{"id":15887,"date":"2019-04-01T16:41:22","date_gmt":"2019-04-01T20:41:22","guid":{"rendered":"https:\/\/capital10x.com\/old\/?p=15887"},"modified":"2019-04-01T16:41:22","modified_gmt":"2019-04-01T20:41:22","slug":"eldorado-gold-starts-production-lamaque-eldto","status":"publish","type":"post","link":"https:\/\/capital10x.com\/old\/eldorado-gold-starts-production-lamaque-eldto\/","title":{"rendered":"Eldorado Gold Starts Production at Lamaque"},"content":{"rendered":"

Eldorado Gold<\/strong> [stock_market_widget type=\"inline\" template=\"generic\" color=\"default\" assets=\"ELD.TO\" markup=\"(TSX: {symbol} {currency_symbol}{price} ({change_pct}))\" api=\"yf\"] has just announced<\/a> that it has begun commercial production at the Lamaque mine in Quebec. This mine is wholly-owned by Eldorado and it produces ore from the Triangle deposit. The ore is then sent to the refurbished Sigma mill for processing.<\/p>\n

According to the press release issued by Eldorado, Lamaque has an initial mine life of seven years and is on track to deliver 100,000 ounces to 110,000 ounces of gold production this year. The good part is that the mine will witness an uptick in its gold production in subsequent years.<\/p>\n

Eldorado forecasts that Lamaque will deliver between 125,000 and 135,000 ounces of gold in 2020 and 2021. This isn\u2019t surprising as the company had witnessed a 50% jump in the inferred resources at the Lamaque mine last year, and is currently conducting further drilling in order to boost its reserves and resources at the mine.<\/p>\n

This is great news for Eldorado investors as the beginning of production at Lamaque will positively impact its production profile. The company had already recorded<\/a> pre-commercial production at the mine last year and was anticipating starting commercial production by the end of the first quarter of 2019.<\/p>\n

Thanks to this addition, Eldorado Gold\u2019s output this year will fall in the range of 390,000 ounces to 420,000 ounces, which would be a jump of 16% at the mid-point. Moreover, the company is busy ramping up production at another mine \u2013 Kisladag \u2013 where the company has decided to resume mining and heap leaching activities.<\/p>\n

Thanks to Kisladag, Eldorado believes that its production next year will jump to a range of 520,000 ounces to 550,000 ounces. Also, the company\u2019s cost profile will be better as it anticipates all-in sustaining costs of $867-$967 per ounce from 2019 to 2021, lower than last year\u2019s AISC of $994 per ounce.<\/p>\n

So, Eldorado Gold is on track to deliver a solid year thanks to a superior production profile and higher gold prices.<\/p>\n","protected":false},"excerpt":{"rendered":"

