Centerra Gold Inc

TSX:CGCanadaView on NYSE

Sep 12, 2024

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• Centerra Gold Edges Up as a Feasibility Study Backs a Restart of its Thompson Creek Molybdenum Mine, from 5:27PM ET on Thursday Sep 12, 2024 by MT Newswires

  5:27PM ET on Thursday Sep 12, 2024 by MT Newswires
  Companies Mentioned: CG
  05:27 PM EDT, 09/12/2024 (MT Newswires) -- Centerra Gold (CG.TO, CGAU) edged up in after-hours New York trading after the company said a feasibility study for its Thompson Creek mine showed the site can support a US$397 million mining project produc...

• Centerra Gold Announces Thompson Creek Feasibility Study Results and Strategic Plan for US Molybdenum Operations, Including a Restart of the Thompson Creek Mine and Ramp-Up of Langeloth, from 5:00PM ET on Thursday Sep 12, 2024 by Dow Jones

  5:00PM ET on Thursday Sep 12, 2024 by Dow Jones
  Companies Mentioned: CG
  
  The following is a description of the non-GAAP financial measures and non-GAAP ratios used in this document:
  -- EBITDA is a non-GAAP financial measure that represents earnings before interest, taxes, depreciation, and amortization. It is calculated by adjusting earnings from operations as recorded in the consolidated statements of earnings by depreciation and amortization. Management uses this measure to monitor and plan for the operating performance of the Company in conjunction with other data prepared in accordance with IFRS. -- Free cash flow (deficit) is a non-GAAP financial measure calculated as cash provided by operating activities from continuing operations less property, plant and equipment additions. A reconciliation of free cash flow to the nearest IFRS measures is set out below. Management uses this measure to monitor the amount of cash available to reinvest in the Company and allocate for shareholder returns. -- Sustaining capital expenditures and Non-sustaining capital expenditures are non-GAAP financial measures. Sustaining capital expenditures are defined as those expenditures required to sustain current operations and exclude all expenditures incurred at new operations or major projects at existing operations where these projects will materially benefit the operation. Non-sustaining capital expenditures are primarily costs incurred at 'new operations' and costs related to 'major projects at existing operations' where these projects will materially benefit the operation. A material benefit to an existing operation is considered to be at least a 10% increase in annual or life of mine production, net present value, or reserves compared to the remaining life of mine of the operation. A reconciliation of sustaining capital expenditures and non-sustaining capital expenditures to the nearest IFRS measures is set out below. Management uses the distinction of the sustaining and non-sustaining capital expenditures as an input into the calculation of all-in sustaining costs per ounce and all-in costs per ounce. -- All-in sustaining costs per molybdenum pound sold is a non-GAAP financial measure that includes all operating costs, comprising of all stripping costs, capital costs and treatment costs. This measure incorporates costs incurred during the production phase. Management uses this measure to monitor and plan for the operating performance of the Company in conjunction with other data prepared in accordance with IFRS.