Centerra Gold stock price increases by 2.03 percent

2017-11-08 10:43 GMT+8

The Government of Mongolia has stated that audits are being conducted of the nation's strategic mines, under the direction of Parliament's State Budget Committee, including the Boroo and Gatsuurt mines.

After the government's statement was made, on November 6, stock prices for Centerra Gold (full owner of the Gatsuurt mine) rose by 2.03 percent on the Toronto Stock Exchange, reaching 8.05 CAD.

Centerra Gold updated the Gatsuurt project's technical and economic feasibility study last October, and it is estimated that the project holds 1.3 million ounces of open-pit mining gold reserves.

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