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United States

Centerra Gold Inc (CG.TO)

CG.TO on Toronto Stock Exchange

7.57CAD
17 May 2019
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Latest Key Developments (Source: Significant Developments)

Centerra Gold Reports Q1 EPS $0.17
Wednesday, 1 May 2019 06:01am EDT 

May 1 (Reuters) - Centerra Gold Inc ::CENTERRA GOLD RECORDS $50.4 MILLION NET EARNINGS AND GENERATES $118.8 MILLION CASH FROM OPERATIONS.Q1 REVENUE $334 MILLION.Q1 REVENUE ESTIMATE $251.8 MILLION -- REFINITIV IBES DATA.Q1 ADJUSTED EARNINGS PER SHARE $0.17.Q1 EARNINGS PER SHARE $0.17.Q1 EARNINGS PER SHARE ESTIMATE $0.07 -- REFINITIV IBES DATA.PRODUCED 183,563 OUNCES OF GOLD DURING QUARTER.COMPANY-WIDE ALL-IN SUSTAINING COSTS WERE $669 PER OUNCE FOR QUARTER.  Full Article

Calibre Mining Acquires Siuna Gold-Silver-Copper Property In Nicaragua From Centerra Gold
Thursday, 24 Jan 2019 09:00am EST 

Jan 24 (Reuters) - Centerra Gold Inc ::CALIBRE ACQUIRES A 100% INTEREST IN THE SIUNA GOLD-SILVER-COPPER PROPERTY IN NICARAGUA FROM CENTERRA GOLD.CALIBRE MINING CORP - TO ACQUIRE CENTERRA GOLD'S 51% INTEREST IN SIUNA GOLD-SILVER-COPPER PROPERTY.CALIBRE MINING CORP - TO PURCHASE CENTERRA'S 51% INTEREST FOR 2 MILLION COMMON SHARES OF CO AND 2.0% NSR ROYALTY ON PRODUCTION FROM PROPERTY.  Full Article

Centerra Gold Records Q3 2018 Net Earnings Of $6 Mln
Wednesday, 31 Oct 2018 06:30am EDT 

Oct 31 (Reuters) - Centerra Gold Inc ::CENTERRA GOLD RECORDS THIRD QUARTER 2018 NET EARNINGS OF $6 MILLION; INCREASES 2018 GOLD PRODUCTION GUIDANCE RANGE TO 665,000 TO 705,000 OUNCES AND LOWERS COST GUIDANCE RANGE TO $782 TO $829 PER OUNCE SOLD.Q3 EARNINGS PER SHARE $0.02.Q3 REVENUE $259.1 MILLION.Q3 ADJUSTED EARNINGS PER SHARE $0.05 EXCLUDING ITEMS.Q3 EARNINGS PER SHARE VIEW $0.04 -- THOMSON REUTERS I/B/E/S.FY CAPITAL SPENDING GUIDANCE LOWERED TO $217 MILLION.IN Q3 , WROTE-DOWN NET ASSETS OF MONGOLIAN BUSINESS UNIT TO $35 MILLION & RECORDED CHARGE OF $8.5 MILLION.CONSTRUCTION ACTIVITY CONTINUED AT ÖKSÜT PROJECT IN TURKEY.  Full Article

Centerra Gold Reports Q1 Earnings Per Share Of $0.03
Tuesday, 1 May 2018 06:00am EDT 

May 1 (Reuters) - Centerra Gold Inc ::Q1 EARNINGS PER SHARE $0.03.Q1 REVENUE $235.4 MILLION.Q1 EARNINGS PER SHARE VIEW $0.02 -- THOMSON REUTERS I/B/E/S.CENTERRA GOLD - BELIEVES CASH ON HAND, WORKING CAPITAL AT MARCH 31, AMONG OTHERS, WILL BE SUFFICIENT TO FUND ANTICIPATED OPERATING CASH REQUIREMENTS.  Full Article

Centerra Gold Provides Update On Strategic Agreement With The Kyrgyz Republic
Friday, 20 Apr 2018 08:25am EDT 

April 20 (Reuters) - Centerra Gold Inc ::CENTERRA GOLD PROVIDES UPDATE ON STRATEGIC AGREEMENT WITH THE KYRGYZ REPUBLIC.CENTERRA GOLD-AGREED WITH KYRGYZ REPUBLIC GOVERNMENT TO EXTEND FIRST LONGSTOP DATE UNDER AGREEMENT FOR ENVIRONMENTAL PROTECTION & INVESTMENT PROMOTION.CENTERRA GOLD INC - AGREEMENT WITH KYRGYZ REPUBLIC TO EXTEND FIRST LONGSTOP DATE TO MAY 31, 2018.CENTERRA GOLD INC - GOVERNMENT OF KYRGYZ REPUBLIC HAS TERMINATED ALL OF ENVIRONMENTAL CLAIMS PREVIOUSLY BROUGHT BY KYRGYZ REPUBLIC SIETS.  Full Article

Centerra Gold Reports Q4 Earnings Per Share Of $0.45
Friday, 23 Feb 2018 07:00am EST 

