ld or ado ▁oper ates ▁in ▁five ▁countries ▁and ▁operations ▁employ ▁over ▁ 4 , 3 0 0 ▁people ▁world wide . ▁The ▁company ▁oper ates ▁as ▁a ▁decent ral ized ▁business ▁unit ▁with ▁the ▁majority ▁of ▁employees ▁and ▁management ▁being ▁national s ▁of ▁the ▁country ▁where ▁offices ▁are ▁located . ▁ ▁E ld or ado ▁is ▁public ly ▁trad ed ▁on ▁the ▁Toronto ▁Stock ▁Exchange ▁( TS X : ▁E LD ) ▁and ▁on ▁the ▁New ▁York ▁Stock ▁Exchange ▁( N Y SE : ▁E GO ). ▁ ▁Oper ations ▁▁ ▁E ld or ado ▁produced ▁just ▁over ▁ 3 4 9 , 0 0 0 ▁ oun ces ▁of ▁ ▁in ▁ 2 0 1 8 ▁at ▁average ▁c ash ▁operating ▁costs ▁of ▁US $ 6 2 5 ▁per ▁ ounce . ▁ ▁At ▁September ▁ 3 0 , ▁ 2 0 1 8 , ▁the ▁company ▁had ▁proven ▁and ▁probable ▁gold ▁res erves ▁of ▁approximately ▁ 2 8 . 7 ▁million ▁ oun ces . ▁ ▁The ▁company ▁estimates ▁it ▁will ▁produce ▁between ▁ 3 9 0 , 0 0 0 - 4 2 0 , 0 0 0 ▁ oun ces ▁of ▁gold ▁at ▁c ash ▁operating ▁costs ▁between ▁$ 5 5 0 – 6 0 0 ▁per ▁ ounce ▁in ▁ 2 0 1 9 . ▁ ▁E ld or ado ▁produced ▁ 3 4 9 , 1 4 7 ▁ oun ces ▁of ▁gold ▁in ▁ 2 0 1 8 ▁at ▁all - in ▁sust aining ▁costs