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Commodities Briefing - Categorized | Bullion/Gold, Market Moves more

Eldorado Gold cuts capital spending as gold price falls

Posted on 17 July 2013

Eldorado Gold Corp said on Tuesday that it will cut capital spending in 2013 by more than 35 percent, deferring a full expansion at its Kisladag project in Turkey, in light of the recent drop in the gold price.
The Vancouver-based company also said it will bump back the start dates for three of its European development projects - Skouries and Perama in Greece and Certej in Romania - by at least a year, into 2016 or 2017………………………………………..Full Article: Source


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