Eldorado Gold Says First Copper Concentrate Produced at McIlvenna Bay Project
The company is ramping up to 4,900 tonnes per day and expects commercial production in the third quarter, CEO George Burns said.
- In VANCOUVER, The Canadian Press reports that Eldorado Gold Corp. produced the first copper concentrate at the McIlvenna Bay project in Saskatchewan on Sunday, marking a significant operational milestone.
- Following its acquisition of Foran Mining Corp. earlier this year, Eldorado Gold advanced McIlvenna Bay, which was designated one of the government's first five fast-track projects last year.
- Eldorado President George Burns noted that McIlvenna Bay adds substantial copper and zinc production, with operations ramping toward a nameplate capacity of 4,900 tonnes per day.
- During the ramp-up period, the company will optimize the flotation circuit and reagent addition performance while completing the paste plant and underground infrastructure.
- Commercial production is expected in the third quarter of this year, positioning Eldorado Gold as a major mining entity trading on the TSX as ELD.
13 Articles
13 Articles
The Toronto Star
Eldorado Gold Announces First Concentrate Produced at McIlvenna Bay
Key Milestone Ahead of Q3-2026 Commercial Production
Eldorado Produces First Concentrate at McIlvenna Bay
Eldorado Gold announced that the first copper concentrate has been produced at the McIlvenna Bay project in east-central Saskatchewan, Canada. Wet commissioning of the McIlvenna Bay processing plant was completed recently, and following the commencement of hot commissioning, first copper concentrates were produced on June 7. The operating team is now focused on ramp-up toward the nameplate capacity of 4,900 metric tons per day. Key activities du…
Eldorado Gold on course for Canadian copper production
Eldorado Gold (TSX:ELD; NYSE:EGO) has produced the first copper concentrate from its McIlvenna Bay project in Saskatchewan, with commercial production expected in Q3. The global gold and base metals explorer, developer and producer is active in Canada, Greece and Turkey. Eldorado Gold stock has added 41.72 per cent year-over-year and 190.83 per cent since 2021. Eldorado Gold (TSX:ELD; NYSE:EGO) has produced the first copper concentrate from its …
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