Latest news with #Eldorado
Auto Blog
4 days ago
- Automotive
- Auto Blog
One-Off Cadillac EldoRODo Show Car Blends Luxury and Lowrider Style
A Tribute to SoCal: Cadillac's Lowrider Showpiece The 1999 Cadillac EldoRODo show car is unlike anything the American carmaker has ever made. The car was never designed as a concept, or a precursor of a future model, but a highly customized one-off show car commissioned by General Motors. The unique and special Caddy is a wonderful blend of luxury and street culture, and there's only one in the world. After General Motors auctioned off the car for $60,000 during GM's bankruptcy proceedings following the 2008 financial crisis, it spent years in storage, and changed hands several times including a brief stint with Tyler Hoover, host of Hoovie's Garage YouTube channel, who bought it for just $12,000 in November 2023. The market is finally realizing what a unicorn the car really is, as it recently sold at auction via Bring a Trailer for $55,000 back in April. So what makes the car so special? Built for Show, Not Production At a time when Cadillac was known for large luxury sedans, coupes, and SUVs, the EldoRODo was commissioned at a rumored $270,000 to show a different side of Cadillac – a tip of the hat to, and a celebration of, unique Californian car culture, specifically Southern California's custom low-rider scene. So it was fitting that all the work was done by Chuck Lombardo of the world-famous California Street Rods in Huntington Beach. Chuck sadly passed away in 2023. It was a statement, not a production car, and Cadillac said at the time that it effectively captures the spirit of the classic hot rod, while blending it with contemporary luxury and performance. From there the 'ROD' in 'EldoRODo', while retaining the traditional Eldorado values. Upon its completion, the car frequented the show circuit and was on display at the Los Angeles and Detroit auto shows and on many a magazine cover. How Cadillac's $270K Custom Lowrider Took Shape The custom low-rider esthetic comes from the chopped roof line, the more steeply raked front and rear screens, and the very low ride height achieved by dropping the front suspension and fitting adjustable rear air suspension. It is further reinforced by extended rear wheel skirts and design cues that emphasize the slammed look, including slim, slit-like headlights and a narrow grille. In fact, the car sits a full four inches lower to the ground than its Eldorado Touring Coupe donor car. Autoblog Newsletter Autoblog brings you car news; expert reviews and exciting pictures and video. Research and compare vehicles, too. Sign up or sign in with Google Facebook Microsoft Apple By signing up I agree to the Terms of Use and acknowledge that I have read the Privacy Policy . You may unsubscribe from email communication at anytime. The striking Ignite Orange paintwork is offset by mirror-finished chrome wheels in a flat platter style with hidden, internal valves. They measure 18 inches – much larger than anything you'd find on a stock Eldorado at the time – and are wrapped in tires with such a low profile, they almost seem painted on the rims. Finishing off the esthetic is the shaved look, with all exterior trim pieces removed, rendering a pebble-smooth outer surface devoid of clutter, and even without any side mirrors. Those were replaced with discreet little side cameras. The handle-less doors are opened by remote poppers. What's Under the Hood: A Real Drivable Eldorado Base Because this is not a concept or mockup, the EldoRODo is a fully functional and driving car, sitting on the bones of an existing mass-production model – the 12th-generation (1992-2002) Eldorado, specifically the Eldorado Touring Coupe. The Neutral Shale (beige to you and me) interior is nearly completely stock, save for carbon-fiber trim in place of the regular ETC's wood. While the air suspension is totally reworked, the platform and powertrain are the same as the production car, which is to say it shares its naturally aspirated 4.6-liter Northstar V8 engine with 300 hp and 295 lb-ft of torque. As was the custom with the Seville and Eldorado models at the time, the powerplant is installed transversely under the hood and drives the front wheels via a four-speed automatic transmission. Performance figures would have closely approximated those of the production ETC as well, which is to say a 0-60 sprint in just over seven seconds. Not that any owner will subject this one-off beauty to such harsh treatment, though, and this is borne out by the fact that the car had only 8,500 miles on the clock at the time it was sold in April. The Catch: You Can't Drive It Legally If you think $55k sounds like a bit of a bargain for a one-off unicorn like this, we remind you that you won't be able to do much with your EldoRODo, were you to own it. As part of its bankruptcy proceedings, GM sold the car off with a junk title in a legal maneuver to avoid any future liability. It will, therefore, be difficult, if not impossible, to get it road-registered, depending on where in the US you live. And those side mirror cameras will probably not be road legal either, anyway. Why Cadillac Won't Build Another Like It It's unlikely that we'll see anything quite like the EldoRODo again. It was an extravagant, cost-no-object custom modification to make a statement, without previewing any new technology or upcoming Cadillac models. It was meant to show that Cadillac still had a connection with the expressive spirit of Southern Californian custom car culture. With the local automotive industry now under pressure from tariffs and the big EV push, such a pet project would be too extravagant to get past committee. It likely means there will never be anything like this chopped, slammed, and shaven Caddy again. We're just happy the nearly pristine car still exists, even if only as a reminder that Cadillac can also let its hair down once in a while. About the Author Cobus F. Potgieter View Profile
