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Mining News | 2026-09-10 06:48:48
Eldorado noted that the project currently has an ore stockpile exceeding 4.6 million tonnes above reserve grade.

SEATTLE (Scrap Monster): Eldorado Gold announced first production of copper-gold concentrate at the Skouries project in northern Greece. This marks a major milestone for the mine as it moves from construction toward full-scale operations.
According to a company news release, the first concentrate was produced on September 8, 2026, during ongoing commissioning and ramp-up of the processing facility. The achievement follows the arrival of the first ore at the crusher in July and successful startup of major processing systems, including crushing, grinding, flotation and tailings thickening.
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Eldorado noted that the project currently has an ore stockpile exceeding 4.6 million tonnes above reserve grade. This inventory provides enough material to support more than seven months of processing and concentrate production during the ramp-up period, it added.
The project currently relies on on-site temporary power, with connection to the national electricity grid expected this month. It must be noted that commercial production at Skouries is expected to begin in the fourth quarter of 2026. Over its mine life, Skouries is expected to produce an average of approximately 140,000 ounces of gold and 67 million pounds of copper annually.
George Burns, CEO of Eldorado Gold, described the production of the first concentrate as an important turning point for the company. Furthermore, he highlighted Skouries' significance to Greece and the entire European mining sector.
Eldorado Gold produced the first copper-gold concentrate on September 8, 2026, during the ongoing commissioning and ramp-up of the processing facility. The milestone follows the arrival of the first ore at the crusher in July.
Skouries currently has an ore stockpile exceeding 4.6 million tonnes above reserve grade. According to Eldorado Gold, this inventory provides sufficient material for more than seven months of processing and concentrate production during the ramp-up phase.
Commercial production is expected to start in the fourth quarter of 2026. The project is currently using temporary on-site power, with connection to the national electricity grid expected in September.