Eldorado Gold
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| Type | Public (TSX: ELD NYSE: EGO) |
|---|---|
| Industry | Gold |
| Founded | 1991 |
| Founder(s) | Gary D. Nordin |
| Headquarters | Vancouver, British Columbia, Canada |
| Key people | Ed Miu (CFO) |
| Employees | 881 (2008)[1] |
| Website | www.eldoradogold.com |
Eldorado Gold Corporation (TSX: ELD) is a Vancouver, British Columbia based company involved in the mining, exploration and development of gold properties in China, Brazil, Greece and Turkey.
Eldorado gold is also the first North American company to successfully construct and operate a gold mine in China. Production from the mine in Western China commenced in 2007.
[edit] Acquisitions
Eldorado Gold announced in August 2009 that it will buy Sino Gold for C$2.0 billion ($1.84 billion). The two companies expect the deal to close in December 2009.[2]
In December 2011, Eldorado Gold Corp. agreed to buy European Goldfields Ltd. for about C$2.5 billion ($2.4 billion) in what would be its biggest acquisition. The acquisition proposal requires approval of at least two thirds of European Goldfields shareholders in mid-February 2012 shareholders meeting.[3]
[edit] References
- ^ "Company Profile for Eldorado Gold Corp (CA;ELD)". http://zenobank.com/index.php?symbol=CA;ELD&page=quotesearch. Retrieved 2008-10-08.
- ^ "Eldorado to buy Sino Gold for $2 billion". Reuters. 2009-08-26. http://www.reuters.com/article/asiaDealsNews/idUSTRE57P3LR20090826.
- ^ "Eldorado Falls the Most in Two Years Amid Plan to Buy European Goldfields". December 20, 2011. http://www.bloomberg.com/news/2011-12-18/eldorado-to-buy-european-goldfields-for-2-41-billion-to-expand-in-europe.html.
[edit] External links
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