Miami Herald
4 days ago
- Automotive
- Miami Herald
One-Off $270K Cadillac EldoRODo Lowrider Resurfaces in $55K Auction Sale
The 1999 Cadillac EldoRODo show car is unlike anything the American carmaker has ever made. The car was never designed as a concept, or a precursor of a future model, but a highly customized one-off show car commissioned by General Motors. The unique and special Caddy is a wonderful blend of luxury and street culture, and there's only one in the world. After General Motors auctioned off the car for $60,000 during GM's bankruptcy proceedings following the 2008 financial crisis, it spent years in storage, and changed hands several times including a brief stint with Tyler Hoover, host of Hoovie's Garage YouTube channel, who bought it for just $12,000 in November 2023. The market is finally realizing what a unicorn the car really is, as it recently sold at auction via Bring a Trailer for $55,000 back in April. So what makes the car so special? At a time when Cadillac was known for large luxury sedans, coupes, and SUVs, the EldoRODo was commissioned at a rumored $270,000 to show a different side of Cadillac - a tip of the hat to, and a celebration of, unique Californian car culture, specifically Southern California's custom low-rider scene. So it was fitting that all the work was done by Chuck Lombardo of the world-famous California Street Rods in Huntington Beach. Chuck sadly passed away in 2023. It was a statement, not a production car, and Cadillac said at the time that it effectively captures the spirit of the classic hot rod, while blending it with contemporary luxury and performance. From there the "ROD" in "EldoRODo", while retaining the traditional Eldorado values. Upon its completion, the car frequented the show circuit and was on display at the Los Angeles and Detroit auto shows and on many a magazine cover. The custom low-rider esthetic comes from the chopped roof line, the more steeply raked front and rear screens, and the very low ride height achieved by dropping the front suspension and fitting adjustable rear air suspension. It is further reinforced by extended rear wheel skirts and design cues that emphasize the slammed look, including slim, slit-like headlights and a narrow grille. In fact, the car sits a full four inches lower to the ground than its Eldorado Touring Coupe donor car. The striking Ignite Orange paintwork is offset by mirror-finished chrome wheels in a flat platter style with hidden, internal valves. They measure 18 inches - much larger than anything you'd find on a stock Eldorado at the time - and are wrapped in tires with such a low profile, they almost seem painted on the rims. Finishing off the esthetic is the shaved look, with all exterior trim pieces removed, rendering a pebble-smooth outer surface devoid of clutter, and even without any side mirrors. Those were replaced with discreet little side cameras. The handle-less doors are opened by remote poppers. Because this is not a concept or mockup, the EldoRODo is a fully functional and driving car, sitting on the bones of an existing mass-production model - the 12th-generation (1992-2002) Eldorado, specifically the Eldorado Touring Coupe. The Neutral Shale (beige to you and me) interior is nearly completely stock, save for carbon-fiber trim in place of the regular ETC's wood. While the air suspension is totally reworked, the platform and powertrain are the same as the production car, which is to say it shares its naturally aspirated 4.6-liter Northstar V8 engine with 300 hp and 295 lb-ft of torque. As was the custom with the Seville and Eldorado models at the time, the powerplant is installed transversely under the hood and drives the front wheels via a four-speed automatic transmission. Performance figures would have closely approximated those of the production ETC as well, which is to say a 0-60 sprint in just over seven seconds. Not that any owner will subject this one-off beauty to such harsh treatment, though, and this is borne out by the fact that the car had only 8,500 miles on the clock at the time it was sold in April. If you think $55k sounds like a bit of a bargain for a one-off unicorn like this, we remind you that you won't be able to do much with your EldoRODo, were you to own it. As part of its bankruptcy proceedings, GM sold the car off with a junk title in a legal maneuver to avoid any future liability. It will, therefore, be difficult, if not impossible, to get it road-registered, depending on where in the US you live. And those side mirror cameras will probably not be road legal either, anyway. It's unlikely that we'll see anything quite like the EldoRODo again. It was an extravagant, cost-no-object custom modification to make a statement, without previewing any new technology or upcoming Cadillac models. It was meant to show that Cadillac still had a connection with the expressive spirit of Southern Californian custom car culture. With the local automotive industry now under pressure from tariffs and the big EV push, such a pet project would be too extravagant to get past committee. It likely means there will never be anything like this chopped, slammed, and shaven Caddy again. We're just happy the nearly pristine car still exists, even if only as a reminder that Cadillac can also let its hair down once in a while. Copyright 2025 The Arena Group, Inc. All Rights Reserved.
