Eldorado Gold is a mid-tier gold mining company operating four mines across Canada, Türkiye, and Greece. Its flagship operating asset is the Lamaque Complex in Québec, an underground gold mine processing ore through the Sigma mill, with a second high-grade ore source at the Ormaque deposit ramping up in 2026. In Türkiye, Eldorado operates Kışladağ, a large open-pit heap leach mine with a long mine life, and Efemçukuru, a smaller underground gold mine. In Greece, Eldorado operates Olympias, an underground polymetallic mine producing gold concentrate alongside silver, lead, and zinc byproducts, with a mill expansion underway. Eldorado sells gold as doré or concentrate to smelters and refiners, with revenue driven by production volumes multiplied by realized metal prices and profitability driven by the spread between gold prices and extraction costs. Costs are reported on a per-ounce basis (total cash cost and AISC), with byproduct credits from copper, silver, lead, and zinc reducing net gold costs. Eldorado's growth story centers on Skouries, a large copper-gold open-pit and underground mine under construction in Greece that was approximately 90% complete as of early 2026, with first concentrate production expected in Q3 2026. Skouries is expected to significantly lower Eldorado's consolidated cost profile given copper byproduct credits. Beyond Skouries, Eldorado announced the acquisition of Foran Mining in early 2026, adding a Canadian copper-gold development asset to its pipeline.