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Centerra Gold Inc T.CG

Alternate Symbol(s):  CGAU

Centerra Gold Inc. is a Canada-based gold mining company. The Company is focused on operating, developing, exploring, and acquiring gold and copper properties in North America, Turkiye, and other markets around the world. The Company operates two mines: the Mount Milligan Mine in British Columbia, Canada, and the Oksut Mine in Turkiye. The Company also owns the Goldfield District Project in Nevada, United States, the Kemess Underground Project in British Columbia, Canada, and owns and operates the Molybdenum Business Unit in the United States and Canada. Mount Milligan is located approximately 155 kilometers (km) northwest of Prince George in central British Columbia, Canada. The Oksut Mine is located in the Kayseri province of south-central Turkiye, approximately 295 km to the southeast of the capital city of Ankara. The Goldfield project is a conventional open-pit, heap leach project in late-stage development, with three known deposits: Gemfield, Goldfield Main, and McMahon Ridge.


TSX:CG - Post by User

Bullboard Posts
Post by Thechaseron Apr 27, 2010 4:52pm
288 Views
Post# 17037005

Kyrgyz interim leader says govt will help foreign

Kyrgyz interim leader says govt will help foreign

BISHKEK: Interim Kyrgyz leader Roza Otunbayeva said on Friday her government would ensure foreign companies were able to continue working in the ex-Soviet state after a revolt that ousted
the president.

“We will help make sure that all our large investors work without disruptions,” Otunbayeva said at a meeting with executives of foreign firms working in Kyrgyzstan. Analysts say violent unrest has increased uncertainty for foreign investors in Kyrgyzstan’s mining sector, which include London-listed Chaarat Gold Holdings Ltd.

Kyrgyzstan’s economy depends heavily on gold production. The Kumtor mine, run by Canada’s Centerra Gold, accounts for nearly a quarter of its industrial output. South African miner Gold Fields, which is exploring for gold and copper in northwest Kyrgyzstan with London-based Orsu Metals, said on April 13 that villagers had seized a camp housing its geologists. reuters

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