Yahoo
6 days ago
- Business
- Yahoo
Eldorado Gold Announces Election of Directors and Results from the 2025 Annual and Special Meeting of Shareholders
VANCOUVER, British Columbia, June 04, 2025 (GLOBE NEWSWIRE) -- Eldorado Gold Corporation ('Eldorado' or 'the Company') is pleased to announce that all director nominees, as listed in the Management Proxy Circular dated April 15, 2025, were elected as directors of Eldorado at the Company's Annual and Special Meeting of Shareholders (the 'Meeting') held on June 3, 2025. "On behalf of the Board, we would like to thank our shareholders for their continued support. With our transformative Skouries copper-gold project less than a year away from first production, our optimization efforts at our existing operations poised to unlock further value, and the continued strengthening of our balance sheet, we believe the future is bright for all our stakeholders,' said Steven Reid, Chair of Eldorado Gold's Board of Directors. 'Further, we would like to thank Catharine Farrow for her contributions and wish her success in her future endeavors. Since joining the Board in 2020, Ms. Farrow has been an invaluable member of the Board, providing her governance and technical expertise to all of the Board's activities. As part of our ongoing Board renewal efforts, we are pleased to welcome Hussein Barma to the Board. Mr. Barma brings a wealth of business acumen and international experience, including over 25 years of experience in senior positions in the mining sector that will enhance our Board's skill set." Election of Directors Directors Votes For Votes Against Outcome Hussein Barma 143,639,385 Shares99.80% 285,884 Shares0.20% Elected Carissa Browning 142,929,228 Shares99.31% 996,039 Shares0.69% Elected George Burns 143,689,977 Shares99.84% 235,292 Shares0.16% Elected Teresa Conway 142,887,461 Shares99.28% 1,037,808 Shares0.72% Elected Judith Mosely 143,622,193 Shares99.79% 303,075 Shares0.21% Elected Steven Reid 143,084,929 Shares99.42% 840,336 Shares0.58% Elected Stephen Walker 143,612,321 Shares99.78% 312,947 Shares0.22% Elected John Webster 142,344,662 Shares98.90% 1,580,607 Shares1.10% Elected At the Meeting, shareholders of the Company also approved: The appointment of independent auditors; Authorizing the board of directors to set the auditor's pay; Amending and restating the Performance Share Unit Plan; Amending and restating the Stock Option Plan; and The advisory resolution on executive compensation. Voting results on each resolution can also be found in the Company's final Report on Voting Results as filed on SEDAR+ ( Biographical information on each of the elected Directors can be found on the Company's website ( About Eldorado Gold Eldorado is a gold and base metals producer with mining, development and exploration operations in Türkiye, Canada and Greece. The Company has a highly skilled and dedicated workforce, safe and responsible operations, a portfolio of high-quality assets, and long-term partnerships with local communities. Eldorado's common shares trade on the Toronto Stock Exchange (TSX: ELD) and the New York Stock Exchange (NYSE: EGO). Contact Investor Relations Lynette Gould, VP, Investor Relations, Communications & External Affairs647 271 2827 or 1 888 353 8166 MediaChad Pederson, Director, Communications and Public Affairs236 885 6251 or 1 888 353 8166 Cautionary Note about Forward-looking Statements and Information Certain of the statements made and information provided in this press release are forward-looking statements or forward-looking information within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. Often, these forward-looking statements and forward-looking information can be identified by the use of words such as 'continues', 'focuses' or variations of such words and phrases or statements that certain actions, events or results 'can', 'could', 'likely', 'may', 'might', 'will' or 'would' be taken, occur or be achieved. Forward-looking statements or information contained in this press release include, but are not limited to, statements or information with respect to: the advancement of construction at Skouries, our optimization efforts and their expected impact, our expectations with respect to our balance sheet and the future for our stakeholders and generally our strategy, plans and goals. Forward-looking statements or information are by their nature based on a number of assumptions that management considers reasonable. However, such assumptions involve both known and unknown risks, uncertainties and other factors which, if proven to be inaccurate, may cause actual results, activities, performance or achievements may be materially different from those described in the forward-looking statements or information. These include assumptions concerning: timing, cost and results of our construction and development