en.Wedoany.com Reported - Canadian mining company Eldorado Gold announced that its McIlvenna Bay underground mine in Saskatchewan has successfully produced its first copper concentrate, marking a significant milestone for the project.

With the completion of wet commissioning at the processing plant, the project has entered the ramp-up phase and is progressing toward its design capacity of 4,900 tonnes per day. The company plans to achieve commercial production by the third quarter of 2026.

The McIlvenna Bay mine is one of the largest undeveloped volcanic-hosted massive sulfide deposits in Saskatchewan and a key asset acquired by Eldorado Gold following its acquisition of Foran Mining in April this year. According to the 2025 feasibility study, the mine has an estimated life of approximately 18 years, with expected average annual production of 41 million pounds (approximately 18,600 tonnes) of copper, 54 million pounds (approximately 24,500 tonnes) of zinc, along with 20,000 ounces of gold and 444,000 ounces of silver as by-products.

Eldorado Gold plans to continue exploration work at the mine site and surrounding areas this year, while optimizing the flotation system and underground supporting facilities to support the subsequent full production ramp-up.

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