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Sowei 2025-01-13
India and Kuwait on Sunday elevated their ties to a strategic partnership, inked a key pact on boosting defence cooperation and vowed to soon finalise an ambitious investment treaty as Prime Minister Narendra Modi held extensive talks with Emir Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah and other top leaders of the Gulf nation to broad-base the bilateral relations. India and Kuwait on Sunday elevated their ties to a strategic partnership, inked a key pact on boosting defence cooperation and vowed to soon finalise an ambitious investment treaty as Prime Minister Narendra Modi held extensive talks with Emir Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah and other top leaders of the Gulf nation to broad-base the bilateral relations. The two sides also discussed ways to transform the existing 'buyer-seller' relationship in the energy sector to a comprehensive engagement with greater collaboration in upstream and downstream sectors and agreed to explore the participation of Kuwait in India's strategic petroleum reserve programme. Besides the Emir, Modi held separate talks with Kuwaiti Prime Minister Ahmad Abdullah Al-Ahmad Al-Sabah and Crown Prince Sabah Al-Khaled Al-Hamad Al-Mubarak Al-Sabah with a larger focus on imparting a new momentum to the overall ties. "This visit was historic and will greatly enhance our bilateral relations," Modi said on 'X' at the end of his two-day trip. In a special gesture, the Kuwaiti prime minister came to see off Modi at the airport. According to a joint statement, both sides directed each other's concerned authorities to "fast-track and complete the ongoing negotiations on the bilateral investment treaty". To ramp up energy cooperation, the two sides expressed keenness to support companies of the two countries to increase cooperation in the fields of exploration and production of oil and gas, refining and engineering services and petrochemical industries, it added. A total of four agreements, including the Memorandum of Understanding (MoU) on defence, were inked. The other pacts will provide for cooperation in areas of sports, culture and solar energy. The MoU on defence will provide for cooperation in the areas of defence industries, supply of defence equipment, joint exercises, training, exchange of personnel and experts and collaboration in research and development, Arun Kumar Chatterjee, Secretary (Overseas Indian Affairs) in the Ministry of External Affairs (MEA), said at a media briefing. The defence pact will facilitate cooperation in coastal defence, maritime safety and joint development and production of defence equipment, the joint statement noted. In the talks, the two sides unequivocally condemned terrorism in all its forms, including cross-border terrorism, and called for disrupting of terrorism financing networks and safe havens, it said. Both sides also agreed to enhance counter-terror cooperation, information and intelligence sharing and exchange best practices and technologies. In their delegation-level talks, the two prime ministers discussed a roadmap to strengthen the strategic partnership in areas of trade, investment, energy, defence, security, health, education, technology, cultural and people-to-people ties, according to the MEA. In a post on 'X', Modi described his talks with the Kuwaiti counterpart as "fruitful". "Our talks covered the full range of India-Kuwait relations, including trade, commerce, people-to-people ties and more. Key MoUs and Agreements were also exchanged, which will add strength to bilateral relations," he said. The Indian prime minister also invited a delegation comprising the Kuwaiti Investment Authority and other stakeholders to visit India to look at new opportunities in the fields of energy, defence, medical devices, pharma and food parks, among others. In the meetings, the Indian side also showed keen interest in intensifying its cooperation with the Gulf Cooperation Council (GCC) through Kuwait's presidency of the influential grouping. In their discussions, Modi and the Emir largely deliberated on boosting ties in areas of information technology, pharmaceuticals, fintech, infrastructure and security. Modi thanked the Emir for ensuring the well-being of over one million Indians in Kuwait, while the Kuwaiti leader expressed appreciation for the contribution of the community in the development journey of the Gulf nation. "Excellent meeting with His Highness the Amir of Kuwait, Sheikh Meshal Al-Ahmad Al-Jaber Al Sabah. We discussed cooperation in key sectors like pharmaceuticals, IT, FinTech, Infrastructure and security," Modi said in another post on 'X'. "In line with the close ties between our nations, we have elevated our partnership to a strategic one and I am optimistic that our friendship will flourish even more in the times to come," he added. Chatterjee said the Indian side is confident that "this historic visit of the prime minister will open up a new chapter in relations between India and Kuwait." Both sides have been able to identify several important areas of cooperation and the two sides will be working to fulfil them, he said. In the meeting with