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Eldorado Gold Reaches First Copper-Gold Concentrate Milestone at Skouries

Mining News  |  2026-09-10 11:49:16

Eldorado noted that the project currently has an ore stockpile exceeding 4.6 million tonnes above reserve grade.

Eldorado Gold Reaches First Copper-Gold Concentrate Milestone at Skouries
Summary
  • First concentrate produced: Eldorado Gold produced its first copper-gold concentrate at Skouries on September 8, 2026, marking a major step as the northern Greece project progresses from construction into operations.
  • Ramp-up supported by substantial ore stockpile: The processing plant is undergoing commissioning and ramp-up following the successful startup of crushing, grinding, flotation and tailings thickening systems. The project has an ore stockpile exceeding 4.6 million tonnes, enough to support more than seven months of processing during ramp-up.
  • Commercial production expected in Q4: Skouries is currently operating with temporary on-site power while its connection to Greece’s national electricity grid is expected this month. Once fully operational, the mine is expected to produce an annual average of approximately 140,000 ounces of gold and 67 million pounds of copper over its mine life.

Eldorado Produces First Copper-Gold Concentrate at Skouries

Eldorado Gold produced first copper-gold concentrate at its Skouries project in northern Greece on September 8, marking a key transition from construction into commissioning and operational ramp-up ahead of planned commercial production in the fourth quarter of 2026.

Key Points

  • First copper-gold concentrate was produced at Skouries on September 8, 2026.
  • Crushing, grinding, flotation and tailings-thickening systems have successfully started up during commissioning.
  • The project has an ore stockpile exceeding 4.6 million tonnes above reserve grade, sufficient for more than seven months of processing and concentrate production during ramp-up.
  • Commercial production is expected to begin in the fourth quarter of 2026.
  • Skouries is expected to average approximately 140,000 ounces of gold and 67 million pounds of copper annually over its mine life.

MONTREAL (Scrap Monster): Eldorado Gold has produced first copper-gold concentrate at the Skouries project in northern Greece, marking a major milestone as the mine 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.

Processing Systems Enter Ramp-Up

The milestone follows the arrival of first ore at the crusher in July and the successful startup of major processing systems, including crushing, grinding, flotation and tailings thickening.

Eldorado said the project currently has an ore stockpile exceeding 4.6 million tonnes above reserve grade. The inventory is sufficient to support more than seven months of processing and concentrate production during the ramp-up period.

Grid Connection and Commercial Production Remain Ahead

The project currently relies on temporary on-site power, with connection to the national electricity grid expected this month.

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.

Eldorado Gold CEO George Burns described first concentrate production as an important turning point for the company and highlighted Skouries' significance to Greece and the wider European mining sector.

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Frequently Asked Questions


  • When did Eldorado Gold produce the first copper-gold concentrate at Skouries?
  • 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.

  • How much ore is available to support the Skouries ramp-up?
  • 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.

  • When is commercial production at Skouries expected to begin?
  • 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.

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