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Eldorado Gold Corporation

 
Hoover's Profile: Eldorado Gold Corporation
(NYSE Alternext:EGO) (Toronto:ELD)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
Eldorado Gold Corporation
550 Burrard St., Ste. 1188
Vancouver, British Columbia V6C 2B5, Canada
Tel. 604-687-4018
Toll Free 888-353-8166
Fax 604-687-4026

Type: Public
On the web: http://www.eldoradogold.com
Employees: 1,484
Employee growth: 68.4%

While it's not looking for a fabled city or anything, Eldorado Gold does have gold operations in Brazil, China, Greece, and Turkey. The company operates the Kisladag project in Turkey, where it also is in the exploration and development phase at its Efemçukuru property. Its Tanjianshan gold project, in China, commenced production in 2006; it acquired the property with the purchase of Afcan Mining in 2005. The company also owns an almost 20% stake in Australian miner Sino Gold, which has two operating mines in China. Eldorado controls more than 13 million ounces of proved and probable reserves.

Key numbers for fiscal year ending December, 2008:
Sales: $288.2M
One year growth: 52.7%
Net income: $163.7M
Income growth: 362.0%

Officers:
Chairman: Hugh C. Morris
President, CEO, and Director: Paul N. Wright
COO: Norman S. (Norm) Pitcher

Competitors:
Anatolia Minerals
Mediterranean Resources
Zijin Mining

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