Crown Prince Al-Mubarak Al-Sabah, Modi conveyed that India attaches utmost importance to its bilateral relations with Kuwait. "The discussions covered ways to deepen economic and cultural linkages between our nations. We are extremely optimistic about the India-Kuwait Strategic Partnership scaling new heights of success in the times to come," Modi said. The MEA said the two leaders also emphasised close coordination between both sides in the UN and other multilateral fora. "The prime minister expressed confidence that India-GCC relations will be further strengthened under the Presidency of Kuwait," it said. The Crown Prince hosted a banquet in honour of Modi. In their delegation-level talks, the two prime ministers welcomed the recent signing of the Joint Commission for Cooperation (JCC). Under the JCC, new joint working groups in the areas of trade, investment, education, technology, agriculture, security and culture have been set up in addition to the existing JWGs on health, manpower and hydrocarbons. The MoUs included one on a cultural exchange programme and another on an 'executive programme on cooperation in the field of sports. The fourth one is a framework agreement on Kuwait joining the International Solar Alliance. Earlier in the day, Modi was given a ceremonial welcome at the Bayan Palace and was received by the Kuwaiti PM. External Affairs Ministry spokesperson Randhir Jaiswal said the talks between the prime minister and the Emir focused on exploring ways to take India-Kuwait ties to "new heights". In their discussions, Modi and the Kuwaiti Emir recalled the strong historical and friendly ties between the two countries and reaffirmed their full commitment to further expanding and deepening bilateral cooperation. The MEA said Modi appreciated the new initiatives being undertaken by Kuwait to fulfill its 'Vision 2035' and congratulated the Emir for successfully holding the summit of the Gulf Cooperation Council (GCC) earlier this month. The GCC is an influential grouping comprising the United Arab Emirates, Bahrain, Saudi Arabia, Oman, Qatar and Kuwait. The total volume of India's trade with GCC countries stood at USD 184.46 billion in the financial year 2022-23. Modi also expressed his gratitude for inviting him on Saturday as a 'Guest of Honour' at the opening ceremony of the Arabian Gulf Cup. The Emir reciprocated Modi's sentiments and expressed appreciation for India's role as a valued partner in Kuwait and the Gulf region, the MEA said in a statement. It said the Kuwaiti leader looked forward to the greater role and contribution of India towards the realisation of Kuwait's 'Vision 2035'. Modi invited the Emir, the Crown Prince and the Kuwaiti PM to visit India. The Gulf nation is among India's top trading partners, with bilateral trade valued at USD 10.47 billion in the financial year 2023-24. Kuwait is India's sixth largest crude supplier, meeting 3 per cent of the country's energy needs. Indian exports to Kuwait reached USD 2 billion for the first time, while investments by the Kuwait Investment Authority in India exceeded USD 10 billion. The last Indian prime minister to visit Kuwait was Indira Gandhi in 1981. The Indian community is the largest expatriate community in Kuwait. Stay informed on all the latest news , real-time breaking news updates, and follow all the important headlines in india news and world News on Zee News.movies about sports



C.J. Leary is set to pull double, full-season duty for Team AZ Racing on multiple USAC trails throughout 2025. Leary, the 2019 USAC National Sprint Car champion, will compete on the 50-race USAC AMSOIL Sprint Car National Championship docket with Team AZ in partnership with Curb-Agajanian. He also will take on the 13-race USAC Silver Crown slate with Team AZ in association with Jerry Petty of Avanti Windows & Doors. “It just makes sense having everything under one roof,” Leary said. “When (car owner) Mike (Burkhart) originally called me, he just wanted to do the Silver Crown thing, and I was calling him to want to do the sprint car. I think we found a way to make both work, but he was worried about being good at both and not taking away from either program. It’s a lot of work doing both series with one group of guys. I think it’s really good to get that chemistry once they figure out what I like.” Toward the end of the 2024 campaign, Leary had an opportunity to make his first two USAC CRA Sprint Car starts for Team AZ/Curb-Agajanian Racing during the Western World Championships at Arizona’s Mohave Valley Raceway, finishing fourth and third across the two nights. “Getting our feet wet was super beneficial to get those trial runs out of the way before we roll into Florida where it’s a national points race,” Leary explained. “I don’t feel like we’d have any time to learn each other (in Florida). In Arizona, it was low pressure, and I’ve been friends with the 21AZ guys for four or five years, but we’ve never raced together. There’s a little bit of a learning curve there, and I think it went really smoothly those two nights out there.” The process of it was discovering what works and what doesn’t work between the driver’s seat and the wrenches, all while figuring out