Centerra Gold Inc - CG.t

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Centerra Gold Inc - CG.t

http://pennystockjournal.blogspot.ca/2012/06/centerra-gold-inc-cgt.html

Pages%2Bfrom%2Bvisorcap-june-2012.jpg Centerra Gold Inc - CG.t operates 2 producing mines, Kumtor in the Kyrgyz Republic and the Boroo mine in Mongolia.

The company produced 642,380 ounces in 2011 and 72,555 ounces at a total cash cost of $985 per ounce in Q1. Proven and probable reserves are 8.1 million ounces of contained gold.

imagesCA75QTXV.jpg

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Q1 numbers pointing out major production problems and Co was body slammed by the prospects of losing it's mining license on its flagship Boroo mine for environmental degradation charges.

Edited by admin on 11/08/2014 - 06:19
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