Eldorado Resorts

Eldorado Gold Corporation has entered a memorandum of understanding with G-Mining Services to form a strategic alliance providing engineering and construction services for its project development and execution. The partnership aims to improve project readiness, delivery certainty and capital efficiency across current and future projects by aligning teams and ways of working. Eldorado expects the arrangement to strengthen its project delivery model and help maximize cash flow per share from its internal growth pipeline. » Plus sur finance.yahoo.com

S&P Global Ratings has raised Eldorado Gold’s rating from B+ to BB- with a positive outlook, citing stronger cash flow and improved leverage metrics. Eldorado posted adjusted EBITDA of over $1 billion in 2025, held about $870 million in cash and had a gross leverage ratio of roughly 1.3x. The Skouries project is about 90% complete; production is expected to start in Q3 2026 and ramp up through the end of 2026. With the Foran acquisition and commissioning of ongoing projects, S&P expects gold-equivalent production of around 900,000 ounces by the end of 2027, adjusted leverage well below 1.0x, and free operating cash flow of about $2 billion in 2027–2028, assuming Skouries performs as planned. » Plus sur de.investing.com

Eldorado Gold bought 14,868,200 common shares of Amex Exploration in a private agreement at C$4.00 each (total C$59.5 million), raising its holding from about 16.77% to roughly 27.27% on an undiluted basis (about 27.37% on a partially diluted basis). The transaction was made under the exemption of National Instrument 62-104; the company did not specify concrete plans for further steps. Eldorado emphasized its strong liquidity position and also reported an increase in proven and probable gold reserves to 12.5 million ounces as of September 30, 2025. » Plus sur de.investing.com