PROFIT & LOSS

Water pressure on Centerra results

Centerra Gold (TSX: CG) says it exceeded 2018 consolidated gold production and cost guidance but reported lower net earnings than in 2017 and reduced gold reserves.

Staff reporter
 Centerra’s Kumtor operations

Centerra’s Kumtor operations

The company said its full-year earnings were US$107.5 million or 37c per share, compared with $209.5 million or 72c in 2017. It said the drop in earnings reflected the impact of reduced capacity at...

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