Eldorado Gold Achieves Higher-End of 2025 Production Guidance; Appoints Dr. Sally Eyre to the Board of Directors; Details 2026 Reporting Schedule and Provides Q4 2025 Conference Call Details
MWN-AI** Summary
Eldorado Gold Corporation (TSX: ELD, NYSE: EGO) recently reported impressive preliminary gold production figures for Q4 2025 and the full year, achieving the higher end of its 2025 production guidance. The company produced 123,418 ounces of gold in the fourth quarter and a total of 488,268 ounces for the year. This production surge was primarily driven by strong output from the Lamaque Complex and stable performance from the Olympias, Kisladag, and Efemcukuru mines. The Lamaque Complex notably contributed significantly, with higher ore grades and mill throughput leading to enhanced results as compared to prior quarters.
In a strategic move, Eldorado appointed Dr. Sally Eyre to its Board of Directors, effective January 1, 2026. Dr. Eyre brings over 30 years of experience in mining finance and global resource capital markets, making her a valuable addition as Eldorado pursues its growth initiatives and long-term value creation strategy. Her extensive background includes senior roles at companies like Equinox Gold and Endeavour Mining.
Looking ahead, Eldorado plans to release its Year-End and Q4 2025 Financial and Operational Results on February 19, 2026, followed by a conference call on February 20, 2026, at 11:30 AM ET. This call will provide insights into the company’s performance and future guidance for 2026 as well as an updated three-year outlook. Eldorado's continued dedication to responsible operations and community partnerships underscores its commitment to sustained growth in the gold and base metals sectors, reflecting its robust operational framework and experienced leadership.
MWN-AI** Analysis
Eldorado Gold Corporation (TSX:ELD, NYSE:EGO) has recently achieved notable milestones, reporting stronger-than-anticipated production results for the fourth quarter and full year of 2025. With preliminary gold output at 123,418 ounces for Q4 and 488,268 ounces for the year, the company has successfully positioned itself at the higher end of its production guidance. This performance is driven largely by impressive results from the Lamaque Complex and a rebound in the Olympias mine, showcasing effective operational improvements.
Investors may find this upward production trend indicative of a solid operational strategy and potential for continued growth. The increase in Lamaque’s output, complemented by stable production from Kisladag and Efemcukuru, speaks to Eldorado's commitment to maximizing its asset capabilities. Moreover, the appointment of Dr. Sally Eyre to the Board of Directors enhances the strategic leadership with her extensive mining and capital markets experience, which could prove advantageous as Eldorado navigates future growth initiatives.
With the anticipation of a reported guidance update for 2026, analysts and investors should remain vigilant leading up to the earnings release on February 19, 2026, and the conference call on February 20, 2026. The upcoming results may provide further clarity on Eldorado's long-term strategy, particularly in light of geopolitical considerations in its operating regions.
In the short term, investors might consider monitoring gold price trends closely. As Eldorado’s performance correlates directly with gold prices, fluctuations in the market could affect earnings. Therefore, while the operational results demonstrate strength and resilience, keeping an eye on broader market dynamics, including inflation and interest rate shifts, will be crucial for making informed investment decisions in Eldorado Gold. Overall, the outlook remains positive, underscoring a potential hold or buy recommendation for long-term investors.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
(All dollar figures are in US dollars, unless otherwise stated)
VANCOUVER, British Columbia, Jan. 20, 2026 (GLOBE NEWSWIRE) -- Eldorado Gold Corporation (TSX:ELD) (NYSE:EGO) (“Eldorado” or “the Company”) announces fourth quarter 2025 preliminary gold production of 123,418 ounces, and full year preliminary gold production of 488,268 ounces. Fourth quarter production was driven by strong results at the Lamaque Complex, while Olympias benefited from improved processing stability, bringing production back in line with expectations. In addition, Kisladag and Efemcukuru delivered solid production in line with expectations. Detailed production, by asset, is outlined in the table below.
2025 Preliminary Gold Production
| Gold Production (oz) | |||||
| Full Year 2025 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | |
| Lamaque Complex | 187,208 | 49,307 | 46,823 | 50,640 | 40,438 |
| Kisladag | 168,701 | 41,141 | 37,184 | 46,058 | 44,319 |
| Efemcukuru | 72,482 | 14,497 | 17,586 | 21,093 | 19,307 |
| Olympias | 59,877 | 18,473 | 13,597 | 15,978 | 11,829 |
| Total Gold Production (oz) | 488,268 | 123,418 | 115,190 | 133,769 | 115,893 |
Canada
Lamaque Complex
The Lamaque Complex delivered strong gold production both in the fourth quarter and for the year. Since commercial production was declared in 2019, a total of approximately 1.12 million ounces have been produced to the end of 2025. During the fourth quarter, production increased slightly over the third quarter driven by higher ore grade and mill throughput. Production during the year benefited from the higher grade Ormaque bulk sample, record mill throughput and continued operational excellence.
Turkiye
Kisladag
At Kisladag, fourth quarter gold production increased slightly over the third quarter, reflecting disciplined execution and solid operational delivery.
Efemcukuru
At Efemcukuru, fourth quarter gold production was lower compared to the third quarter as a result of lower grade due to planned mine sequencing. The mine delivered on its 11th consecutive year of achieving annual production guidance, demonstrating the site’s dedication to continuous improvement and performance.
Greece
Olympias
At Olympias, fourth quarter gold production increased approximately 36% from the previous quarter, driven by improved processing stability following challenges earlier in the year. Adjustments to the paste backfill blend and ongoing mitigation measures supported consistent plant operations, resulting in higher throughput and recoveries, which delivered increased production.
