Christian Milau, chief executive officer and a founder of Saudi Discovery Co., will be joining Canadian-based Eldorado Gold as president, effective September 12. He brings over 25 years of experience in finance, capital markets, and mining to the position. Full story.
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Engineering group Fluor has been selected by Eldorado Gold subsidiary Hellas Single Gold Member for an engineering, procurement and construction management (EPCM) contract at the Skouries gold-copper operation in the Halkidiki Peninsula, Greece. Fluor’s scope of work includes infrastructure, non-process facilities, process area and tailings filtration. The contract, booked in the firm’s fourth quarter, is worth US$845 million. Fluor’s Vancouver…
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Eldorado Gold’s Hellas Gold arm has deployed Immersive Technologies’ simulation-based training at its Olympias gold-silver-lead-zinc mine in northern Greece, the first operation in the county to do so. Olympias, located in the Halkidiki Peninsula, has been undertaking a modernisation project; the addition of the trainers was part of its strategy to improve production rates and efficiency over the last calendar…
Read MoreG Mining Ventures (GMIN) has signed off on the purchase of the Tocantinzinho gold project in northern Brazil from Eldorado Gold. Financial details were not released. Under the deal’s terms, Eldorado will become a cornerstone shareholder of GMIN, a Canadian-based group that is currently building itself up as an intermedia gold producer. Tocantinzinho is the first step in that path;…
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