Business
Centerra Gold Reports Fourth Quarter and Full Year 2025 Results; Delivered Robust Annual Production and Beat Cost Guidance; 2026 Outlook Remains Strong as Centerra Executes its Self-Funded Growth Strategy
This news release contains forward-looking information about expected future events that is subject to risks and assumptions set out in the “Cautionary Statement on Forward-Looking Information” 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 “Non-GAAP and Other Financial Measures” disclosure at the end of this news release for a description of th
About this update from Centerra Gold Inc.
[{"type":"image","alt":"Centerra Gold Inc","displaySize":"","headline":null,"caption":"Centerra Gold Inc","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":154,"url":"https://media.zenfs.com/en/globenewswire.com/f3187da3b6167dfe75dfdddbbb627e65"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/61XqGR3hLBsqoKvg9vJf2g--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTIxNjtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/f3187da3b6167dfe75dfdddbbb627e65","width":300,"height":154}},"lazy":false},{"type":"text","content":" This news release contains forward-looking information about expected future events that is subject to risks and assumptions set out in the “Cautionary Statement on Forward-Looking Information” 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 “Non-GAAP and Other Financial Measures” disclosure at the end of this news release for a description of these measures.","length":513,"tagName":"p"},{"type":"text","content":"TORONTO, Feb. 19, 2026 (GLOBE NEWSWIRE) -- Centerra Gold Inc. (“Centerra” or the “Company”) (TSX: CG and NYSE: CGAU) today reported its fourth quarter and full year 2025 operating and financial results and issued 2026 guidance.","length":227,"tagName":"p"},{"type":"text","content":"President and CEO, Paul Tomory, commented, “In the fourth quarter, we delivered strong production and outperformed our cost guidance, reflecting solid operational execution at Mount Milligan and Öksüt. During the quarter, both operations generated robust cash flow from operations, supporting strong free cash flow and reinforcing the quality of our portfolio. We ended the year with a cash balance of $529 million and an equity investment portfolio valued at over $115 million. This demonstrates our disciplined capital allocation strategy and highlights our ability to continue investing in the Thompson Creek restart project and our broader organic growth pipeline, including Mount Milligan, Kemess and Goldfield, while returning record capital to shareholders including $30 million in share buybacks in the fourth quarter and a consistent quarterly dividend of $10 million.”","length":878,"tagName":"p"},{"type":"text","content":"“Looking ahead to 2026, our production and cost guid...