how to work together, communicate and become a team. “We learned that I don’t like the same things Daison [Pursley] likes,” Leary revealed. “But we have the same engine builder I’ve been using and the same cars. It should be an easy jell coming together. The big thing is having a full circle and surrounding myself with good people is really important. We’ve got good guys working on the cars and good guys sponsoring the car, so hopefully, it’s going to be a powerhouse team.” Team AZ Racing, meanwhile, has captured six career USAC National Sprint Car wins, four with Jake Swanson between 2021-2023, and two more in 2024 with Daison Pursley at the wheel. Pursley’s late-race heroics also provided Team AZ its first ever Silver Crown victory in June of 2024 at Pennsylvania’s Port Royal Speedway. Leary is one of the sport’s premier drivers, amassing 23 career USAC National Sprint Car feature wins and 55 fast qualifying times. With the Silver Crown series, Leary has compiled three career wins and seven pole positions. Now Leary is ready get rolling into it, back to championship form. “When we start racing, I think it’s going to be really good,” Leary foretold. “I’ve driven for some good guys, but I haven’t had a full team where we have a tire guy and a crew chief besides myself and where I don’t drive the truck and trailer. Now I get to focus a little bit more on driving. That’s going to be super helpful to me, where I can take some of the weight off my shoulders and just drive.” The quest for a USAC National Sprint Car championship begins in February 2025 with six consecutive events in Florida during Winter Dirt Games. Both Leary and Team AZ have enjoyed victory in recent years during the Sunshine State tour. Leary won in both 2019 and 2024 at Ocala Speedway while Team AZ scored at Volusia Speedway Park with Jake Swanson in 2023. The 2025 USAC Silver Crown season begins at Indiana’s Terre Haute Action Track for the 21st running of the Sumar Classic. Leary’s first career USAC national victory of any kind came during the 2016 edition of the Sumar. Leary will be behind the wheel of the Curb Records/Apache Transport OakCraft Elegant Cabinetry No. 21AZ Sprint Car powered by 1 Way Technologies between the frame rails of a DRC chassis on both dirt as well as the first ever DRC pavement chassis. The Avanti Windows & Doors, Apache Transport, OakCraft Elegant Cabinetry No. 21 Silver Crown car driven by Leary will feature Stanton Racing Engines power under the hood of their DRC chassis.Patna (Bihar) [India], December 21 (ANI): Memorandum of understanding (MoU) of around Rs 1.81 lakh crore across 11 sectors were signed during the Bihar Business Connect 2024, state Chief Secretary Amrit Lal Meena said on Saturday and noted that state government is encouraging investment through various steps aimed at ease of doing business. In an interview with ANI, Meena said that investors have shown positive response and there has been a substantial increase in MoUs signed compared to last year. “Under the leadership of the CM, Bihar Business Connect 2024 was organised on December 19 and 20. Investors from the country have shown a positive response. With more than 400 investors, MoUs worth Rs. 1,81,000 crore were signed, covering 11 sectors in which the renewable energy sector is the prime focus,” he said. He stated that the renewable energy sector received maximum response and there are significant investment opportunities in sectors like food processing, textiles, information technology, logistics and plastics. Referring to the Business Connect in 2023, he said MoUs of about Rs 53,000 crore were signed and in about half of them, steps have been taken for implementation. He said MoUs signed this year will also facilitate people and its implementation will be visible in the coming days. Meena said the state has established a State Investment Promotion Board that goes through proposals every week. He also said the state has created a single-window clearance system for the facilitation of the investors and there is a project monitoring system. He said officials, who are involved in giving clearances, have been urged to encourage investment proposals so that the state gets more investment and more employment opportunities are created He said a lot of skilled people came back to the state during COVID-19 and the state government facilitated them. Many people were from the textile sector in different parts of the country and were provided working facilities and they established new textile units. He said that inspired by this, the state government created 24 lakh square feet of “play and plug” infrastructure in 2022-23 and 17 lakh square feet was allocated to 135 units. Meena said the “plug and play” infrastructure is greatly helping IT, textile sector and food processing sectors as at a rate of Rs per 4 to 6 per square foot per month lease rate – infrastructure facilities have been made available for very low charges. The small and medium-scale investors have got this readymade space available which has water, electricity and connectivity and all these are located in industrial areas, he noted. Big investments have taken place in IT, the textile sector, food processing