September 12, 2024
Centerra Gold Inc. has announced the results of its feasibility study regarding the Thompson Creek operations, as well as a strategic plan aimed at revitalizing its U.S. molybdenum projects. The company?s plans include a restart of the Thompson Creek Mine in Idaho and an increased operational focus on the Langeloth facility in Pennsylvania. The integrated value of both operations Thompson Creek and Langeloth has shown promising financial metrics, with an expected after-tax net present value (NPV) of $472 million at an 8% discount rate, alongside a projected internal rate of return (IRR) of 22%. This indicates a strong potential for profitability as the company moves forward.When fully operational and integra...
July 18, 2024
Centerra Gold Sets New Benchmarks in Sustainability with 2023 ESG ReportTORONTO, July 18, 2024 - Centerra Gold Inc. (Centerra or the Company) (TSX: CG) (NYSE: CGAU) has made significant strides in its commitment to environmental, social, and governance (ESG) practices, as highlighted in its recently published 2023 ESG Report. The comprehensive report underscores Centerra s dedication to sustainability-related material topics and sets new benchmarks for the industry.With increasing global attention on ESG factors, Centerra s report showcases its efforts to minimize environmental impact, promote social responsibility, and uphold robust governance practices. These initiatives reflect Centerra s commitment to su...
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