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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.

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

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.