Financial Post EN

Eldorado Gold Announces Receipt of the Operating Authorization for the Ormaque Deposit at the Lamaque Complex

Unlocking High-Grade Growth and Enhancing the Lamaque Complex Economics VANCOUVER, British Columbia, March 16, 2026 (GLOBE NEWSWIRE) — Eldorado Gold Corporation (TSX: ELD, NYSE American: EGO) (“Eldorado” or the “Company”) is pleased to announce that it has received from the Ministry of the Environment, the Fight Against Climate Change, Wildlife and Parks (Quebec) (the “Ministry”) […]

Mar 16, 2026 &03051616202631; 11:05 UTC financialpost.com Trending 3/5

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Positive for markets

Sentiment score: +75/100

High impact Medium-term (weeks)

WHAT THIS MEANS

Eldorado Gold has received operating authorization for the Ormaque Deposit at its Lamaque Complex in Quebec, unlocking high-grade growth potential and improving project economics. This regulatory approval removes a key development hurdle and positions the company to advance production expansion at the complex.

AI CONFIDENCE

85% Very high

SENTIMENT GAUGE

NEWS POWER SCORE

AFFECTED ASSETS

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ELD

ELDStock

Expected to rise

Regulatory approval for Ormaque Deposit removes development risk and enables production growth at Lamaque Complex

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EGO

EGOStock

Expected to rise

NYSE American listing benefits from same positive regulatory catalyst and project advancement

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Gold Futures

GC=FCommodity

Expected to rise

Gold mining expansion approval supports positive sentiment for gold commodity prices

PRICE HISTORY

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⚡ SUGGESTED ACTION

Long ELD/EGO positions recommended as the regulatory approval de-risks the Ormaque project and supports medium-term production growth. Monitor for updated resource estimates and development timeline announcements.

KEY SIGNALS

Regulatory approval received from Quebec MinistryHigh-grade deposit authorizationLamaque Complex economics enhancementProduction expansion pathway clearedReduced project development risk

SECTORS INVOLVED

Mining & MetalsGold ProductionNatural Resources

Analysis generated on Mar 16, 2026 at 11:25 UTC

Disclaimer: This analysis is generated by artificial intelligence for informational purposes only and does not constitute financial advice, investment recommendation, or solicitation. Original reporting by Financial Post. Always conduct your own research and consult a qualified financial advisor before making investment decisions.

Eldorado Gold Announces Receipt of the Operating Authorization for the Ormaque Deposit at the Lamaque Complex

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