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Oksut mine halt eclipses Centerra Gold’s Q1 results

Posted by ipso facto @ 10:10 on May 5, 2022  

Centerra Gold (TSX: CG) (NYSE: CGAU) saw first quarter results hit by the suspension of its Öksüt mine in Turkey, which adsorption-desorption recovery (ADR) plant has been out of commission since March 18, with no clear timeline for its reopening.

The Canadian gold miner posted net earnings of $89.4 million in the first three months of the year, compared to $167.4 million in the first quarter of 2021.

Oksut mine halt eclipses Centerra Gold’s Q1 results

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.