activities, improvements and exploration; the future price of gold and other commodities; exchange rates; anticipated values, costs, expenses and working capital requirements; production and metallurgical recoveries; mineral reserves and resources; our ability to unlock the potential of our brownfield property portfolio; our ability to address the negative impacts of climate change and adverse weather; consistency of agglomeration and our ability to optimize it in the future; the cost of, and extent to which we use, essential consumables (including fuel, explosives, cement, and cyanide); the impact and effectiveness of productivity initiatives; the time and cost necessary for anticipated overhauls of equipment; expected by-product grades; the use, and impact or effectiveness, of growth capital; the impact of acquisitions, dispositions, suspensions or delays on our business; the sustaining capital required for various projects; and the geopolitical, economic, permitting and legal climate that we operate in (including recent disruptions to shipping operations in the Red Sea and any related shipping delays, shipping price increases, or impacts on the global energy market). In addition, except where otherwise stated, Eldorado has assumed a continuation of existing business operations on substantially the same basis as exists at the time of this press release. Even though we believe that the assumptions and expectations represented by such statements or information are reasonable, there can be no assurance that the forward-looking statement or information will prove to be accurate. Many assumptions may be difficult to predict and are beyond our control. Forward-looking statements or information is subject to known and unknown risks, uncertainties and other important factors that may cause actual results, activities, performance or achievements to be materially different from those described in the forward-looking statements or information. These risks, uncertainties and other factors include, among others: risks relating to our operations in foreign jurisdictions (including recent disruptions to shipping operations in the Red Sea and any related shipping delays, shipping price increases, or impacts on the global energy market); development risks at Skouries and other development projects; community relations and social license; liquidity and financing risks; climate change; inflation risk; environmental matters; production and processing; waste disposal; geotechnical and hydrogeological conditions or failures; the global economic environment; risks relating to any pandemic, epidemic, endemic or similar public health threats; reliance on a limited number of smelters and off-takers; labour (including in relation to employee/union relations, the Greek transformation, employee misconduct, key personnel, skilled workforce, expatriates, and contractors); indebtedness (including current and future operating restrictions, implications of a change of control, ability to meet debt service obligations, the implications of defaulting on obligations and change in credit ratings); government regulation; the Sarbanes-Oxley Act; commodity price risk; mineral tenure; permits; risks relating to environmental sustainability and governance practices and performance; financial reporting (including relating to the carrying value of our assets and changes in reporting standards); non-governmental organizations; corruption, bribery and sanctions; information and operational technology systems; litigation and contracts; estimation of mineral reserves and mineral resources; different standards used to prepare and report mineral reserves and mineral resources; credit risk; price volatility, volume fluctuations and dilution risk in respect of our shares; actions of activist shareholders; reliance on infrastructure, commodities and consumables (including power and water); currency risk; interest rate risk; tax matters; dividends; reclamation and long-term obligations; acquisitions, including integration risks, and dispositions; regulated substances; necessary equipment; co-ownership of our properties; the unavailability of insurance; conflicts of interest; compliance with privacy legislation; reputational issues; competition, and those risk factors discussed in our most recent Annual Information Form & Form 40-F. The reader is directed to carefully review the detailed risk discussion in our most recent Annual Information Form & Form 40-F filed on SEDAR+ and EDGAR under our Company name, for a fuller understanding of the risks and uncertainties that affect our business and operations. The inclusion of forward-looking statements and information is designed to help the reader understand management's current views of our near- and longer-term prospects, and it may not be appropriate for other purposes. There can be no assurance that forward-looking statements or information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, the reader should not place undue reliance on the forward-looking statements or information contained herein. Except as required by law, we do not expect to update forward-looking statements and information continually as conditions change and readers are referred to the full discussion of the Company's business contained in the Company's reports filed with the securities regulatory authorities in Canada and the United in to access your portfolio
