Eldorado Cuts 2011 Gold Production Outlook

Forbes reported that construction delays could cause a drop in profits for Eldorado Gold Corp. (TSX:ELD).

As quoted in the market news:

The company said the production delays come as it continues to build a processing facility in Heilongjiang Province, China. Because of work delays from an early winter, Eldorado said it doesn’t expect gold production from the facility until the third quarter of 2012.

Click here to read the full Forbes report.