In a cash-and-shares deal , Eldorado Gold acquired European Goldfields Ltd . for $ 2.4 billion , creating a gold producer with a market value of $ 11 billion . The deal , which was completed on February 24 , 2012 , gave Eldorado the rights to the company ’ s Stratoni mine in Greece and two additional projects in Greece and Romania . By 2015 , Eldorado will have an annual gold production exceeding 1.5 million troy ounces .

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