Centerra Gold announces its 2023 year-end estimates for mineral reserves and mineral resources. Proven and probable gold mineral reserves were 3.6M ounces and proven and probable copper mineral reserves were 961 million pounds, as of December 31, 2023. Measured and indicated gold mineral resources were 6.9 million ounces as of December 31, 2023, driven by a significant increase at Mount Milligan. The Company is encouraged by the large mineral endowment at Mount Milligan setting the stage for potential future mine life growth.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on CGAU:
- Centerra Gold Announces Mount Milligan Mine Life Extension and Additional Agreement with Royal Gold
- Centerra Gold Announces 2023 Year-End Mineral Reserves and Resources and Provides Exploration Update
- Centerra Gold Achieves 2023 Production Guidance; Begins 2024 with Over $600 Million in Cash and Cash Equivalents; Announces 2024 Outlook
- Centerra Gold price target lowered to C$9.25 from C$9.50 at National Bank
- Centerra Gold Announces Chief Financial Officer Transition