Episode Details

In this episode, we chat with Paul Ferneyhough, Executive Vice President & Chief Financial Officer at Eldorado Gold Corporation, a listed gold and base metals producer with mining, development and exploration operations in Türkiye, Canada and Greece. 

As a qualified chartered accountant with a degree in Physics, Paul has over 20 years in the resources sector specialising in finance, investor relations, strategy, commercial, planning, and business performance management. He gives us an overview of Eldorado Gold, an update on their projects, how they work with Indigenous communities, how they prioritise sustainability and responsible mining, financial strategy, and what we can learn from the oil & gas industry.

Paul will be attending the Resourcing Tomorrow Event (3-5 December, London) which is Europe's largest mining event, designed to foster innovation, drive collaboration, and accelerate growth in the mining industry. Use code DIGDEEP10 for a 10% discount on Delegate Passes when you register here: https://hubs.ly/Q02WXjzd0 

KEY TAKEAWAYS

• Eldorado Gold is a growing precious metals miner with operations in Canada, Turkey, and Greece. The company is focused on increasing production, with significant projects like the Skouries mine expected to boost production by 40% over the next two years.
• Eldorado Gold prioritises sustainability through its Sustainability Integrated Management System (SIMS), ensuring compliance with environmental and social obligations. The company is committed to using advanced practices, such as dry stack tailings, to minimise environmental impact.
• The company emphasises building strong relationships with local communities in its operating regions. This includes investing in education, healthcare, and local employment, as well as addressing community concerns about environmental impacts.
• Eldorado successfully secured financing for the Skouries project through partnerships with Greek banks and the European Bank for Reconstruction and Development. This collaboration highlights the importance of aligning financial strategies with local and regional development goals.

BEST MOMENTS

"I think it really was a very important part of the experience and the leadership that I now bring into the mining sector." 

"We want to be operating in places where people want us."

"Sustainability is at the heart of everything we do." 

"We prefer to employ local people as much as we can, especially in our operating assets."

"If an opportunity comes up, grab it with both hands, see what happens, take a chance because it can completely change your life."

VALUABLE RESOURCES

Mail:        rob@mining-international.org

LinkedIn: https://www.linkedin.com/in/rob-tyson-3a26a68/

X:              https://twitter.com/MiningRobTyson 
YouTube: https://www.youtube.com/c/DigDeepTheMiningPodcast 

Web:        http://www.mining-international.org

Website: https://www.eldoradogold.com/

Eldorado Gold on LinkedIn: https://www.linkedin.com/company/eldorado-gold-corporation
Eldorado Gold on X: https://www.twitter.com/Eldorado_Gold

Paul on LinkedIn: https://www.linkedin.com/in/paul-ferneyhough/

ABOUT THE HOST

Rob Tyson is the Founder and Director of Mining International Ltd,