Eldorado Gold Forms Alliance with G Mining for Sigma Mill and Skouries Upgrades
Eldorado Gold signed a memorandum of understanding with G Mining Services to back engineering and construction for the Lamaque Complex Sigma Mill expansion, Skouries mill startup ramp-up, Olympias filtration upgrade, and McIlvenna Bay throughput studies. The alliance aims to enhance project readiness, delivery certainty and capital efficiency across Eldorado’s growth projects.
1. Memorandum of Understanding Signed
On March 25, 2026, Eldorado Gold and G Mining Services executed a memorandum of understanding to establish a preferred engineering and construction partnership for Eldorado’s development portfolio.
2. Scope of Engineering and Construction Work
Under the agreement, G Mining will provide early project definition, detailed engineering support, constructability reviews and planning for Perama Hill, the Lamaque Complex Sigma Mill expansion, Skouries mill start-up and ramp-up, Olympias mill filtration modernization and facility upgrades, and McIlvenna Bay throughput optimization studies.
3. Expected Strategic Outcomes
The alliance is designed to strengthen project readiness, delivery certainty and capital efficiency by leveraging G Mining’s integrated execution model, supporting Eldorado’s objective to de-risk growth projects and maximize cash flow per share.