Centerra Gold Inc T.CG

Alternate Symbol(s): CGAU

Metals & Mining Gold

Centerra Gold Inc. is a Canada-based gold mining company focused on operating, developing, exploring and acquiring gold and copper properties in North America, Turkiye, and other markets worldwide. 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 Project in British Columbia, Canada, and owns and operates the Molybdenum Business Unit in the United States and Canada. The Mount Milligan Mine is an open pit mine located in north central British Columbia, Canada producing a gold and copper concentrate. The Oksut Mine is located in Turkiye approximately 300 kilometers southeast of Ankara and 48 kilometers south of Kayseri, the provincial capital. The Molybdenum BU includes the Langeloth Facility in Pennsylvania and two North American molybdenum mines: the Thompson Creek Mine in Idaho and the 75%-owned Endako Mine in British Columbia.

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Centerra Gold Inc

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Comment by Kyrgyzgoldon Jun 06, 2018 11:21am

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Post# 28132157

RE:Kumtor sale whitepaper - Centerra shareprice rerate?

Worth reading the whole doc but here's some of the meat: Benefits to Centerra Shareholders
Proposal represents a 58% premium to the implied market value of Kumtor (~US$507 mm)
Sale of an asset that has been the primary source of negative publicity for Centerra in recent years, potentially leading to a re-rating in its share price
Rebalances portfolio toward North America
Cash consideration can be used to accelerate the development of North American growth assets
Enhances capital structure / liquidity

Bullboard Posts

Cannara reports record growth and profitability in Q4 2023