Its flagship projects include the 100% owned Kumtor gold mine located in the Kyrgyz Republic; and the Mount Milligan gold-copper mine located in British Columbia, Canada. Company No. The Company has two properties in Canada in the pre-development stage, the Kemess Underground Gold Property and the Greenstone Gold Project (50% ownership), owns exploration … Adjusted cash flow from operations was $94.5 million after adjusting for the Kyrgyz settlement payments of $62.6 million.Headline earnings for the period were $75.4 million, or 26c per share, compared with $14.5 million or 5c per share in the comparable period last year, mainly owing to higher gold production and improved realised prices.Perry said the company spent about $7.6 million on exploration activities during the period that delivered high-grade results at its brownfields assets including Kumtor, Mount Milligan, Öksüt and Kemess (in British Columbia).Centerra's stock fell 17% to C$10.51 on Wednesday, at the higher end of its 12-month range of $4.83-$13.00, which capitalises the company at $3.12 billion. The updated 43-101 report will include studies to optimize the economics of the mine as well as incorporate results of exploration drilling through 2019.

Centerra’s principal operations are the Kumtor Gold Mine located in the Kyrgyz Republic, the Mount Milligan Gold-Copper Mine located in British Columbia, Canada, and the Öksüt Gold Mine located in Turkey. Indeed may be compensated by these employers, helping keep Indeed free for job seekers. Displayed here are job ads that match your query.

With these improvements and prudent water management, Centerra currently expects that Mount Milligan should not need to slow production in the first calendar quarter of 2020 to conserve water, as was required in the two prior years. Royal Gold is a precious metals stream and royalty company engaged in the acquisition and management of precious metal streams, royalties, and similar production-based interests. “Mount Milligan continues to demonstrate strong operating performance with good margins as is evidenced by operating costs in the second quartile of world-wide production costs.” All-in sustaining costs on a by-product basis were $557/oz, which was 18% lower than a year ago. Copyright © 2000-2020 Aspermont Media Ltd. All rights reserved. Centerra Gold jobs in Mount Milligan, BC. Centerra reported positive operating results at Mount Milligan for the quarter ended September 30, 2019, with production of 55,355 ounces of gold and 21.2 million pounds of copper, 6% lower and 67% higher, respectively, than the prior year quarter. Mining Journal and partners discuss the findings of Mining Journal's inaugural World Risk Report “The non-cash financial charges taken by Centerra today reflect their carrying cost of the Mount Milligan mine and does not impact the mine operating performance which recorded operating cash flow of $38.7 million and all-in-sustaining costs on a by-product basis of $557 per ounce of gold sold during the September quarter,” stated Tony Jensen, President and Chief Executive Officer. At September 30, 2019, the Company owned interests on 187 properties on five continents, including interests on 41 producing mines and 16 development stage projects. In addition, Centerra reported success in its groundwater exploration program, and subject to the receipt of permits, expects to bring new groundwater sources on line in December. With respect to water, Centerra noted on its conference call today that favorable rainfall combined with access to surface water during the year from Philip Lake 1 and Rainbow Creek has resulted in more than twice the amount of stored water volume than last year at this time.
In partnership with Olympus, you're invited to a webinar on Techniques for Rapid and Accurate Sample Analysis in the Field Indeed ranks Job Ads based on a combination of employer bids and relevance, such as your search terms and other activity on Indeed. For instant-access to all of Mining Journal Intelligence Research, For instant-access to all of Mining Journal Intelligence Research, Centerra also reported success in its groundwater exploration programme, and subject to receiving permits, expects to bring new groundwater sources online in December.With these improvements and prudent water management, Centerra currently expects that Mount Milligan should not need to slow production in the first calendar quarter of 2020 to conserve water, as was required in the two prior years.During the quarter, Mount Milligan produced 55,355oz gold and 21.2Mlb copper, 6% lower and 67% higher, respectively, than the prior-year quarter. Mill throughput averaged 55,727 t/d over the quarter, which was 36.6% higher than the prior year due to increased mill and water availability.Meanwhile, the company's cornerstone asset, Kumtor in the Kyrgyz Republic, had a strong quarter on the back of accessing higher-grade ore earlier than expected, producing 23% more gold year-on-year at 150,305oz. It is unclear at this point what impact, if any, the results of this work will have on the value of Royal Gold’s interests in the Mount Milligan operation. 136738101.