Eldorado's announced acquisition of Integra Gold represents a shift from its prior geographic focus.
On June 27, Eldorado announced that unexpected gold grade and recovery issues at the leach pad at its Kisladag mine have led to production below expectations. Though the company will be able to make adjustments to improve output back up to expectations, the changes to the solution pad chemistry and stack height of the leach pad will take some time.As a result, Eldorado now expects Kisladag to produce 180,000 to 210,000 ounces of gold at cash costs of $450 to $500 per ounce, down from prior guid...
Eldorado Gold is engaged in the exploration, development, mining and production of gold and other mining resources in Brazil, China, Turkey and Greece.
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
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