Eldorado Gold Produces First Copper-Gold Concentrate at Skouries; Commercial Production on Track for Q4 2026
EGO sits 80% above its 52-week low of $24.44.
Summary
Eldorado Gold produced first copper-gold concentrate at its Skouries project in Greece on September 8, 2026, with commercial production expected in Q4 2026. The ore stockpile exceeds 4.6 million tonnes above reserve grade, supporting over seven months of processing.
Key Events · Product Development and Regulatory · EGO
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First Concentrate Produced at Skouries
First copper-gold concentrate was produced on September 8, 2026, as part of commissioning and ramp-up of the processing plant, following first ore to the crusher in July.
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Ore Stockpile Exceeds 4.6M Tonnes
The ore stockpile is above reserve grade and underpins more than seven months of processing throughput and concentrate production, providing a strong foundation for ramp-up.
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Grid Connection Expected September 2026
Temporary on-site power generation continues until connection to the national power grid, expected in September 2026, subject to final inspections, testing, and metering installation by the Greek transmission authority.
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Commercial Production Targeted for Q4 2026
Commercial production is expected in the fourth quarter of 2026, with average life-of-mine output of 140,000 ounces of gold and 67 million pounds of copper annually.
Analysis · EGO · Energy & Transportation
First concentrate at Skouries marks the transition from construction to operations at Eldorado's flagship growth project. The 4.6 million tonne ore stockpile above reserve grade provides over seven months of processing runway, de-risking the ramp-up. Grid connection expected this month removes a key commissioning bottleneck. Commercial production in Q4 2026 would add 140,000 ounces of gold and 67 million pounds of copper annually, transforming Eldorado into a diversified precious and critical minerals producer.
How filings like this one have moved
In the 30 days to Sep 10, 2026, 30.1% of the 2014 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.11%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, EGO was trading at $44.10 on NYSE in the Energy & Transportation sector, with a market capitalization of approximately $11.5B. The 52-week trading range was $24.44 to $51.16. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.