EXPLORATION & DEVELOPMENT

Better sales terms add Olympias ounces

Better terms for concentrate sales from the Olympias phase-two polymetallic operation looks likely to add 15,000 ounces of payable gold production a year for Eldorado Gold (CN:ELD), as the company continues to turn around its fortunes in Greece.

The Olympias development in Greece is set for commercial production in the September quarter

The Olympias development in Greece is set for commercial production in the September quarter

The miner this week said it had received “multiple tenders for significantly better concentrate sales terms” for material from Olympias, where wet commissioning of phase two is underway. Any new agreement...

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