Bullboard - Stock Discussion Forum 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... see more

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TSX:CG - Post Discussion

Centerra Gold Inc > Q2

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Post by TELEMARKER on Aug 07, 2024 9:27am

Q2

Share buybacks: Under Centerra’s normal course issuer bid (“NCIB”) program, the Company repurchased 1,439,700 common shares in the second quarter 2024, for the total consideration of $9.8 million.
Thompson Creek Feasibility Study: In the second quarter of 2024, following environmental studies and regulatory reviews, Centerra obtained authorizations for additional lands at Thompson Creek mine, which will enable a proposed pit highwall layback. This approval is subject to a minor update to the reclamation plan and is a key first step in the overall permitting process. Work is progressing on a feasibility study to evaluate the restart of mining operations at the Thompson Creek mine. The Company expects to share results of the study in late summer of 2024, in conjunction with details of an optimized commercial model for Langeloth.

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