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Recent Updates — CGAU

July 28, 2026View Source ↗

Centerra Gold Inc. reported net earnings of $151.5 million for the six months ended June 30, 2026, a 53% increase from $99.0 million in the prior year period. Revenue rose 58% to $927.4 million, driven by higher realized gold and copper prices and increased production volumes. The company generated $186.3 million in operating cash flow and $26.1 million in free cash flow. Centerra repurchased 4.2 million shares for $72.2 million under its Normal Course Issuer Bid program. The company extended its revolving credit facility to $600 million maturing in July 2030. Additionally, Centerra appointed Kelly Strong as Executive Vice President and Chief Operating Officer, effective August 17, 2026. Centerra Gold Inc. operates, develops, explores, and acquires gold and copper properties in North America and Türkiye, and owns a molybdenum business unit.

July 28, 2026View Source ↗

Centerra Gold reported second quarter 2026 net earnings of $72.1 million, or $0.37 per share, up from $68.6 million in the prior-year period. Consolidated gold production reached 70,727 ounces, prompting the company to increase its 2026 full-year gold production guidance to 260,000–290,000 ounces. The Board approved expanding the 2026 share repurchase program to $200 million, following $49.7 million in buybacks during the quarter. Additionally, the company upsized its revolving credit facility to $600 million with an extended maturity to July 2030. Kelly Strong was appointed Executive Vice President and Chief Operating Officer, effective August 17, 2026. Centerra Gold is a gold and copper producer and developer.

July 15, 2026View Source ↗

On July 15, 2026, Centerra Gold Inc. amended its revolving credit facility to increase the total size from US$400 million to US$600 million and extend the maturity date to July 15, 2030. The amendment improved the interest rate margin to a range of 1.875% to 3.000% over SOFR, down from 2.25% to 3.25%. As of the announcement date, no funds were drawn under the facility. The credit line is led by The Bank of Nova Scotia and National Bank of Canada and will support working capital, investments, acquisitions, and capital expenditures. Centerra Gold is a gold mining company that operates and develops gold and copper properties globally.