Centerra Q2 profits surge, dividend raised
The miner recorded net income of $80.7 million or $0.27 per share for Q2 2020, more than double the previous year’s profits.
Centerra Q2 profits surge, dividend raised Read More »
The miner recorded net income of $80.7 million or $0.27 per share for Q2 2020, more than double the previous year’s profits.
Centerra Q2 profits surge, dividend raised Read More »
The company reported pretax profits of $380 million in the first half of 2020, an increase of 20% over the same period in 2019.
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Company reported significant increase in free cash flow, with $63.4 million in Q2, up 780% from $7.2 million in Q1 2020.
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Spot gold rose 11% for the month of July and gained nearly 30% so far this year.
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Company said trading profit will be at the top end of its target this year but posted lower production figures for its first half.
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Regulator said the mine had caused a serious drop in the water table, which could result in the revocation of the environmental permit, closure or a fine.
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The Edmonton-based miner signed a trilateral agreement with the Tsay Keh Dene Nation, Kwadacha Nation, and Takla Nation.
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The British miner reported that resources increased to 1.5Moz up from c.1Moz.
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Roman Abramovich and his partners are selling a 40.06% stake in Russian mid-sized gold producer Highland Gold.
Russian billionaire Abramovich sells out in $1.4 bn gold deal Read More »
Copper price, US strategic minerals, giant Alaska mine gets final nod…
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