Centerra Gold - Kumtor Mine Reserves Increase 58% to 9.7 Million Ounces of Gold 5 Year Extension of the Life-of-Mine to 2026
All figures are in United States dollars
Toronto, Canada � November 7, 2012: Centerra Gold Inc. (TSX: CG) announces the results of its technical and financial study regarding expanding the Central open pit at the Kumtor mine in the Kyrgyz Republic.
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Increased Proven and Probable reserves by 58% or 3.6 million contained ounces of gold, total open pit reserves of 9.7 million contained ounces of gold,
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Extended mine life by 5 years, life-of-mine plan (LOM) for the KS-13 open pit extends open pit mining to 2023 and milling operations to 2026,
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Optimized LOM open pit plan while maintaining future underground development option,
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Consistent annual gold production averaging 650,000 ounces for the first 10 years,
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Expand mill throughput by 18% in 2016 to 6.7 million tonnes per annum (approximately 18,400 tonnes per day),
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LOM expansion capital of $169 million and $557 million of sustaining capital, excluding pre-strip capital,
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Total LOM operating cost, pre-stripping and capital cost of $728 per ounce1, excluding revenue-based tax; $917 per ounce including revenue-based tax at $1,350 per ounce gold price,
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Net present value (NPV) of $1.9 billion at a 8% discount rate using a gold price of $1,350 per ounce; and a NPV of $3.4 billion using a gold price of $1,700 per ounce.
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Centerra Gold Inc
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PRODUCTEUR |
CODE : CG.TO |
ISIN : CA1520061021 |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Centerra Gold est une société de production minière d'or basée au Canada. Centerra Gold détient divers projets d'exploration in Russia. Ses principaux projets en production sont KUMTOR au Kirghizistan et BOROO en Mongolie, son principal projet en développement est GATSUURT en Mongolie et ses principaux projets en exploration sont AKARCA en Turquie et REN et KARA BELDYR in Russia. Centerra Gold est cotée au Canada et en Allemagne. Sa capitalisation boursière aujourd'hui est 2,3 milliards CA$ (1,9 milliards US$, 1,6 milliards €). La valeur de son action a atteint son plus bas niveau récent le 24 octobre 2008 à 0,79 CA$, et son plus haut niveau récent le 21 avril 2023 à 9,99 CA$. Centerra Gold possède 291 280 000 actions en circulation. |