The new Lamaque mine will boost Eldorado’s (TSX: ELD.TO) production profile. Read this report to find out more.<\/p>\n","protected":false},"author":8,"featured_media":15896,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59],"tags":[208,375,521,371,72],"class_list":{"0":"post-15887","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-metals","8":"tag-company-news","9":"tag-eld","10":"tag-eld-to","11":"tag-eldorado-gold","12":"tag-mining-stocks"},"acf":[],"yoast_head":"\nEldorado Gold Starts Production at Lamaque | Capital 10X<\/title>\n<meta name=\"description\" content=\"The new Lamaque mine will boost Eldorado's (TSX: ELD.TO) production profile. Read this report to find out more.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/capital10x.com\/old\/eldorado-gold-starts-production-lamaque-eldto\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Eldorado Gold Starts Production at Lamaque | Capital 10X\" \/>\n<meta property=\"og:description\" content=\"The new Lamaque mine will boost Eldorado's (TSX: ELD.TO) production profile. Read this report to find out more.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/capital10x.com\/old\/eldorado-gold-starts-production-lamaque-eldto\/\" \/>\n<meta property=\"og:site_name\" content=\"Capital 10X\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Capital10x\/\" \/>\n<meta property=\"article:published_time\" content=\"2019-04-01T20:41:22+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/capital10x.com\/old\/wp-content\/uploads\/2019\/04\/mtl-company-eldorado-gold-01.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1069\" \/>\n\t<meta property=\"og:image:height\" content=\"713\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Harsh Singh Chauhan\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@capital10x\" \/>\n<meta name=\"twitter:site\" content=\"@capital10x\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Harsh Singh Chauhan\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/capital10x.com\/old\/eldorado-gold-starts-production-lamaque-eldto\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/capital10x.com\/old\/eldorado-gold-starts-production-lamaque-eldto\/\"},\"author\":{\"name\":\"Harsh Singh Chauhan\",\"@id\":\"https:\/\/capital10x.com\/old\/#\/schema\/person\/6cf9c847c0d9142d0a20042dff8d6ea0\"},\"headline\":\"Eldorado Gold Starts Production at Lamaque\",\"datePublished\":\"2019-04-01T20:41:22+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/capital10x.com\/old\/eldorado-gold-starts-production-lamaque-eldto\/\"},\"wordCount\":327,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/capital10x.com\/old\/#organization\"},\"image\":{\"@id\":\"https:\/\/capital10x.com\/old\/eldorado-gold-starts-production-lamaque-eldto\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/capital10x.com\/old\/wp-content\/uploads\/2019\/04\/mtl-company-eldorado-gold-01.jpg\",\"keywords\":[\"Company News\",\"ELD\",\"ELD.TO\",\"Eldorado Gold\",\"Mining Stocks\"],\"articleSection\":[\"Metals\"],\"inLanguage\":\"en-CA\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/capital10x.com\/old\/eldorado-gold-starts-production-lamaque-eldto\/#respond\"]}],\"copyrightYear\":\"2019\",\"copyrightHolder\":{\"@id\":\"https:\/\/capital10x.com\/old\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/capital10x.com\/old\/eldorado-gold-starts-production-lamaque-eldto\/\",\"url\":\"https:\/\/capital10x.com\/old\/eldorado-gold-starts-production-lamaque-eldto\/\",\"name\":\"Eldorado Gold Starts Production at Lamaque | Capital 10X\",\"isPartOf\":{\"@id\":\"https:\/\/capital10x.com\/old\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/capital10x.com\/old\/eldorado-gold-starts-production-lamaque-eldto\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/capital10x.com\/old\/eldorado-gold-starts-production-lamaque-eldto\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/capital10x.com\/old\/wp-content\/uploads\/2019\/04\/mtl-company-eldorado-gold-01.jpg\",\"datePublished\":\"2019-04-01T20:41:22+00:00\",\"description\":\"The new Lamaque mine will boost Eldorado's (TSX: ELD.TO) production profile. Read this report to find out more.\",\"breadcrumb\":{\"@id\":\"https:\/\/capital10x.com\/old\/eldorado-gold-starts-production-lamaque-eldto\/#breadcrumb\"},\"inLanguage\":\"en-CA\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/capital10x.com\/old\/eldorado-gold-starts-production-lamaque-eldto\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-CA\",\"@id\":\"https:\/\/capital10x.com\/old\/eldorado-gold-starts-production-lamaque-eldto\/#primaryimage\",\"url\":\"https:\/\/capital10x.com\/old\/wp-content\/uploads\/2019\/04\/mtl-company-eldorado-gold-01.jpg\",\"contentUrl\":\"https:\/\/capital10x.com\/old\/wp-content\/uploads\/2019\/04\/mtl-company-eldorado-gold-01.jpg\",\"width\":1069,\"height\":713},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/capital10x.com\/old\/eldorado-gold-starts-production-lamaque-eldto\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/capital10x.com\/old\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Metals\",\"item\":\"https:\/\/capital10x.com\/old\/metals\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Eldorado