Eldorado Gold’s Revenue Surges Amid Rising Costs

Eldorado Gold (TSE:ELD) has released an update.

Eldorado Gold reported a 36% increase in Q3 2024 revenue, driven by higher gold prices and sales volumes. The company produced 125,195 ounces of gold, marking a 3% rise from the previous year, though higher production costs led to revised full-year guidance. Eldorado is now expecting total cash costs to range between $910 to $940 per ounce due to increased royalties and labor expenses.

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