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Eldorado Gold posted a solid second quarter with increased revenue and net income, benefiting from elevated gold prices and operational efficiency, particularly at Kisladag and Lamaque. The company also maintained its annual production guidance and remains on track for Skouries' Q1 2026 production start.
Eldorado Gold reported strong Q4 2024 results, with revenue increasing by 42% year-over-year to $435.7 million. Gold production grew to 155,668 ounces, supported by higher mining rates at Kisladag and Lamaque. Adjusted EBITDA rose to $246.7 million, and free cash flow improved significantly. The company continues to focus on cost management and production growth.