Edition:
United States

Centerra Gold Inc (CG.TO)

CG.TO on Toronto Stock Exchange

7.58CAD
1:29pm EDT
Change (% chg)

$0.03 (+0.40%)
Prev Close
$7.55
Open
$7.53
Day's High
$7.60
Day's Low
$7.45
Volume
339,159
Avg. Vol
1,251,878
52-wk High
$8.13
52-wk Low
$5.56

Latest Key Developments (Source: Significant Developments)

Centerra says Kumtor operation has received necessary permits from state authorities to raise tailings dam to 3674 metre elevation
Monday, 6 Mar 2017 07:00am EST 

Centerra Gold Inc : Centerra gold inc - kumtor operation has received necessary permits from state authorities to raise tailings dam to 3674 metre elevation . Centerra gold inc - construction permits enables mine to commence 3-year construction program .Centerra gold - estimated that in 2017 company will invest approximately $11 million (no change to 2017 guidance) of total estimated investment of $32 million.  Full Article

Centerra Gold Q4 earnings per share $0.23
Thursday, 23 Feb 2017 09:26pm EST 

Centerra Gold Inc : Centerra gold reports fourth quarter and 2016 year-end results . Q4 earnings per share $0.23 . Q4 earnings per share view $0.24 -- Thomson Reuters I/B/E/S . Q4 revenue $305.7 million versus $148.3 million .Gold production for Q4 increased 86% to 248,479 ounces poured, including 200,762 ounces from kumtor, 47,717 ounces from mount milligan.  Full Article

Centerra Gold suspends dividend; extends Oksut project financing facility
Friday, 9 Dec 2016 08:40am EST 

Centerra Gold Inc : Centerra Gold- Unicredit Bank, EBRD granted co's unit extension to June 30, 2017 to satisfy conditions to access $150 million Öksüt Project credit facility . Centerra- In light of restrictions relating to funds held at co's wholly-owned Kyrgyz Republic subsidiary, board decided against declaring Q3 dividend . Centerra - Oksüt will continue to work to satisfy conditions by new deadline but no assurances that all conditions will be satisfied by June 30, 2017 .Centerra gold announces extension of the Oksut project financing facility and suspension of the company's dividend.  Full Article

Centerra Gold Q3 EPS $0.28
Monday, 7 Nov 2016 07:00am EST 

Centerra Gold Inc : Gold production for q3 of 2016 totaled 166,030 ounces . Centerra gold inc - increased its gold production guidance for kumtor for year to 520,000 - 560,000 ounces . 2016 gold production has been revised to reflect increased production forecast at kumtor . Projected capital expenditures for 2016, excluding capitalized stripping, have been revised to $124 million from $140 million . Centerra gold revises 2016 guidance favourably and reports third quarter results . Q3 earnings per share $0.28 .Q3 earnings per share view $0.15 -- Thomson Reuters I/B/E/S.  Full Article

Centerra Gold announces quarterly dividend of C$0.04 per share
Tuesday, 26 Jul 2016 08:23pm EDT 

Centerra Gold Inc :Centerra Gold announces quarterly dividend of c$0.04 per share.  Full Article

Centerra Gold qtrly EPS $0.01
Tuesday, 26 Jul 2016 08:22pm EDT 

Centerra Gold Inc : Qtrly revenue $161.6 million versus $146.8 million . "lowered our overall expected capital expenditures for year to $140 million a 48% decrease, excluding capitalized stripping" . Says revised its 2016 forecast to reflect lower operating costs, capital expenditures and dd&a expense at kumtor . Centerra gold favourably revises 2016 guidance and reports second quarter results . Q2 earnings per share $0.01 . Q2 earnings per share view $0.05 -- Thomson Reuters I/B/E/S .Narrowing expected gold production to 500,000 - 530,000 ounces for the full year.  Full Article

Centerra Gold announces quarterly dividend of C$0.04 per share
Tuesday, 26 Jul 2016 07:35pm EDT 

Centerra Gold Inc :Centerra Gold announces quarterly dividend of c$0.04 per share.  Full Article

Centerra Gold qtrly EPS $0.01
Tuesday, 26 Jul 2016 07:27pm EDT 

Centerra Gold Inc : Qtrly revenue $161.6 million versus $146.8 million . "lowered our overall expected capital expenditures for year to $140 million a 48% decrease, excluding capitalized stripping" . Says revised its 2016 forecast to reflect lower operating costs, capital expenditures and dd&a expense at kumtor . Centerra gold favourably revises 2016 guidance and reports second quarter results . Q2 earnings per share $0.01 . Q2 earnings per share view $0.05 -- Thomson Reuters I/B/E/S .Narrowing expected gold production to 500,000 - 530,000 ounces for the full year.  Full Article

Riverside Resources says signed option agreement with Centerra Gold
Tuesday, 26 Jul 2016 09:00am EDT 

Riverside Resources : Signed option agreement with Centerra Gold for Glor Gold project .Centerra to have option to earn 70 pct interest in project by funding US$3.5 million in exploration work over next 4 years.  Full Article

Centerra Gold to buy Thompson Creek Metals for $1.1 bln
Tuesday, 5 Jul 2016 04:08pm EDT 

Centerra Gold Inc : Centerra Gold and Thompson Creek announce transformational business combination . Total transaction value, including assumption of capital lease obligations, is equal to approx. $1.1 billion . Centerra will redeem all of Thompson Creek's secured and unsecured notes at their call price plus accrued and unpaid interest . Arrangement agreement has been approved by board of directors of each of Centerra and Thompson Creek . Endako, Thompson Creek mines will be kept on care and maintenance, Thompson Creek mill will continue to be used as concentrate upgrade facility . Exchange ratio for deal implies consideration of c$0.79 per thompson creek common share . Upon deal closing, Royal Gold's 52.25% gold streaming interest at mount milligan to be amended to 35% gold stream, 18.75% copper stream . Redemption of Thompson Creek's 9.75% secured notes to also be financed with c$170 million bought deal subscription receipt offering . Upon completion, existing Centerra, Creek shareholders expected to own about 92% and 8%, respectively, of pro forma company . Deal expected to be accretive to cash flow, NAV, reserves and production per share . Addition of secondary crushing at Mount Milligan mine by year end 2016, as planned, expected to increase throughput to over 62,500 tpd . All Thompson Creek outstanding shares will be exchanged on basis of 0.0988 of centerra share for each Thompson Creek common share.  Full Article

More From Around the Web

BRIEF-Calibre Mining and Centerra Gold continue to advance exploration programs on Siuna gold-copper project

* Calibre Mining Corp - co and Centerra Gold Inc continue to advance exploration programs on siuna gold-copper project, located in northeast Nicaragua