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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG -- Ignore unavailable to you. Want to Upgrade?


To: Ms. Baby Boomer who wrote (48054)5/1/2014 5:44:31 PM
From: Ms. Baby Boomer  Read Replies (1) | Respond to of 48092
 
Eldorado Gold Corporation: 2014 First
Quarter Financial and Operating Results...

Gold production of 196,523 ounces, All-In Sustaining Costs of $786 per ounce

VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 1, 2014) - Eldorado Gold Corporation (Eldorado or the Company) ( ELD.TO)( EGO) is pleased to report the Company's financial and operational results for the first quarter ended March 31, 2014. Net profit attributable to shareholders of the Company for the quarter was $31.3 million or $0.04 per share.

"The first quarter of 2014 proved to be another strong quarter for the Company, with gold production of 196,523 ounces, representing a 20 percent increase over the first quarter 2013," said Paul Wright, Chief Executive Officer of Eldorado Gold. "Within the organization our employees are dedicated to continuously improving safety, operational performance and overall cost reductions, enabling Eldorado to remain one of the lowest cost gold producers, as demonstrated by our all-in sustaining cash costs for the quarter of $786 per ounce. Strong performance this quarter supports our guidance for 2014 of 730,000-800,000 ounces of gold at an average all-in sustaining cash cost of approximately $950 per ounce."....

Cont'd @ finance.yahoo.com