Vancouver-based Eldorado Gold has announced the appointment of Christian Milau as president, effective September 12.

He was most recently the CEO and a founder of Saudi Discovery Company, a private copper and gold exploration company focused on exploration in Saudi Arabia, as well as a nonexecutive board member of several gold and copper companies including New Gold, Northern Dynasty Minerals, Arras Minerals and Copper Standard Resources.

As part of his transition, Milau will be stepping down from his nonexecutive board member appointments.

Prior to that, he served as CEO of Equinox Gold from 2016 to 2022, leading the company through significant growth from a single-asset developer to a multi-mine producer with eight operating mines. 

With this appointment, George Burns, Eldorado’s president and CEO, will transition to the role of CEO. Milau will oversee both the executive VP and CFO, as well as the executive VP operations and technical services. 

“As we position the company for its next leg of growth, the board conducted a comprehensive search to identify a president with the right blend of experience, vision, and leadership. Christian is a proven leader who will complement our executive team and help unlock the full potential of our business. His appointment reflects our commitment to thoughtful leadership and succession planning and long-term value creation," commented chairperson Steven Reid.

“Christian’s experience is a perfect fit for Eldorado,” added Burns. “He brings a rare combination of operational depth, financial acumen, and strategic vision. His leadership through transformative periods at multiple mining companies strengthens our executive team. I look forward to working alongside Christian as we advance toward the completion of Skouries construction – a key inflection point for our company.

"As we prepare to bring our new copper/gold mine into production Christian’s insights and experience will be instrumental in driving our next phase of strategy, growth and capital allocation.”