"The extent of any change in reserves and resources cannot be precisely determined until all of the relevant studies and modelling are completed, including studies to optimise the economics of the mine and further work to incorporate results of the company's exploration drilling in 2019. “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.”

The mill processed higher grades at 3.8g/t, compared with 3g/t a year earlier, with positive grade reconciliations and higher gold recoveries.Centerra's AISC on a by-product sold basis, which excludes revenue-based tax and income tax, decreased to $666/oz from $698/oz a year ago.Centerra confirmed it expected to pour first gold at its $240 million Öksüt project in Turkey by January.

Mill throughput averaged 55,727 tonnes per day over the quarter, which was 36.6% higher than the prior year quarter due to increased mill and water availability. Construction is now 79% complete. 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 … 08096447. 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. 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. 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. All-in sustaining costs on a by-product basis were $557 per ounce, which was 18% lower than the prior year quarter. 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. The Mount Milligan Mine is a conventional truck-shovel open-pit copper and gold mine and concentrator with a 60,000 tpd design capacity copper flotation processing plant. Centerra Gold's Mount Milligan copper-gold mine in British Columbia, Canada, weighed on its Q3 financials “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. 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. 136738101. Royal Gold is publicly traded on the Nasdaq Global Select Market under the symbol “RGLD.” The Company’s website is located at However, based upon the work performed in connection with the impairment test, the company's expectation is that Mount Milligan's mineral reserves and resources will be materially reduced," Perry said.Perry said on the call enough rainfall combined with increased access to surface water during the year from Philip Lake 1 and Rainbow Creek had resulted in more than twice the amount of stored water volume than last year at this time. Indeed may be compensated by these employers, helping keep Indeed free for job seekers. 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. Company No. Centerra Gold jobs in Mount Milligan, BC. Global Leadership Report shows communication is core quality Indeed ranks Job Ads based on a combination of employer bids and relevance, such as your search terms and other activity on Indeed. 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. Kumtor in the frame as COVID-19 situation evolves Centerra Gold Inc, a gold mining and exploration company, engages in the acquisition, exploration, development, and operation of gold and copper properties in North America, Asia, and internationally. 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. Centerra also reported that issues identified with decreasing long-term recoveries and increased costs in the short to medium-term have led it to record an impairment charge against the carrying value of the Mount Milligan mine using a financial analysis under applicable accounting standards, and it has begun a comprehensive technical review of the operation with the objective of publishing an updated 43-101 technical report in the coming months.