Eldorado Gold grows reserves by 5%

Sign at Lamaque complex. Credit: Eldorado Gold Eldorado Gold (TSX: ELD; NYSE: EGO) says it has increased its mineral reserve base in support of a strong production outlook for the coming years. Shares of the company edged higher.The total reserves, as of the end of September, were estimated at 371.7 million tonnes grading 1.05 grams per tonne gold, for approximately 12.5 million oz. of contained gold. The total ounces were 5% higher than the same time last year.The Canadian gold miner attributed the reserve ...