Canadian gold and copper mining company Centerra Gold has reported a sharp drop in net earnings for 2018, as the impact of reduced capacity at the water-stressed Mount Milligan mine, in British Columbia, and a slight drop in output from Kumtor, in Kyrgyzstan, weighed on its financial results.
Centerra posted net earnings of $107.5-million, or $0.37 a share, on revenue of $1.1-billion, in 2018, compared with $209.5-million, or $0.72 a share, on revenue of $1.2-billion in 2017.