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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.


TSX:CG - Post by User

Centerra Gold Inc
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Post by Thisisfunstuffon Nov 14, 2019 10:34am
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Post# 30350411

Good News

Good News

Centerra Gold Commences Crushing and Stacking Ore at the kst Project

 


TORONTO, Nov. 14, 2019 (GLOBE NEWSWIRE) -- Centerra Gold Inc. (“Centerra”) (TSX: CG) announced today that the kst Project, in Turkey has commenced crushing stockpiled ore and stacking of crushed ore on the heap leach pad following receipt of normal course approvals from the Turkish Ministry of Environment and Urbanization.  The kst Project remains on schedule with first gold pour expected in early January 2020.

Scott Perry, President and CEO of Centerra Gold stated, “This is an important milestone for the project as it moves into operation and is a testament to the hard work that our kst team has put in to reach this goal.  With kst now moving into operation, the mine will soon be the Company’s third source of gold production.”


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