{"id":1187819,"date":"2020-06-02T07:09:00","date_gmt":"2020-06-02T12:09:00","guid":{"rendered":"https:\/\/www.mining.com\/?p=1025868"},"modified":"2020-06-02T07:09:00","modified_gmt":"2020-06-02T12:09:00","slug":"centerra-gold-kicks-off-commercial-mining-in-turkey","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=1187819","title":{"rendered":"Centerra Gold kicks off commercial mining in Turkey"},"content":{"rendered":"<p>Canada\u2019s Centerra Gold (TSX:CG) has <a href=\"https:\/\/s3.amazonaws.com\/centerragold\/news\/June2020\/FkHMeoxRYjgavkqUXSVk.pdf\"  rel=\"noreferrer noopener\">declared commercial production<\/a> at its \u00d6ks\u00fct mine in Turkey, four months after it <a href=\"https:\/\/www.mining.com\/centerra-pours-first-gold-at-oksut-mine-stock-jumps\/\"  rel=\"noreferrer noopener\">poured first gold<\/a> at the operation.<\/p>\n<p>The Toronto-based company now has three producing mines, including Kumtor the Kyrgyz Republic and Mount Milligan in British Columbia, Canada.<\/p>\n<p>\u201cCommercial production at \u00d6ks\u00fct marks a major milestone for the company. \u00d6ks\u00fct was delivered on time and under budget,\u201d chief executive Scott Perry said.<\/p>\n<p>The Turkish mine, located in the country\u2019s south central Kayseri province, was planned as a conventional truck and shovel open pit heap leach operation, with a stacking rate of 11,000 tonnes per day. <\/p>\n<p>The initial eight-year mine life was expected to process approximately 1.2 million contained ounces of gold from two open pits, the Keltepe pit and the smaller G\u00fcneytepe pit.<\/p>\n<h2><strong>Attractive portfolio<\/strong><\/h2>\n<p>Centerra, which <a href=\"https:\/\/www.mining.com\/centerra-becomes-sole-owner-of-promising-gold-project-in-turkey-69296\/\"  rel=\"noreferrer noopener\">acquired the asset in 2013<\/a>, rejected in April an offer by Premier Gold (TSX: PG to acquire a 50% interest in a jointed project with Greenstone Gold Mines.<\/p>\n<p>The partnership is <a rel=\"noreferrer noopener\" href=\"https:\/\/www.mining.com\/centerra-turns-down-premier-golds-205m-offer\/\" >developing the Hardrock gold asset&nbsp;in Ontario<\/a>, Canada. The project is touted as one of the most significant large-scale, near permitted, mine development opportunities in North America.<\/p>\n<p>Company-wide gold production in the first quarter rose to 190,474 ounces from 183,563 ounces in the same period a year ago, Centerra said in its last earnings report. <\/p>\n<p>That included 152,307 ounces at Kumtor, 33,681 ounces at Mount Milligan and 4,486 at \u00d6ks\u00fct during the start-up phase. <\/p>\n<p>Copper production at Mount Milligan during the first quarter was 20.1 million pounds.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The milestone at Centerra&#8217;s &Ouml;ks&uuml;t means the company has now three producing gold mines.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[369,4],"tags":[],"_links":{"self":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1187819"}],"collection":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1187819"}],"version-history":[{"count":5,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1187819\/revisions"}],"predecessor-version":[{"id":1187858,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1187819\/revisions\/1187858"}],"wp:attachment":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1187819"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1187819"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1187819"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}