Mineweb: Centerra Gold hits 2011 target with 642,380 gold ounces

Centerra Gold Tuesday forecast 2012 consolidated gold production ranging from 635,000 to 685,000 ounces, compared to 2011 consolidated gold production of 642,380 ounces including 583,156 ounces of gold from the Kumtor mine and 59,224 ounces from the Boroo mine. Last year’s gold production was within Centerra’s 2011 guidance of 640,000 to 660,000 ounces. Kumtor is expected to produce between 575,000 to 625,000 ounces of gold this year while gold production at Boroo is predicted to be 60,000 ounces. As much as 43% of Kumtor’s gold production is expected to be mined in the fourth quarter. To read the full article, click hereCenterra Gold hits 2011 target with 642,380 gold ounces

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