and the state government is working towards land availability and facilities under plug and play initiative. He said the investment projects are seen not only as that of the Industry Department but of “Bihar as a unit” and all departments concerning investment opportunities hold joint meetings. Meena said industrialists and investors have been informed of sector-specific and umbrella policies and suggestions received have also been incorporated into the policies. He said the state government is open to suggestions from investors to get more investment. Meena said the state has witnessed a lot of change in the last 15-20 years. “In Bihar, the Ganga River had just four bridges before 2005, now the number has reached 14. The connectivity challenge that was there earlier has now been resolved and it is benefitting every sector,” he stated. The Bihar Business Connect 2024 connected industry leaders, government officials, and experts to foster partnerships and collaborations. During the two-day summit, the leaders engaged in meaningful discussions and knowledge-sharing sessions with industry leaders to explore investment opportunities in Bihar. (ANI) This report is auto-generated from ANI news service. 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Investors with a lot of money to spend have taken a bullish stance on Amgen AMGN . And retail traders should know. We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga. Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with AMGN, it often means somebody knows something is about to happen. So how do we know what these investors just did? Today, Benzinga 's options scanner spotted 11 uncommon options trades for Amgen. This isn't normal. The overall sentiment of these big-money traders is split between 45% bullish and 36%, bearish. Out of all of the special options we uncovered, 6 are puts, for a total amount of $372,685, and 5 are calls, for a total amount of $171,796. What's The Price Target? After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $220.0 and $282.5 for Amgen, spanning the last three months. Insights into Volume & Open Interest Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Amgen's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Amgen's substantial trades, within a strike price spectrum from $220.0 to $282.5 over the preceding 30 days. Amgen Call and Put Volume: 30-Day Overview Significant Options Trades Detected: Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume AMGN PUT SWEEP BULLISH 12/20/24 $4.05 $3.85 $3.85 $270.00 $152.0K 1.3K 822 AMGN PUT SWEEP BULLISH 12/20/24 $4.3 $3.95 $3.95 $270.00 $54.9K 1.3K 148 AMGN PUT SWEEP NEUTRAL 12/20/24 $3.1 $2.86 $2.98 $267.50 $50.4K 625 170 AMGN PUT SWEEP NEUTRAL 12/20/24 $3.75 $2.69 $2.94 $267.50 $45.0K 625 180 AMGN PUT SWEEP BULLISH 12/20/24 $4.25 $3.85 $3.85 $270.00 $43.8K 1.3K 427 About Amgen Amgen is a leader in biotechnology-based human therapeutics. Flagship drugs include red blood cell boosters Epogen and Aranesp, immune system boosters Neupogen and Neulasta, and Enbrel and Otezla for inflammatory diseases. Amgen introduced its first cancer therapeutic, Vectibix, in 2006 and markets bone-strengthening drug Prolia/Xgeva (approved 2010) and Evenity (2019). The acquisition of Onyx bolstered the firm's therapeutic oncology portfolio with Kyprolis. Recent launches include Repatha (cholesterol-lowering), Aimovig (migraine), Lumakras (lung cancer), and Tezspire (asthma). The 2023 Horizon acquisition brings several rare-disease drugs, including thyroid eye disease drug Tepezza. Amgen also has a growing biosimilar portfolio. Following our analysis of the options activities associated with Amgen, we pivot to a closer look at the company's own performance. Amgen's Current Market Status Currently trading with a volume of 1,698,248, the AMGN's price is down by -0.17%, now at $272.95. RSI readings suggest the stock is currently may be approaching oversold. Anticipated earnings release is in 54 days. Unusual Options Activity Detected: Smart Money on the Move Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access . Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely. If you want to stay updated on the latest options trades for Amgen, Benzinga Pro gives you real-time options trades alerts. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.VANCOUVER, British Columbia, Dec. 11, 2024 (GLOBE NEWSWIRE) -- Eldorado Gold Corporation (“Eldorado” or “the Company”) today releases its updated Mineral Reserve and Mineral Resource (“MRMR”) estimates as of September 30, 2024. “Our updated Mineral Reserves estimate provides a solid foundation and underpins our production profile over the next decade and beyond,” said George Burns, President and CEO. “We were pleased to increase our Mineral Reserves by approximately 2% overall, driven by increases at the Lamaque Complex and Efemcukuru that extends Reserve mine life significantly and complements our already long mine life assets at Skouries, Kisladag and Olympias. The Lamaque Complex Mineral Reserve increased by 45%, driven primarily by the declaration of an Inaugural Mineral Reserve at Ormaque of 619 thousand ounces. This follows a solid track record of successfully