Loading ...Eldorado Gold (TSX:ELD)(NYSE:EGO) has kicked off commercial production at its Lamaque mine located in Quebec, the company’s first operation in the home country, expected to produce between 100,000-110,000 ounces of gold this year.
Lamaque, which the Vancouver-based company grabbed after acquiring Integra Gold in 2017, has an initial mine life of seven years and its output is set to increase to 125,000-135,000 ounces of gold in 2020 and 2021.
The underground mine produces ore from the Triangle-deposit, which is processed at the refurbished Sigma mill.
Eldorado begins commercial production at its first Canadian mine