Eldorado Gold
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| Type | Public |
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| Traded as | TSX: ELD NYSE: EGO OTCQB: ELDXF |
| Industry | Gold |
| Founded | 1991 |
| Founder(s) | Richard Barclay, Michael Beley,Gary D. Nordin, Marco Romero, Chester Millar |
| Headquarters | Vancouver, British Columbia, Canada |
| Key people | Paul N. Wright (CEO) Ed Miu (CFO) |
| Employees | 881 (2008)[1] |
| Website | www.eldoradogold.com |
Eldorado Gold is a Vancouver, British Columbia based company involved in the mining, exploration and development of gold properties in China, Brazil, Greece, Romania and Turkey.
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Operations[edit]
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. There are operations in Greece.[2]
Acquisitions[edit]
Eldorado Gold announced in August 2009 that it would buy Sino Gold for C$2.0 billion ($1.84 billion).[3] The purchase included the Jinfeng Gold Mine in the People's Republic of China.[4]
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 a mid-February 2012 shareholders meeting.[5]
References[edit]
- ^ "Company Profile for Eldorado Gold Corp (CA;ELD)". Retrieved 2008-10-08.
- ^ Suzanne Daley (January 13, 2013). "Greece Sees Gold Boom, but at a Price". The New York Times. Retrieved January 14, 2013.
- ^ "Eldorado to buy Sino Gold for $2 billion". Reuters. 2009-08-26.
- ^ "Jinfing Production Report". Eldorado Gold. Retrieved 4 May 2013.
- ^ "Eldorado Falls the Most in Two Years Amid Plan to Buy European Goldfields". December 20, 2011.
External links[edit]
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