replacing Mineral Reserves since acquiring the asset in 2017 and sets up the Lamaque Complex for the long-term with two underground mines with significant Inferred Mineral Resource conversion potential and exploration upside.” “In addition, at Efemcukuru, we increased Mineral Reserves by 23% resulting in an extension to the mine life by an additional two years to an updated life of mine of eight years. Efemcukuru has been a reliable producer since 2011, and our team remains committed to exploring opportunities to extend mine life further. During 2025, our focus will continue to be on extending the mine life at our existing operations and testing near-mine exploration targets, while seeking a discovery from our highly prospective portfolio of early stage exploration targets in Canada and Turkiye.” Mineral Reserves Update The Company’s Proven and Probable gold Mineral Reserves totalled 11.9 million ounces as of September 30, 2024, an increase of approximately 2% from the previous MRMR statement from September 30, 2023. The complete MRMR table and notes can be found at the end of this release. (1) The Company’s total MRMR excludes Mineral Reserves at its non-core Romanian asset (Certej). As disclosed in the Q3 2024 Managements Discussion & Analysis, the Certej project has been presented as a disposal group held for sale as at September 30, 2024 and as a discontinued operation for the three and nine months ended September 30, 2024. On October 7, 2024, the Company entered into a share purchase agreement to sell the Certej project. The closing of the disposition is subject to certain conditions. (2) Depletion declared here are in-situ ounces. Depletion includes the 12-month period of October 1, 2023, through September 30, 2024. Excluding depletion, the increase in Mineral Reserves is primarily attributable to additions at Kokarpinar South at Efemcukuru as well as an inaugural Mineral Reserve estimate for the Ormaque deposit within the Lamaque Complex. The following table summarizes the period-over-period changes to the Company’s Mineral Reserves: NOTE: Totals may not sum due to rounding. (1) The Company reports its MRMR as of September 30, 2024. As such, the change year over year is from October 1, 2023 to September 30, 2024. Mineral Resources Update Eldorado’s Measured and Indicated Mineral Resources (“M&I Mineral Resources”) totalled 22.0 million ounces gold, as of September 30, 2024. The Company successfully converted Inferred Mineral Resources to M&I Mineral Resources at Ormaque, within the Lamaque Complex, and at Efemcukuru. The total is offset by depletion at the other operating mines. This resulted in a 3% decrease from the previous MRMR statement from September 30th, 2023. Eldorado’s Inferred Mineral Resources totalled 6.8 million ounces as of September 30, 2024, a 10% decrease from the previous MRMR statement. Detailed MRMR disclosure tables are included at the end of this news release. The following table summarizes the period-over-period changes to the Company’s Mineral Resources: NOTE: Totals may not sum due to rounding. (1) Mineral Resources are inclusive of Mineral Reserves. (2) The Company Reports on its MRMR as of September 30, 2024. As such, the change year over year is from October 1, 2023 to September 30, 2024. (3) As disclosed in the Q3 2024 Managements Discussion & Analysis, the Certej project has been presented as a disposal group held for sale as at September 30, 2024 and as a discontinued operation for the three and nine months ended September 30, 2024. On October 7, 2024, the Company entered into a share purchase agreement to sell the Certej project. The closing of the disposition is subject to certain conditions. 2025 Reporting Schedule The Company intends to report, and host a conference call led by senior management, as set out in the table below. The Company reserves the right to amend the schedule in its discretion and will inform the market of any changes in schedule. About Eldorado Eldorado is a gold and base metals producer with mining, development and exploration operations in Turkiye, Canada and Greece. The Company has a highly skilled and dedicated workforce, safe and responsible operations, a portfolio of high-quality assets, and long-term partnerships with local communities. Eldorado's common shares trade on the Toronto Stock Exchange (TSX: ELD) and the New York Stock Exchange (NYSE: EGO). Contact Investor Relations Lynette Gould, VP, Investor Relations, Communications & External Affairs 647 271 2827 or 1 888 353 8166 lynette.gould@eldoradogold.com Media Chad Pederson, Director, Communications and Public Affairs 236 885 6251 or 1 888 353 8166 chad.pederson@eldoradogold.com Notes: (1) Resource grades are reported undiluted, however resources are assessed for reasonable expectation of economic extraction by applying expected minimum mining shapes. (2) As disclosed in the Q3 2024 Managements Discussion & Analysis, the Certej project has been presented as a disposal group held for sale as at September 30, 2024 and as a discontinued operation for the three and nine months ended September 30, 2024. On October 7, 2024, the Company entered into a share purchase agreement to sell the Certej project. The