Published • loading... • Updated
Eldorado Gold Says First Copper Concentrate Produced at McIlvenna Bay Project
The company is ramping up to 4,900 tonnes per day and expects commercial production in the third quarter, CEO George Burns said.
- In VANCOUVER, The Canadian Press reports that Eldorado Gold Corp. produced the first copper concentrate at the McIlvenna Bay project in Saskatchewan on Sunday.
- The company acquired Foran Mining Corp. earlier this year, adding the McIlvenna Bay project after it was designated one of the government's first five fast-track projects last year.
- Eldorado President George Burns noted that McIlvenna Bay adds substantial copper and zinc production, with operations ramping toward a nameplate capacity of 4,900 tonnes per day.
- During the ramp-up period, the company will optimize the flotation circuit and reagent addition performance while completing the paste plant and underground infrastructure.
- Eldorado Gold expects to achieve commercial production in the third quarter of this year, trading on the TSX as ELD.
Insights by Ground AI
12 Articles
12 Articles
The Toronto Star+4 Reposted by 4 other sources
Eldorado Gold Announces First Concentrate Produced at McIlvenna Bay
Key Milestone Ahead of Q3-2026 Commercial Production
·Toronto, Canada
Read Full Article
Eldorado Gold on course for Canadian copper production
Eldorado Gold (TSX:ELD; NYSE:EGO) has produced the first copper concentrate from its McIlvenna Bay project in Saskatchewan, with commercial production expected in Q3. The global gold and base metals explorer, developer and producer is active in Canada, Greece and Turkey. Eldorado Gold stock has added 41.72 per cent year-over-year and 190.83 per cent since 2021. Eldorado Gold (TSX:ELD; NYSE:EGO) has produced the first copper concentrate from its …
Coverage Details
Total News Sources12
Leaning Left7Leaning Right0Center2Last UpdatedBias Distribution78% Left
Bias Distribution
- 78% of the sources lean Left
78% Left
L 78%
C 22%
Factuality
To view factuality data please Upgrade to Premium
