Centerra Gold Announces Strategic Plan Including Thompson Creek Prefeasibility Study Highlights
TORONTO, Sept. 18, 2023 (GLOBE NEWSWIRE) -- Centerra Gold Inc. (“Centerra” or the “Company”) (TSX: CG) (NYSE: CGAU) is pleased to announce its strategic plan for each asset in the Company’s portfolio along with the Company’s approach to capital allocation.
- TORONTO, Sept. 18, 2023 (GLOBE NEWSWIRE) -- Centerra Gold Inc. (“Centerra” or the “Company”) (TSX: CG) (NYSE: CGAU) is pleased to announce its strategic plan for each asset in the Company’s portfolio along with the Company’s approach to capital allocation.
- President and CEO, Paul Tomory, commented, “We are excited to roll-out our strategic plan that focuses on maximizing the value for each asset in our portfolio.
- Our prefeasibility study on the Thompson Creek molybdenum mine supports a disciplined path to restarting operations and realizing significant vertical integration synergies with the Langeloth Metallurgical Facility.
- We believe that Centerra’s exposure to gold and base metals is a differentiating factor, however, our strategic plan has us remaining a gold-focused company.