Philenews

Hellenic Gold: First Skouries Production Expected by End of March 2026

Published January 21, 2026, 12:25
Hellenic Gold: First Skouries Production Expected by End of March 2026

Eldorado Gold announced that the first copper-gold concentrate production from the Skouries project in Halkidiki is expected by the end of the first quarter of 2026, with commercial production following in mid-2026. The company emphasizes the importance of Greece to its strategy, as projects in Skouries, Olympias, and Perama Evros progress as planned. Progress at Skouries has reached 90%, while the Olympias mill expansion is expected to be completed within the year, increasing production capacity. In Perama Evros, the Environmental Impact Assessment has been submitted, and dialogue with local communities is ongoing. Eldorado CEO George Burns stated that Skouries will generate significant production and cash flows for decades, providing economic benefits to Greece. The company remains focused on the safe and controlled increase of its production in Greece.