Eldorado Gold Sets Stage for Growth with Strong Q1 2026 Performance

Eldorado Gold kicked off 2026 on a solid note, delivering performance in line with expectations and full-year guidance. The company's busy start to the year is a promising indication of what's to come as it advances two high-quality growth projects: Skouries in Greece and McIlvenna Bay in Saskatchewan.

CEO George Burns highlighted that this year is crucial for Eldorado, citing the upcoming ramp-up of these polymetallic assets. Both projects are expected to significantly enhance the company's production profile and cash flow generation once online. To provide greater transparency as Skouries and MacBay come into production, the company plans to start reporting copper assets on a $ per pound co-product basis starting in Q3 2026.

Looking ahead to the third quarter of this year, Eldorado is set to take a significant step forward with the launch of these new operations. Notably, George Burns has announced his intention to retire as CEO later this year, with Christian Milau, currently President, poised to seamlessly take over the role.

The company also took pride in its colleagues at Lamaque receiving the TSM Gold Leadership Award for achieving a Level AAA rating across all applicable performance indicators. This achievement reflects Eldorado's unwavering commitment to responsible mining practices and employee dedication.

Additionally, the Foran transaction represents a significant milestone for Eldorado, marking the beginning of integration activities with McIlvenna Bay. The company has expressed enthusiasm about welcoming the new team and stakeholders in Saskatchewan, praising their focus on safety, collaboration, and responsible execution.

The stage is set for Eldorado Gold to deliver further growth this year as it brings these high-quality assets online. With its busy start to 2026 and commitment to transparency, investors will be closely monitoring the company's progress as it unfolds in the coming months.