Centerra Gold (TSE:CG) has released an update.
Centerra Gold has unveiled a strategic plan to revitalize its US Molybdenum Operations, with a focus on restarting the Thompson Creek Mine and ramping up the Langeloth Metallurgical Facility. The integrated operations are projected to yield a robust annual EBITDA and an after-tax NPV8% of $472 million, indicating a strong financial future for the company’s molybdenum business.
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