Gold Starts Production at Lamaque\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/capital10x.com\/old\/#website\",\"url\":\"https:\/\/capital10x.com\/old\/\",\"name\":\"Capital 10X\",\"description\":\"Identifying 10X Investment Opportunities\",\"publisher\":{\"@id\":\"https:\/\/capital10x.com\/old\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/capital10x.com\/old\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-CA\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/capital10x.com\/old\/#organization\",\"name\":\"Capital 10X\",\"url\":\"https:\/\/capital10x.com\/old\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-CA\",\"@id\":\"https:\/\/capital10x.com\/old\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/capital10x.com\/old\/wp-content\/uploads\/2019\/02\/capital-10X-logo-stacked.png\",\"contentUrl\":\"https:\/\/capital10x.com\/old\/wp-content\/uploads\/2019\/02\/capital-10X-logo-stacked.png\",\"width\":128,\"height\":90,\"caption\":\"Capital 10X\"},\"image\":{\"@id\":\"https:\/\/capital10x.com\/old\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/Capital10x\/\",\"https:\/\/x.com\/capital10x\",\"https:\/\/www.instagram.com\/capital10x\",\"https:\/\/www.linkedin.com\/company\/capital10x\/\",\"https:\/\/www.pinterest.com\/capital10x\",\"https:\/\/www.youtube.com\/Capital10X\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/capital10x.com\/old\/#\/schema\/person\/6cf9c847c0d9142d0a20042dff8d6ea0\",\"name\":\"Harsh Singh Chauhan\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-CA\",\"@id\":\"https:\/\/capital10x.com\/old\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/888e70b636e900dd8ac0b2b40fa637de67adcdb01dee57616ac6ceeacb845f1b?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/888e70b636e900dd8ac0b2b40fa637de67adcdb01dee57616ac6ceeacb845f1b?s=96&d=mm&r=g\",\"caption\":\"Harsh Singh Chauhan\"},\"description\":\"Harsh Singh Chauhan has a wealth of experience evaluating publicly-traded companies across several verticals, including technology, oil and gas, retail, and consumer goods. His financial writing has been published across platforms such as The Motley Fool, TheStreet, and Seeking Alpha. Harsh's philosophy is to find great businesses for the long run based on company fundamentals and industry prospects. Address: 682 Indian Road, Toronto, Ontario, M6P 2C9. Phone: 416-721-8257.\",\"sameAs\":[\"https:\/\/www.linkedin.com\/in\/harsh-singh-chauhan-a8224734\/\"],\"url\":\"https:\/\/capital10x.com\/old\/author\/harsh-singh-chauhan\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Eldorado Gold Starts Production at Lamaque | Capital 10X","description":"The new Lamaque mine will boost Eldorado's (TSX: ELD.TO) production profile. Read this report to find out more.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/capital10x.com\/old\/eldorado-gold-starts-production-lamaque-eldto\/","og_locale":"en_US","og_type":"article","og_title":"Eldorado Gold Starts Production at Lamaque | Capital 10X","og_description":"The new Lamaque mine will boost Eldorado's (TSX: ELD.TO) production profile. Read this report to find out more.","og_url":"https:\/\/capital10x.com\/old\/eldorado-gold-starts-production-lamaque-eldto\/","og_site_name":"Capital 10X","article_publisher":"https:\/\/www.facebook.com\/Capital10x\/","article_published_time":"2019-04-01T20:41:22+00:00","og_image":[{"width":1069,"height":713,"url":"https:\/\/capital10x.com\/old\/wp-content\/uploads\/2019\/04\/mtl-company-eldorado-gold-01.jpg","type":"image\/jpeg"}],"author":"Harsh Singh Chauhan","twitter_card":"summary_large_image","twitter_creator":"@capital10x","twitter_site":"@capital10x","twitter_misc":{"Written by":"Harsh Singh Chauhan","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/capital10x.com\/old\/eldorado-gold-starts-production-lamaque-eldto\/#article","isPartOf":{"@id":"https:\/\/capital10x.com\/old\/eldorado-gold-starts-production-lamaque-eldto\/"},"author":{"name":"Harsh Singh Chauhan","@id":"https:\/\/capital10x.com\/old\/#\/schema\/person\/6cf9c847c0d9142d0a20042dff8d6ea0"},"headline":"Eldorado Gold Starts Production at Lamaque","datePublished":"2019-04-01T20:41:22+00:00","mainEntityOfPage":{"@id":"https:\/\/capital10x.com\/old\/eldorado-gold-starts-production-lamaque-eldto\/"},"wordCount":327,"commentCount":0,"publisher":{"@id":"https:\/\/capital10x.com\/old\/#organization"},"image":{"@id":"https:\/\/capital10x.com\/old\/eldorado-gold-starts-production-lamaque-eldto\/#primaryimage"},"thumbnailUrl":"https:\/\/capital10x.com\/old\/wp-content\/uploads\/2019\/04\/mtl-company-eldorado-gold-01.jpg","keywords":["Company News","ELD","ELD.TO","Eldorado Gold","Mining Stocks"],"articleSection":["Metals"],"inLanguage":"en-CA","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/capital10x.com\/old\/eldorado-gold-starts-production-lamaque-eldto\/#respond"]}],"copyrightYear":"2019","copyrightHolder":{"@id":"https:\/\/capital10x.com\/old\/#organization"}},{"@type":"WebPage","@id":"https:\/\/capital10x.com\/old\/eldorado-gold-starts-production-lamaque-eldto\/","url":"https:\/\/capital10x.com\/old\/eldorado-gold-starts-production-lamaque-eldto\/","name":"Eldorado