Dr. Sally Eyre Appointed to the Board of Directors
Dr. Sally Eyre was appointed to the Board of Directors effective January 1, 2026. Dr. Eyre is a geologist and mining finance professional with over 30 years of experience in global resource capital markets and mining operations. Currently, she is an independent board member of Ero Copper Corporation. Dr. Eyre previously served as a non-executive director of Equinox Gold Corporation, Senior Independent Director of Centamin plc and a non-executive director of Adventus Mining Corporation. During 2011 to 2014, she served as President and Chief Executive Officer of Copper North Mining and, prior thereto, served as Senior Vice President, Operations at Endeavour Mining, responsible for exploration, development and production projects in West Africa. Dr. Eyre served as President and Chief Executive Officer of Etruscan Resources Inc. (now Endeavour Mining Corp.), a gold company with producing assets in West Africa. She served as Director of Business Development for Endeavour Financial Ltd. and has held executive positions with a number of Canadian resource companies.
Dr. Eyre has a Ph.D. in Economic Geology from the Royal School of Mines, Imperial College, London. Dr. Eyre is a member of the Society of Economic Geologists (SEG); a member of the Institute of Corporate Directors; and a former Director of the SEG Canada Foundation.
Her experience provides valuable technical insight and strategic perspective as Eldorado advances its transformational growth projects and long-term value creation strategy.
Q4 2025 & Full Year 2025 Financial and Operational Results Call Details
Eldorado will release its 2025 Year-End and Fourth Quarter Financial and Operational Results after the market closes on Thursday, February 19, 2026, and will host a conference call on Friday, February 20, 2026, at 11:30 AM ET (8:30 AM PT). The call will be webcast and can be accessed at Eldorado Gold’s website: www.eldoradogold.com, or via: https://event.choruscall.com/mediaframe/webcast.html?webcastid=HLGSU5AR
| Conference Call Details | Replay (available until April 3, 2026) | ||
| Date: | February 20, 2026 | Vancouver: | +1 412 317 0088 |
| Time: | 11:30 AM ET (8:30 AM PT) | Toll Free: | 1 855 669 9658 |
| Dial in: | +1 647 846 2782 | Access code: | 5447764 |
| Toll free: | 1 833 752 3325 |
Participants may elect to pre-register for the conference call via this link: https://dpregister.com/sreg/10205013/100877522c1. Upon registration, participants will receive a calendar invitation by email with dial in details and a unique PIN. This will allow participants to bypass the operator queue and connect directly to the conference. Registration will remain open until the end of the conference call.
Additionally, the Company plans to release guidance for 2026 and an updated three-year outlook, in conjunction with its 2025 full-year results on Thursday, February 19, 2026.
2026 Reporting Schedule
The Company intends to report, and host conference calls led by senior management, as set out in the table below. The Company reserves the right to amend the schedule in its discretion and will inform the market of any changes.
| Event | Result Date | Conference Call Date |
| Fourth Quarter and Full Year 2025 | February 19, 2026 | February 20, 2026 |
| First Quarter 2026 | April 30, 2026 | May 1, 2026 |
| Second Quarter 2026 | July 30, 2026 | July 31, 2026 |
| Third Quarter 2026 | October 29, 2026 | October 30, 2026 |
About Eldorado
Eldorado is a gold and base metals producer with mining, development and exploration operations in Canada, Türkiye and Greece. The Company has a highly skilled and dedicated workforce, safe and responsible operations, a portfolio of high-quality assets, and long-term partnerships with local communities. Eldorado's common shares trade on the Toronto Stock Exchange (TSX: ELD) and the New York Stock Exchange (NYSE: EGO).
Contact
Investor Relations
Lynette Gould, VP, Investor Relations, Communications & External Affairs
647 271 2827 or 1 888 353 8166
lynette.gould@eldoradogold.com
Media
Chad Pederson, Director, Communications and Public Affairs
236 885 6251 or 1 888 353 8166
chad.pederson@eldoradogold.com
Qualified Person
Except as otherwise noted, Simon Hille, FAusIMM, Executive Vice President, Technical Services and Operations, is the Qualified Person under NI 43-101 responsible for preparing and supervising the preparation of the scientific or technical information contained in this news release and verifying the technical data disclosed in this document relating to our operating mines and development projects.
Jessy Thelland, géo (OGQ No. 758), a member in good standing of the Ordre des Géologues du Québec, is the qualified person as defined in NI 43-101 responsible for, and has verified and approved, the scientific and technical data contained in this news release for the Lamaque Complex.
Data verification was completed through a site by site internal control process which confirmed ounces produced to internal reporting systems.
FAQ**
How did Eldorado Gold Corporation ELD:CC's gold production in Q4 2025 compare to Q3 2025, and what factors contributed to the increase in production at the Lamaque Complex?
What specific operational improvements have been implemented at Olympias that enabled Eldorado Gold Corporation ELD:CC to achieve a 36% increase in fourth-quarter production compared to the previous quarter?
With Eldorado Gold Corporation ELD:CC planning to release 2026 production guidance alongside its 2025 results, what key metrics or expectations should investors focus on during the upcoming conference call on February 20, 2026?
Given Dr. Sally Eyre's extensive background in mining finance, how might her appointment to Eldorado Gold Corporation ELD:CC's Board of Directors impact the company's strategic direction and long-term value creation initiatives?
**MWN-AI FAQ is based on asking OpenAI questions about Eldorado Gold Corporation (TSXC: ELD:CC).
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