closing of the disposition is subject to certain conditions. (3) Mineralized shapes based on RPEEE identified based on 2.5 g/t Au COG; within shapes material below incremental COG of 1.0 g/t have been excluded; grades are diluted by must-take material between 1.0 and 2.5 g/t Au. (4) Due to narrow veins, continued conversion of Resources to Reserves at Ormaque will reflect expected lower grades to fully represent mining modifying factors. Notes: (1) Resource grades are reported undiluted, however resources are assessed for reasonable expectation of economic extraction by applying expected minimum mining shapes. (2) As disclosed in the Q3 2024 Managements Discussion & Analysis, the Certej project has been presented as a disposal group held for sale as at September 30, 2024 and as a discontinued operation for the three and nine months ended September 30, 2024. On October 7, 2024, the Company entered into a share purchase agreement to sell the Certej project. The closing of the disposition is subject to certain conditions. (3) Due to narrow veins, any future potential conversion of Resources to Reserves at Ormaque will reflect expected lower grades to fully represent mining modifying factors. ADVISORIES AND DETAILED NOTES ON MINERAL RESERVES AND RESOURCES General Mineral Reserves and Mineral Resources are as of September 30, 2024 The Mineral Reserves and Mineral Resources were classified using logic consistent with the CIM Definition Standards for Mineral Resources & Mineral Reserves (2014) incorporated, by reference, into National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”). Sample preparation, analytical techniques, laboratories used, and quality assurance and quality control protocols used during exploration drilling programs are done consistent with industry standards and independent certified assay labs are used. Mineral Reserves are included in the Mineral Resources. The Mineral Reserves and Mineral Resources are disclosed on a total project basis. Measured and Indicated Mineral Resources which are not Mineral Reserves, do not have demonstrated economic viability. With respect to “Inferred Mineral Resources”, there is a great amount of uncertainty as to their existence and uncertainty as to their economic and legal feasibility. It cannot be assumed that all or any part of a “Measured Mineral Resource”, “Indicated Mineral Resource” or “Inferred Mineral Resource” will ever be upgraded to a higher category. Additional information on the Kisladag, Efemcukuru, Olympias, Skouries and Lamaque mineral properties mentioned in this news release (all of which are considered to be material mineral properties to the Company) are contained in Eldorado’s annual information form for the year ended December 31, 2023 and the following technical reports for each of those properties, all of which are available under the Company's profile at www.sedarplus.com and www.sec.gov : Qualified Persons Simon Hille, FAusIMM, Executive Vice President, Operations and Technical Services, is the “qualified person” under NI 43-101 responsible for preparing and supervising the preparation of the scientific or technical information contained in this news release and verifying the technical data disclosed in this document relating to our operating mines and development projects, unless otherwise noted. Additional qualified persons have approved disclosures for specific properties as detailed in “Mineral Reserve Notes” and “Mineral Resource Notes” below. Jessy Thelland, géo (OGQ No. 758)., Director Technical Services Lamaque, a member in good standing of the Ordre des Géologues du Québec, is the qualified person as defined in NI 43-101 responsible for, and has verified and approved, the scientific and technical disclosure contained in this news release for the Quebec projects. Cautionary Note to US Investors Concerning Estimates of Measured, Indicated and Inferred Resources There are differences between the standards and terms used for reporting mineral reserves and resources in Canada, and in the United States pursuant to the United States Securities and Exchange Commission’s (the “SEC”). The terms Mineral Resource, Measured Mineral Resource, Indicated Mineral Resource and Inferred Mineral Resource are defined by the Canadian Institute of Mining, Metallurgy and Petroleum (CIM) and the CIM Definition Standards on Mineral Reserves and Mineral Resources adopted by the CIM Council, and must be disclosed according to Canadian securities regulations. These standards differ from the requirements of the SEC applicable to domestic United States reporting companies. Accordingly, information contained in this news release with respect to mineral deposits may not be comparable to similar information made public by United States companies subject to the SEC’s reporting and disclosure requirements. Mineral Reserve Notes Eldorado reports Mineral Reserves in accordance with CIM Definition Standards. Mineral Reserves for the operating sites (Efemcukuru, Kisladag, Olympias, and within the Lamaque Complex – Ormaque and Triangle) were determined using a long-term gold price of $1,450/oz while Mineral Reserves for the Skouries and Perama Hill projects were determined based