CNBC News reported that shares in El Dorado Gold Corp. (NYSE:EGO) rose on the company’s assertion it would double gold production over five years.
CNBC News reported that shares in El Dorado Gold Corp. (NYSE:EGO) rose on the company’s assertion it would double gold production over five years.
As quoted in the market news:
Eldorado said that it will increase its investment in a number of mining projects to drive up production by 160 percent, to 1.7 million ounces annually, by 2016. The Canadian company outlined plans to invest $1 billion in Greece for new mines.
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| Commodities | |||
|---|---|---|---|
| Gold | 1846.70 | +0.30 | |
| Silver | 21.76 | +0.04 | |
| Copper | 4.30 | +0.03 | |
| Palladium | 1968.65 | +11.53 | |
| Platinum | 957.67 | +3.19 | |
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| Heating Oil | 3.61 | -0.01 | |
| Natural Gas | 8.06 | -0.03 | |
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