Eldorado Gold (TSX:ELD) Is Down 8.4% After Securing Grid Power At Skouries Mine In Greece

Eldorado Gold Corporation reported that its Skouries mine in northern Greece has been successfully energized, following completion and approval of a permanent connection to the Greek national power grid, securing a long-term electricity supply for ongoing processing and mining activities as the project advances toward expected commercial production in the fourth quarter of 2026. This grid connection materially reduces a key infrastructure risk for Skouries and clarifies the path toward bringing its planned gold and copper output into Eldorado's broader production mix. We'll now examine how securing permanent grid power at Skouries could reshape Eldorado Gold's investment narrative and longer-term operating profile.