on a $1,300/oz gold price. A reserve test is undertaken every year to confirm future undiscounted cash flow from reserve mine plan is positive. Qualified Persons The following persons, all of whom are qualified persons under NI 43-101, have approved the disclosure related to the Mineral Reserves for the projects noted below contained within this release: Mineral Resource Notes Eldorado reports Mineral Resources in accordance with CIM Definition Standards. All Mineral Resources are assessed for reasonable prospects for eventual economic extraction (RPEEE). The Resource cut-off grades or values (e.g. gold equivalent) are determined using a long-term gold price ($1,800/oz) and modifying factors derived in the resource to reserve conversion process (or by comparison to similar projects for our resource-only properties). These values are then used to create constraining volumes that provide limits to the reported Resources. Resource grades are reported undiluted from within the constraining volumes that satisfy RPEEE. At Efemcukuru, mineralized shapes based on RPEEE identified based on 2.5 g/t Au COG; within shapes material below incremental COG of 1.0 g/t have been excluded; grades are diluted by must-take material between 1.0 and 2.5 g/t Au. Due to the presence of narrow veins, any future potential conversion of Resources to Reserves at Ormaque will reflect expected lower grades to fully represent modifying factors associated with mining. Open Pit Resources used pit shells created with the long-term gold price to constrain reportable model blocks. Underground Resources were constrained by volumes whose design was guided by a combination of the reporting cut-off grade or value, contiguous areas of mineralization and mineability. Eldorado’s Mineral Resources are inclusive of Reserves. Mineral Resource Reporting and demonstration of Reasonable Prospects for Eventual Economic Extraction: The Mineral Resources used a long term look gold metal price of $1,800/oz for the determination of resource cut-off grades or values. This guided execution of the next step where constraining surfaces or volumes were created to control resource reporting. Open pit-only projects (Kisladag, Perama Hill, Perama South, and Certej) used pit shells created with the long-term gold price to constrain reportable model blocks. Underground Resources were constrained by 3D volumes whose design was guided by the reporting cut-off grade or value, contiguous areas of mineralization and mineability. Only material internal to these volumes were eligible for reporting. Projects with both open pit and underground Resources have the open pit Resources constrained by either the permit (Skouries), and pit shell, or by an open pit/underground economic crossover surface, and underground Resources constrained by a reporting shape. (1) Mineralized shapes based on RPEEE identified based on 2.5 g/t Au COG; within shapes material below incremental COG of 1.0 g/t have been excluded; grades are diluted by must-take material between 1.0 and 2.5 g/t Au. Qualified Persons The following persons, all of whom are qualified persons under NI 43-101, have approved the disclosure related to the Mineral Resources for the projects noted below contained within this release: Cautionary Note about Forward-looking Statements and Information Certain of the statements made and information provided in this news release are forward-looking statements or information within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. Often, these forward-looking statements and forward-looking information can be identified by the use of words such as “anticipates”, “believes”, “budget”, “continue”, “estimates”, “expects”, “forecasts”, “foresee”, “future”, “goal”, “guidance”, “intends”, “opportunity”, “outlook”, “plans”, “potential”, “strive”, “target” or “underway” or the negatives thereof or variations of such words and phrases or statements that certain actions, events or results “can”, “could”, “likely”, “may”, “might”, “will” or “would” be taken, occur or be achieved. Forward-looking statements or information are by their nature based on a number of assumptions, that management considers reasonable. However, such assumptions involve both known and unknown risks, uncertainties and other factors which, if proven to be inaccurate, may cause actual results, activities, performance or achievements may be materially different from those described in the forward-looking statements or information. Forward-looking statements or information contained in this release include, but are not limited to, statements or information with respect to: our Mineral Reserves and Mineral Resources; long term prospects for the Lamaque Complex, the sale of the Certej project; exploration opportunities to extend the life of mine at Efemcukuru; 2025 focus on extending mine life, testing near-mine exploration targets and seeking a discovery from prospective early-stage exploration targets; the filing of a new technical report for the Lamaque Complex, the disclosed outlook on long term metal prices; and generally our strategy, plans and goals. We have made certain assumptions about the forward-looking statements and information, including