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Centerra buys Goldfield Nevada project for US$206.5M

Centerra Gold has entered into an to acquire the Goldfield project from Waterton Global Resource Management for US$206.5 million comprising $175 million in cash at closing and $31.5 million in future milestone payment payable in cash or Centerra shares.

Centerra buys Goldfield Nevada project for US$206.5M Centerra buys Goldfield Nevada project for US$206.5M Centerra buys Goldfield Nevada project for US$206.5M Centerra buys Goldfield Nevada project for US$206.5M Centerra buys Goldfield Nevada project for US$206.5M

Goldfield is a conventional open-pit, heap leach project in late-stage development which contains the Gemfield, Goldfield Main and McMahon Ridge deposits.