Did Kemess PEA’s US$1.1B NPV and Expanded Resource Just Shift Centerra Gold’s (TSX:CG) Investment Narrative?
Centerra Gold Inc. has released an updated mineral resource and Preliminary Economic Assessment for its Kemess project in British Columbia, outlining an after-tax net present value (5%) of US$1.1 billion, 3.3 million ounces of indicated gold, and 1.1 billion pounds of indicated copper within a proposed 15-year mine life. The combination of an expanded resource, concurrent open-pit and underground mining, and an expected 14% improvement in gold recovery highlights how process upgrades and...
Centerra Gold Inc. has released an updated mineral resource and Preliminary Economic Assessment for its Kemess project in British Columbia, outlining an after-tax net present value (5%) of US$1.1 billion, 3.3 million ounces of indicated gold, and 1.1 billion pounds of indicated copper within a proposed 15-year mine life. The combination of an expanded resource, concurrent open-pit and underground mining, and an expected 14% improvement in gold recovery highlights how process upgrades and...