MarketWatch / marketwire: Centerra Gold Reports 2011 Results

Centerra Gold Inc. today reported fourth quarter 2011 net earnings of $79.4 million or $0.34 per common share based on revenues of $248.0 million, compared to net earnings of $150.8 million or $0.64 per common share on revenues of $322.3 million in the same quarter of 2010 due to lower gold sales in the period. Fourth quarter of 2010 results reflect the back-ended production profile at Kumtor, which accounted for 40% of Kumtor’s annual gold production and 37% of its gold sales for the year. To read the full article, click hereCenterra Gold Reports 2011 Results

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