Feb 23 (Reuters) - Centerra Gold Inc ::CENTERRA GOLD ACHIEVES 2017 CONSOLIDATED GOLD PRODUCTION GUIDANCE, BEATS COST GUIDANCE, RECORDS $210 MILLION NET EARNINGS AND GENERATES $234 MILLION FREE CASH FLOW(NG) AND PROVIDES 2018 OUTLOOK.Q4 EARNINGS PER SHARE $0.45.Q4 REVENUE $358.2 MILLION.CENTERRA GOLD - CAPEX FOR 2018 IS ESTIMATED TO BE $242 MILLION WHICH INCLUDES $100 MILLION OF SUSTAINING CAPITAL(NG) AND $142 MILLION OF GROWTH CAPITAL(NG) SPENDING​.‍Q4 2017 RESULT INCLUDES A TAX BENEFIT OF $21.3 MILLION AS A RESULT OF A CHANGE IN TAX LEGISLATION ENACTED IN U.S.​.CO EXPECTS TO BE IN A POSITION TO DRAW ON OMAS FACILITY IN Q2 OF 2018.‍EXCLUDING U.S. TAX LEGISLATION BENEFIT ADJUSTED EARNINGS IN Q4 OF 2017 WERE $0.37 PER BASIC​ COMMON SHARE.‍FOR 2018, ESTIMATING CONSOLIDATED GOLD PRODUCTION TO BE IN RANGE OF 645,000 TO 715,000 OUNCES​.CENTERRA GOLD - ‍PROJECTED CONSOLIDATED AISC PER OUNCE SOLD (NG) ON A BY-PRODUCT BASIS FOR 2018 EXPECTED TO BE $799 TO $885 PER OUNCE​.Q4 EARNINGS PER SHARE VIEW $0.32 -- THOMSON REUTERS I/B/E/S.QTRLY DILUTED EARNINGS PER COMMON SHARE $0.43.  Full Article

Centerra Gold Reports Restart Of Mill Processing Operations At Mt. Milligan
Monday, 5 Feb 2018 12:33pm EST 

Feb 5 (Reuters) - Centerra Gold Inc ::CENTERRA GOLD REPORTS RESTART OF MILL PROCESSING OPERATIONS AT MT. MILLIGAN.CENTERRA GOLD INC - EXPECTS TO RESTART SECOND BALL MILL IN APRIL, RETURNING MILL OPERATIONS AT MT. MILLIGAN TO FULL CAPACITY.CENTERRA GOLD - MILL OPERATIONS AT MOUNT MILLIGAN OP ARE EXPECTED TO ACHIEVE SUSTAINABLE MILL THROUGHPUT LEVELS OF ABOUT 30,000 TPD BY MID-FEB.  Full Article

Centerra Gold Closes $500 Million Revolving Credit Facility
Thursday, 1 Feb 2018 12:17pm EST 

Feb 1 (Reuters) - Centerra Gold Inc ::CENTERRA GOLD CLOSES US$500 MILLION REVOLVING CREDIT FACILITY.SAYS CREDIT FACILITY WILL BE AVAILABLE AT CORPORATE LEVEL AND REPLACES $315 MILLION CENTERRA BC HOLDINGS CREDIT FACILITIES​.SAYS INTEREST RATE PAYABLE ON ANY OUTSTANDING BORROWINGS ON CREDIT FACILITY IS LIBOR PLUS 2.25% - 3.75%.SAYS ‍CREDIT FACILITY ALSO REPLACES NON-REVOLVING $125 MILLION CREDIT FACILITY ENTERED EARLY JAN RELATED TO ACQUISITION OF AURICO METALS.  Full Article

Centerra Gold announces acquisition of AuRico Metals
Tuesday, 7 Nov 2017 07:00am EST 

Nov 7 (Reuters) - AuRico Metals Inc. :Centerra gold announces friendly acquisition of aurico metals.AuRico Metals Inc. - deal for ‍an aggregate transaction value of c$310 million.​.AuRico Metals Inc. - deal for ‍C$1.80 in cash consideration per share​.AuRico Metals Inc. - ‍arrangement will require approval by 66 2/3 percent of votes cast at a special meeting of Aurico Metals shareholders​.AuRico Metals Inc. - ‍arrangement agreement includes customary provisions including non-solicitation provisions​.AuRico Metals Inc. - ‍arrangement agreement includes a c$12 million termination fee payable to Centerra under certain customary circumstances​.AuRico Metals - deal acquisition is expected to be financed through a combination of new US$125 million acquisition facility and cash on hand at Centerra​.AuRico Metals Inc - deal‍ expected to be accretive to Centerra shareholders, on a per share basis, to net asset value, reserves and resources​.AuRico Metals Inc. - ‍Centerra plans to restructure its current debt facilities in connection with closing of arrangement​.  Full Article

Centerra Gold reports qtrly ‍adj earnings per share $0.18​
Tuesday, 31 Oct 2017 06:00pm EDT 

Oct 31 (Reuters) - Centerra Gold Inc :Q3 revenue $276.2 million versus I/B/E/S view $291.8 million.Centerra Gold Inc qtrly ‍adj earnings per share $0.18​.Centerra Gold Inc - qtrly earnings per share $0.00‍​.Q3 earnings per share view $0.22 -- Thomson Reuters I/B/E/S.Centerra Gold Inc - sees 2017 gold production of 775,000 ounces to 815,000 ounces​.  Full Article

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Centerra Gold mulls dividend after close of Kumtor deal

TORONTO Centerra Gold Inc is likely to reinstate its dividend after it closes a deal with Kyrgyzstan to resolve a longstanding dispute over the Kumtor gold mine, its chief executive said in an interview.