Goldmark

Centerra Gold Announces Mount Milligan Mine Life Extension and Additional Agreement with Royal Gold

Retrieved on: 
Wednesday, February 14, 2024
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The additional agreement entered into with Royal Gold (the “Additional Royal Gold Agreement”), which is effective immediately, provides supplementary payments to Mount Milligan that has enabled the reserve increase and corresponding extension of the mine life described above.

Key Points: 
  • The additional agreement entered into with Royal Gold (the “Additional Royal Gold Agreement”), which is effective immediately, provides supplementary payments to Mount Milligan that has enabled the reserve increase and corresponding extension of the mine life described above.
  • The existing Amended and Restated Purchase and Sale Agreement with Royal Gold dated as of December 14, 2011, as amended (the “Existing Stream Agreement”), is not affected by the Additional Royal Gold Agreement.
  • The Additional Royal Gold Agreement, taken together with the Existing Stream Agreement, will have the effect of increasing payments for Mount Milligan gold and copper production sold to Royal Gold under the Existing Stream Agreement, among other things.
  • The percentage of gold and copper production streamed to Royal Gold remains unchanged at 35% gold and 18.75% copper.

Goldmark Advisers, Inc. Welcomes Kyle Drexler as investment banking Director

Retrieved on: 
Tuesday, February 6, 2024
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NEW YORK, Feb. 6, 2024 /PRNewswire/ -- Goldmark Advisers, a boutique investment banking firm, founded in 1984, is pleased to announce the addition of Kyle Drexler as a Director.

Key Points: 
  • NEW YORK, Feb. 6, 2024 /PRNewswire/ -- Goldmark Advisers, a boutique investment banking firm, founded in 1984, is pleased to announce the addition of Kyle Drexler as a Director.
  • With a strong background in global banking and consulting, he brings a wealth of expertise in financial advisory services to the team.
  • Kyle has successfully managed capital raising and strategic consulting engagements for startups and middle-market businesses throughout the United States, sub-Saharan Africa, and the Middle East.
  • Over the course of his career, Kyle has successfully led more than 18 full-cycle transactions, raising over $300 million in debt and equity financing.

Centerra Gold Announces Highlights of New Life of Mine Plan for the Mount Milligan Mine, Including an Extension of Mine Life to 2033

Retrieved on: 
Tuesday, October 4, 2022
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TORONTO, Oct. 04, 2022 (GLOBE NEWSWIRE) -- Centerra Gold Inc. (“Centerra” or the “Company”) (TSX: CG) (NYSE: CGAU) announces highlights from an updated life of mine (“LOM”) for the Mount Milligan Mine.

Key Points: 
  • Significant exploration potential exists at the Mount Milligan Mine peripheral to the current open pit and within the wider tenement holdings.
  • Outside of the immediate Mount Milligan deposit, greenfield exploration to identify new porphyry copper-gold deposits and low sulphidation epithermal gold-silver deposits within the Mount Milligan tenement package continues.
  • This LOM will be included in a new technical report to be filed within 45 days following this news release (the 2022 Mount Milligan Technical Report).
  • Centerra operates two mines: the Mount Milligan Mine in British Columbia, Canada, and the kst Mine in Trkiye.