{"id":1015585,"date":"2026-10-29T20:25:06","date_gmt":"2026-10-30T00:25:06","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/centerra-gold-reports-third-quarter-2026-results-full-year-aisc-guidance-on-a-by-product-basis-lowered-at-mount-milligan-following-continued-operational-execution-record-quarterly-share-buybacks-and\/"},"modified":"2026-10-29T20:25:06","modified_gmt":"2026-10-30T00:25:06","slug":"centerra-gold-reports-third-quarter-2026-results-full-year-aisc-guidance-on-a-by-product-basis-lowered-at-mount-milligan-following-continued-operational-execution-record-quarterly-share-buybacks-and","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/centerra-gold-reports-third-quarter-2026-results-full-year-aisc-guidance-on-a-by-product-basis-lowered-at-mount-milligan-following-continued-operational-execution-record-quarterly-share-buybacks-and\/","title":{"rendered":"Centerra Gold Reports Third Quarter 2026 Results; Full-Year AISC Guidance on a By-Product Basis Lowered at Mount Milligan Following Continued Operational Execution; Record Quarterly Share Buybacks and Continued Advancement of Self-Funded North American Growth Strategy"},"content":{"rendered":"
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\n This news release contains forward-looking information about expected future events that is subject to risks and assumptions set out in the \u201cCautionary Statement on Forward-Looking Information\u201d below. All figures are in United States dollars. All production figures reflect payable metal quantities and are on a 100% basis, unless otherwise stated. For references denoted with NG, refer to the \u201cNon-GAAP and Other Financial Measures\u201d disclosure at the end of this news release for a description of these measures.<\/em>\n <\/p>\n

TORONTO, Oct. 29, 2026 (GLOBE NEWSWIRE) — Centerra Gold Inc. (\u201cCenterra\u201d or the \u201cCompany\u201d) (TSX: CG and NYSE: CGAU) today reported its third quarter 2026 operating and financial results.<\/p>\n

President and CEO, Paul Tomory, commented, \u201cThis quarter\u2019s results reflect consistent execution at our operations. Mount Milligan delivered a fourth consecutive quarter on plan and remains on track to achieve its 2026 production guidance. Strong copper by-product credits have enabled us to lower Mount Milligan\u2019s full-year guidance for all-in sustaining costs on a by-product basisN<\/sup>G<\/sup>, while \u00d6ks\u00fct continues to track in line with its previously increased full-year production guidance and original cost guidance ranges. We are pleased with our cost performance in the quarter and year-to-date, particularly in an environment of continued industry cost pressures. During the quarter, we also achieved a record level of share repurchases, reinforcing our commitment to returning capital to shareholders and our disciplined approach to capital allocation.\u201d<\/p>\n

Paul Tomory continued, \u201cOur growth pipeline is moving closer to several important milestones. At Thompson Creek, we remain on track for first molybdenum production in mid-2027, less than one year away and in a constructive price environment, and we expect to deliver the restart project within our capital cost estimate. Development work at Goldfield continues to advance well with critical long-lead items procured and site establishment activities now underway, and the Kemess Pre-Feasibility Study is progressing towards completion in mid-2027. At \u00d6ks\u00fct, work on our Life of Mine Optimization study is well underway with results expected in early 2027 alongside our year-end disclosures. We remain confident in Centerra\u2019s long-term outlook, with a continued focus on operational execution and the advancement of our self-funded North American growth strategy to deliver long-term value for shareholders.\u201d<\/p>\n

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\n Third Quarter 2026 Highlights<\/u>
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\n Operations<\/strong>\n <\/p>\n