Eldorado Gold names new chair, reports Q2 results and renews share buyback

Eldorado Gold board transition Dan Myerson Patrick Godin normal course issuer bid

Eldorado Gold Corp. announced a board leadership transition effective July 30, 2026. Long‑time chair Steven Reid stepped down after 13 years of service, and the board appointed Dan Myerson as the new chair and Patrick Godin as lead independent director. CEO George Burns thanked Reid for his strategic guidance during the company’s growth, including the Skouries and McIlvenna Bay projects.

The company also released its second‑quarter 2026 financial and operational results. Gold production reached 104,616 ounces, with sales of 102,691 ounces at an average realized price of US$4,379 per ounce. Total cash costs were US$1,432 per ounce and all‑in sustaining costs US$1,926 per ounce. Revenue totaled US$487.5 million, net earnings were US$172.8 million (US$0.69 per share), and cash and cash equivalents stood at US$554.6 million as of June 30, 2026.

In addition, Eldorado received Toronto Stock Exchange approval to renew its normal‑course issuer bid. The renewed bid, running from August 5, 2026 to July 31, 2027, permits the company to purchase up to 13,065,993 common shares—approximately 5% of its outstanding shares—subject to daily purchase limits of 194,581 shares on the TSX.

Entities

Dan Myerson · Eldorado Gold Corporation · George Burns · Patrick Godin · Steven Reid

Claims

What the coverage asserts, and how many sources carry each claim.

[○ 1 SOURCE] Eldorado Gold reported Q2 2026 gold sales of 102,691 ounces at an average realized price of $4,379 per ounce.
[○ 1 SOURCE] Q2 2026 cash costs were $1,432 per ounce and all‑in sustaining costs were $1,926 per ounce.
[○ 1 SOURCE] Eldorado Gold received TSX approval to renew its normal‑course issuer bid, allowing purchase of up to 13,065,993 common shares (about 5 % of outstanding) between August 5 2026 and July 31 2027. www.globenewswire.com
[● 2 SOURCES] Dan Myerson was appointed chair of the board effective July 30, 2026. www.globenewswire.com
[○ 1 SOURCE] Q2 2026 net earnings attributable to shareholders were $172.8 million ($0.69 per share).
[○ 1 SOURCE] Eldorado Gold reported Q2 2026 gold production of 104,616 ounces.
[● 2 SOURCES] Steven Reid stepped down as chair and from the board on July 30, 2026 after 13 years as a director. www.globenewswire.com
[● 2 SOURCES] Patrick Godin was appointed lead independent director effective July 30, 2026. www.globenewswire.com
[● 2 SOURCES] Steven Reid stepped down as chair and board member after 13 years of service, effective July 30, 2026. www.globenewswire.com
[○ 1 SOURCE] Eldorado Gold's total cash costs in Q2 2026 were $1,432 per ounce and all‑in sustaining costs were $1,926 per ounce.
[○ 1 SOURCE] Eldorado Gold produced 104,616 ounces of gold and sold 102,691 ounces in Q2 2026 at an average realized price of $4,379 per ounce.
[● 2 SOURCES] Patrick Godin was appointed lead independent director of Eldorado Gold Corp. effective July 30, 2026. www.globenewswire.com

Sources

Eldorado Gold Announces Board Leadership Transition [www.globenewswire.com]

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Eldorado Gold: Ισχυρά αποτελέσματα στο β' τρίμηνο 2026 - Ορόσημο το έργο στις Σκουριές - Mononews. gr [www.mononews.gr]

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Eldorado Gold Announces Renewal of Normal Course Issuer Bid [www.globenewswire.com]

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