TSX:CGMetals and Mining
Centerra Gold (TSX:CG): Assessing Valuation After Major Mount Milligan Life Extension and New Royal Gold Deal
Centerra Gold (TSX:CG) just dropped some major news for anyone following the stock. The company announced a pre-feasibility study confirming that the Mount Milligan mine will keep running until at least 2045, adding about 10 years to its life. On top of that, they are looking at boosting processing capacity by around 10% starting in 2029. There is also a fresh commercial agreement with Royal Gold that locks in cost support for gold and copper deliveries. All of this brings a new layer of...