Yahoo
30-05-2025
- Business
- Yahoo
Sparton Announces Closing of Sale of a 25 Per Cent Interest in Bruell Gold Project Claims, Quebec
TORONTO, May 30, 2025 (GLOBE NEWSWIRE) -- Sparton Resources Inc. (SRI: TSX-V) (the 'Company') is pleased to announce that the Company and Eldorado Gold Corporation ('Eldorado') have closed an agreement, effective May 29, 2025, whereunder Eldorado acquired the Company's remaining 25% interest in the Bruell Gold Project 51 claim property in Vauquelin township, Quebec. (The Company and Eldorado are referred to jointly herein as 'the Parties'.) All dollar figures stated are in Canadian Dollars. The Option Agreement for the Bruell Property was originally entered into by the Parties in 2019 and has subsequently been amended to accommodate work programs and negotiate transaction terms. The Parties reached an agreement on November 24, 2024, to amend the agreement, whereby Sparton's 25% interest in Bruell could be purchased by Eldorado for $275,000 plus a 2% Net Smelter Return Royalty ('NSR'). The original option set out in the agreement allowed for the remaining 25% interest to be purchased for $1.8 million plus an annual cost of living increase, and the granting of a 2% Production NSR with a buyout of 50% percent of this NSR for $2.5 Million dollars at any time. As a result of this transaction, Eldorado will now own 100% of the Bruell Gold Project, and Sparton will retain the Production NSR as above. Given the state of the junior exploration sector and the current Company share price, the Board made the decision to forego future participation costs related to the exploration and development on the Bruell property, where the timing is not within its control, in order obtain cash to meet current commitments and pursue opportunities on its wholly owned critical mineral and precious metals properties and for general corporate purposes. For More Information contact: A. Lee Barker, President and CEO Tel.: +1 647-344-7734 Fax: +1 647-344-7734 Mobile: +1 416-716-5762 E-mail: info@ SPARTON RESOURCES INC. Company website: Listed: TSX Venture ExchangeTrading Symbol: SRI We Seek Safe Harbour Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release
Daily Mail
15-05-2025
- Entertainment
- Daily Mail
BBC One viewers are left 'gutted' as they lament the end of popular 90s soap after daytime TV rerun
BBC One viewers have been left 'gutted' that there are no more episodes of a popular soap from the 1990s. Designed to replicate the popularity of EastEnders, the show, titled Eldorado, first hit screens back in 1992. Eldorado transported viewers to the fictional town of Los Barcos on the Costa Eldorado in Spain and followed predominantly British ex-pats in the area. It featured Drew Lockhead (Campbell Morrison) and his family members Gwen (Patricia Brake) and Blair (Josh Nathan), as well as Jesse Birdsall as Marcus Tandy. Much to the dismay of fans, Eldorado only aired between 1992 and 1993 and was axed after 156 episodes. Back in January, a rerun of the show aired on UKTV channel U&Drama 7 and captivated viewers all over again. The last episode of the daytime TV repeat aired on Wednesday (May 14) and viewers said they would 'miss' the show when it came to an end. Many took to X to discuss the end of the series, with one writing: 'The final sunset on Los Barcos! After 16 weeks on U&Drama. Eldorado has come to an end. 'My first viewing since it was originally broadcast over 30 years. Really enjoyed it. #Eldorado.' Another gushed: 'Los Barcos, I'm gonna miss you. The final ⅓ of the run was f****** fantastic television.' While someone else penned: 'Can't believe there's only 5 more episodes left, with new bosses series improved hugely to be than most of the other soaps. 'Why it was axed & not given longer, the cast clear out & more complex storylines really made it get better & better as time went on #Eldorado.' One viewer commented: 'I shall be gutted when it's over.' Eldorado's cast featured future EastEnders actors including Derek Martin and Polly Perkins. The soap's launch had caused controversy at the time as it replaced Terry Wogan's talk show, causing real bitterness. The sunny soap did not completely go away following its axing, with repeats broadcast on UK Gold in the late 1990s and early 2000s.
