Eldorado Gold Operational and Financial Update
Operating Jurisdictions
Operating History in key jurisdictions
C⭑
Türkiye
Canada
•
2021 Investment Attractiveness (3): Türkiye: 52.15/100
•
2022 Investment Attractiveness (2): Québec: 84.03/100
•
•
Operating in Türkiye since 2006
Demonstrated history of 15+ years of permitting success
and strong community relations
•
•
5.5+ year Reserve life with potential from large Inferred
resource(4)
Steady production profile, large resource base and
exploration upside from nearby targets
Turkish Inflation Rates vs. ELD Cash Costs (1) (Turkish Assets)
70
60
1190
1020
50
850
Inflation Rate (%)
40
680
30
510
20
340
10
170
Cash Operating Costs ($/oz)
0
2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022
Kisladag Cash Costs ($/oz) Efemcukuru Cash Costs ($/oz) -Turkish Inflation Rate (%)
Source: Turkish Central Bank, company reports
2 eldorado gold
(1)
(3)
(4)
•
•
Greece
2021 Investment Attractiveness: Greece: N/A (3)
Amended Investment Agreement with Hellenic Republic
in Q1 2021
•
Provides investor protection mechanisms including a
permitting framework similar to other large-scale foreign
investment agreements in Greece
These are non-IFRS financial measures or ratios. See Slide 2 'Non-IFRS Measures' for more information.
Ranked by Fraser Institute. Source: https://www.fraserinstitute.org/studies/annual-survey-of-mining-companies-2022
The 2022 Fraser Institute questionnaire included a number of jurisdictions that had insufficient responses to enable them to be included in the report.
Please refer to the Appendix for more information with respect to the mineral resources and mineral reserves.
38View entire presentation