Eldorado Gold Corporation reported production results for the fourth quarter and full year 2015. For the quarter, the company reported gold production of 169,732 ounces.

For the year, the company reported gold production of 723,532 ounces (including production from tailings retreatment at Olympias), exceeding 2015 guidance of 640,000-700,000 ounces of gold.

For the year 2016, the company expects gold production to be 565,000 - 630,000 ounces of gold at an average cash cost ranging between $585 - $620 per ounce, and an all-in sustaining cash cost between $940 - $980 per ounce.

For the year 2016, the company expects capital expenditure of $349 million.

The company is also conducting its annual impairment review and preliminary analysis indicates an impairment expense of approximately of $1.2 billion to $1.6 billion (after-tax) primarily related to its Greek assets.