Gold production of Eldorado Gold: increased by 35% in the third quarter.

Publicado: Nov 2, 2020 08:18

Fonte: SMM compilation

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[Eldorado Gold: third-quarter gold production grew 35 per cent] recent Eldorado Gold (NYSE:ELD) released a third-quarter report that total gold production in the third quarter of 2020 was 136922 ounces, up 35 per cent from 101596 ounces in the third quarter of 2019. The company will maintain its guidance production of 520000-550000 ounces of gold for the whole of 2020, with a total maintenance cost of $850,950per ounce sold.

SMM11, March 2 / PRNewswire-FirstCall-Asianet /-- according to a recent third-quarter report from Eldorado Gold (NYSE:ELD), total gold production in the third quarter of 2020 was 136922 ounces, up 35 percent from 101596 ounces in the third quarter of 2019.

The company will maintain its guidance production of 520000-550000 ounces of gold for the whole of 2020, with a total maintenance cost of $850,950per ounce sold.

Net cash generated by operating activities in the third quarter of 2020 was $165.4 million due to increased sales higher average gold prices and commodity payment cycles a significant increase from $51.2 million in the third quarter of 2019.

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