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Centerra gains US$200m from royalty and silver stream sale

Toronto-based gold miner Centerra Gold (TSX: CG) is bolstering its finances to help fund development plans through the US$200 million sale of its royalty portfolio and the silver stream from the Kemess project in Canada.

Staff reporter
The Kemess project

The Kemess project

Centerra had gained both the portfolio and feasibility-stage Kemess copper-gold project from its acquisition of AuRico Metals, which was completed in January. Centerra president and CEO Scott Perry...

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