Gold Starts Production at Lamaque | Capital 10X","isPartOf":{"@id":"https:\/\/capital10x.com\/old\/#website"},"primaryImageOfPage":{"@id":"https:\/\/capital10x.com\/old\/eldorado-gold-starts-production-lamaque-eldto\/#primaryimage"},"image":{"@id":"https:\/\/capital10x.com\/old\/eldorado-gold-starts-production-lamaque-eldto\/#primaryimage"},"thumbnailUrl":"https:\/\/capital10x.com\/old\/wp-content\/uploads\/2019\/04\/mtl-company-eldorado-gold-01.jpg","datePublished":"2019-04-01T20:41:22+00:00","description":"The new Lamaque mine will boost Eldorado's (TSX: ELD.TO) production profile. Read this report to find out more.","breadcrumb":{"@id":"https:\/\/capital10x.com\/old\/eldorado-gold-starts-production-lamaque-eldto\/#breadcrumb"},"inLanguage":"en-CA","potentialAction":[{"@type":"ReadAction","target":["https:\/\/capital10x.com\/old\/eldorado-gold-starts-production-lamaque-eldto\/"]}]},{"@type":"ImageObject","inLanguage":"en-CA","@id":"https:\/\/capital10x.com\/old\/eldorado-gold-starts-production-lamaque-eldto\/#primaryimage","url":"https:\/\/capital10x.com\/old\/wp-content\/uploads\/2019\/04\/mtl-company-eldorado-gold-01.jpg","contentUrl":"https:\/\/capital10x.com\/old\/wp-content\/uploads\/2019\/04\/mtl-company-eldorado-gold-01.jpg","width":1069,"height":713},{"@type":"BreadcrumbList","@id":"https:\/\/capital10x.com\/old\/eldorado-gold-starts-production-lamaque-eldto\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/capital10x.com\/old\/"},{"@type":"ListItem","position":2,"name":"Metals","item":"https:\/\/capital10x.com\/old\/metals\/"},{"@type":"ListItem","position":3,"name":"Eldorado Gold Starts Production at Lamaque"}]},{"@type":"WebSite","@id":"https:\/\/capital10x.com\/old\/#website","url":"https:\/\/capital10x.com\/old\/","name":"Capital 10X","description":"Identifying 10X Investment Opportunities","publisher":{"@id":"https:\/\/capital10x.com\/old\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/capital10x.com\/old\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-CA"},{"@type":"Organization","@id":"https:\/\/capital10x.com\/old\/#organization","name":"Capital 10X","url":"https:\/\/capital10x.com\/old\/","logo":{"@type":"ImageObject","inLanguage":"en-CA","@id":"https:\/\/capital10x.com\/old\/#\/schema\/logo\/image\/","url":"https:\/\/capital10x.com\/old\/wp-content\/uploads\/2019\/02\/capital-10X-logo-stacked.png","contentUrl":"https:\/\/capital10x.com\/old\/wp-content\/uploads\/2019\/02\/capital-10X-logo-stacked.png","width":128,"height":90,"caption":"Capital 10X"},"image":{"@id":"https:\/\/capital10x.com\/old\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/Capital10x\/","https:\/\/x.com\/capital10x","https:\/\/www.instagram.com\/capital10x","https:\/\/www.linkedin.com\/company\/capital10x\/","https:\/\/www.pinterest.com\/capital10x","https:\/\/www.youtube.com\/Capital10X\/"]},{"@type":"Person","@id":"https:\/\/capital10x.com\/old\/#\/schema\/person\/6cf9c847c0d9142d0a20042dff8d6ea0","name":"Harsh Singh Chauhan","image":{"@type":"ImageObject","inLanguage":"en-CA","@id":"https:\/\/capital10x.com\/old\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/888e70b636e900dd8ac0b2b40fa637de67adcdb01dee57616ac6ceeacb845f1b?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/888e70b636e900dd8ac0b2b40fa637de67adcdb01dee57616ac6ceeacb845f1b?s=96&d=mm&r=g","caption":"Harsh Singh Chauhan"},"description":"Harsh Singh Chauhan has a wealth of experience evaluating publicly-traded companies across several verticals, including technology, oil and gas, retail, and consumer goods. His financial writing has been published across platforms such as The Motley Fool, TheStreet, and Seeking Alpha. Harsh's philosophy is to find great businesses for the long run based on company fundamentals and industry prospects. Address: 682 Indian Road, Toronto, Ontario, M6P 2C9. Phone: 416-721-8257.","sameAs":["https:\/\/www.linkedin.com\/in\/harsh-singh-chauhan-a8224734\/"],"url":"https:\/\/capital10x.com\/old\/author\/harsh-singh-chauhan\/"}]}},"_links":{"self":[{"href":"https:\/\/capital10x.com\/old\/wp-json\/wp\/v2\/posts\/15887","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/capital10x.com\/old\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/capital10x.com\/old\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/capital10x.com\/old\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/capital10x.com\/old\/wp-json\/wp\/v2\/comments?post=15887"}],"version-history":[{"count":0,"href":"https:\/\/capital10x.com\/old\/wp-json\/wp\/v2\/posts\/15887\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/capital10x.com\/old\/wp-json\/wp\/v2\/media\/15896"}],"wp:attachment":[{"href":"https:\/\/capital10x.com\/old\/wp-json\/wp\/v2\/media?parent=15887"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/capital10x.com\/old\/wp-json\/wp\/v2\/categories?post=15887"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/capital10x.com\/old\/wp-json\/wp\/v2\/tags?post=15887"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}