Eldorado is an international gold producer with 4 operating mines, 2 mines under construction, a late-stage development project and a US$35 million exploration program in 2010. We are based in Vancouver, Canada and operate in China, Turkey, Brazil, Greece and surrounding regions. In 2010 we are forecasting production of 575,000 to 625,000 ounces of gold at a cash operating cost of $375 to $395 per ounce. Eldorado is one of the lowest cost pure gold producers, with new mines, robust margins and a strong balance sheet.
We operate the Kisladag gold mine in Turkey; the Jinfeng gold mine, Tanjianshan gold mine and White Mountain gold mine in China. We are constructing the Efemçukuru mine in Turkey and the Eastern Dragon mine in China. Eldorado is developing the Perama Hill project in Greece and is exploring in Brazil, China, Turkey and Nevada in the United States.
As of December 31, 2009, Eldorado has 15.1 million ounces of proven and probable gold reserves and 21.3 million ounces of measured and indicated gold resources.
On May 6, 2010 the Eldorado Gold Board of Directors declared an annual eligible dividend of CDN$0.05 per common share on June 18, 2010 (Vancouver time) to the holders of the Company's outstanding common shares (held directly or indirectly through CHESS Depositary Interests), as of the close of business on the record date of June 4, 2010 (Vancouver time).
Eldorado is listed on the Toronto Stock Exchange (TSX: ELD), the New York Stock Exchange (NYSE: EGO) and the Australian Securities Exchange (ASX: EAU). Eldorado is part of the S&P/TSX 60 Index, S&P/TSX Global Gold Index and Amex Gold BUGS Index.
With our international expertise in mining, finance, project development and exploration, Eldorado is on track to continue its disciplined growth to produce approximately 1 million ounces of gold by 2013.
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