Eldorado Gold's Foran Acquisition Shifts Focus to Gold and Copper, Expands Valuation and Growth Prospects.

Eldorado Gold has entered a definitive agreement to acquire Foran Mining in a C$3.8 billion transaction, combining its gold portfolio with Foran's copper-focused assets to form a larger gold and copper producer. The deal aims to broaden Eldorado's asset base and increase its exposure to copper and other critical minerals, shifting its focus toward a gold and copper mix. The combined company may attract attention from investors tracking both gold and base metals, influencing its risk profile, project pipeline, and sensitivity to different commodity price cycles.