CA - Centerra Gold provides 2022 production highlights and Q3 guidance
- Centerra Gold ( NYSE: CGAU ) announces Q4 gold production was 53,222 ounces solely from the Mount Milligan Mine.
- FY 2022 gold production was 243,868 ounces, including 189,177 ounces of gold produced by the Mount Milligan Mine and 54,691 ounces produced by the Öksüt Mine. Additionally, ~100,000 recoverable ounces was processed into gold-in-carbon form in 2022 and remains stored at the Öksüt Mine.
- Copper production was 16.9M pounds in Q4 and 73.9M pounds for the FY 2022.
- 2023 Guidance : Gold production of 160,000 to 170,000 ounces; Copper production of 60 to 70M pounds; Gold production costs per ounce - $900 to $950; AISC on a by-product basis per ounce - $1,075 to $1,125; AIC on a by-product basis per ounce - $1,125 to $1,175; Additions to PP&E - $65 to $70M; Total capital expenditures - $65 to $70M.
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Centerra Gold provides 2022 production highlights and Q3 guidance