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Eldorado to spend US$520M on Kisladag mill

Eldorado Gold (TSX:ELD) will spend US$520 million on a mill project at the Kışladağ gold mine in Turkey, giving it a nine-year, 270,000-ounce-per-annum project.

Eldorado to spend US$520M on Kisladag mill Eldorado to spend US$520M on Kisladag mill Eldorado to spend US$520M on Kisladag mill Eldorado to spend US$520M on Kisladag mill Eldorado to spend US$520M on Kisladag mill

Kisladag from above in 2013. The leach pad has around 1.7 million ounces of gold left in it

Kışladağ is currently a heap leach operation, but Eldorado ran into major recovery trouble last year and will now "reboot" it with a mill by around 2020.