\n<\/p>\n
We recently compiled a list of the 10 Cheap Stocks to Buy Now for Long Term<\/a><\/strong>. Eldorado Gold Corporation is among the cheap stocks to buy.\u00a0<\/strong><\/p>\n TheFly reported on March 25 that EGO announced a strategic collaboration with G Mining Services through a Memorandum of Understanding, forming an engineering and construction alliance. G Mining will support Eldorado\u2019s project execution across its portfolio by providing services such as early project definition, engineering assistance, constructability assessments, and planning. The partnership aims to improve project readiness, delivery reliability, and capital efficiency for current and future initiatives, including Perama Hill, the Lamaque Complex, and Sigma Mill expansion, Skouries with mill start-up and underground support, Olympias with mill filtration upgrades, and McIlvenna Bay with throughput enhancement, value optimization, and materials handling improvements.<\/p>\n Earlier on March 16, Eldorado Gold Corporation (NYSE:EGO) secured an Operating Authorization from Quebec\u2019s Ministry of the Environment, enabling mining at the Ormaque deposit within the Lamaque Complex in Val-d\u2019Or. This approval allows high-grade underground ore to be processed at the Sigma Mill, leveraging existing infrastructure such as the Triangle-Sigma decline. Ormaque adds production flexibility by supplementing ore from the Triangle deposit and builds on prior underground development investments. The authorization advances a discovery reported in 2020, supports ongoing drilling, strengthens Lamaque as a key asset, sustains current jobs, creates new employment, and delivers long-term economic benefits to the Val-d\u2019Or region.<\/p>\n Eldorado Gold Corporation (NYSE:EGO) is a Canadian gold mining company engaged in exploration, development, and production of gold and other precious metals across operations in Turkey, Greece, Romania, and Canada.<\/p>\n While we acknowledge the potential of EGO as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock<\/b><\/a>.<\/p>\n READ NEXT: <\/b>33 Stocks That Should Double in 3 Years<\/b><\/a> and <\/b>15 Stocks That Will Make You Rich in 10 Years<\/b><\/a>\u00a0<\/b><\/p>\n Disclosure: None. Follow Insider Monkey on Google News<\/b><\/a>.<\/b><\/p>\n<\/p><\/div>\n