Canada’s Eldorado yearly profit lower on higher costs

By Cecilia Jamasmie

Canadian gold producer Eldorado Gold Corp. (TSX:ELD) (NYSE:EGO) reported Friday a boost in fourth-quarter profit as increased revenue from gold sales and lower income tax expenses were offset by higher operating costs at mines in China.

The Vancouver-based miner said that earnings attributable to shareholders for the three months ended …read more
Source: Mining.com- Gold News