assumptions about: our ability to obtain all required approvals and permits in a timely manner and our ability to comply with all the conditions that are imposed in such approvals and permits; timing of filing of a new technical report for the Lamaque mineral properties; timing, cost and results of our construction and development activities, improvements and exploration; the future price of gold and other commodities and the global concentrate market; exchange rates; anticipated values, costs, expenses and working capital requirements; production and metallurgical recoveries; Mineral Reserves and Mineral Resources; our ability to unlock the potential of our brownfield property portfolio; our ability to address the negative impacts of climate change and adverse weather; consistency of agglomeration and our ability to optimize it in the future; the cost of, and extent to which we use, essential consumables (including fuel, explosives, cement, and cyanide); the impact and effectiveness of productivity initiatives; the time and cost necessary for anticipated overhauls of equipment; expected by-product grades; the use, and impact or effectiveness, of growth capital; the impact of acquisitions, dispositions, suspensions or delays on our business; the sustaining capital required for various projects; and the geopolitical, economic, permitting and legal climate that we operate in (including disruptions to shipping operations and related impacts). Even though our management believes that the assumptions made and the expectations represented by such statements or information are reasonable, there can be no assurance that the forward-looking statement or information will prove to be accurate. Many assumptions may be difficult to predict and are beyond our control. Furthermore, should one or more of the risks, uncertainties or other factors materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements or information. These risks, uncertainties and other factors include, among others, risks relating to our operations in foreign jurisdictions (including disruptions to shipping operations) development risks at Skouries and other development projects; community relations and social license; liquidity and financing risks; climate change; inflation risk; environmental matters; production and processing; waste disposal; geotechnical and hydrogeological conditions or failures; the global economic environment; risks relating to any pandemic, epidemic, endemic or similar public health threats; reliance on a limited number of smelters and off-takers; labour (including in relation to employee/union relations, the Greek transformation, employee misconduct, key personnel, skilled workforce, expatriates, and contractors); indebtedness (including current and future operating restrictions, implications of a change of control, ability to meet debt service obligations, the implications of defaulting on obligations and change in credit ratings); government regulation; the Sarbanes-Oxley Act; commodity price risk; mineral tenure; permits; risks relating to environmental sustainability and governance practices and performance; financial reporting (including relating to the carrying value of our assets and changes in reporting standards); non-governmental organizations; corruption, bribery and sanctions; information and operational technology systems; litigation and contracts; estimation of Mineral Reserves and Mineral Resources; different standards used to prepare and report Mineral Reserves and Mineral Resources; credit risk; price volatility, volume fluctuations and dilution risk in respect of our shares; actions of activist shareholders; reliance on infrastructure, commodities and consumables (including power and water); currency risk; interest rate risk; tax matters; dividends; reclamation and long-term obligations; acquisitions, including integration risks, and dispositions; regulated substances; necessary equipment; co-ownership of our properties; the unavailability of insurance; conflicts of interest; compliance with privacy legislation; reputational issues; and competition. The reader is directed to carefully review the detailed risk discussion in our most recent Annual Information Form & Form 40-F filed on SEDAR+ and EDGAR under our Company name, for a fuller understanding of the risks and uncertainties that affect our business and operations. The inclusion of forward-looking statements and information is designed to help you understand management’s current views of our near- and longer-term prospects, and it may not be appropriate for other purposes. There can be no assurance that forward-looking statements or information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, you should not place undue reliance on the forward-looking statements or information contained herein. Except as required by law, we do not expect to update forward-looking statements and information continually as conditions change and you are referred to the full discussion of the Company’s business contained in the Company’s reports filed with the securities regulatory authorities in Canada and the United States.

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