Articles Tagged "TSX:CG"

Gold Takes a Spill and Picks Itself Up

Gold took a big hit mid-week when the US Federal Reserve suggested an end to quantitative easing, but the precious metal rallied on Thursday to regain some of the lost ground.

Centerra Sees Net Loss of $68 Million During Q4 2012

Centerra Gold Inc. (TSX:CG) released its year-end and fourth-quarter results for 2012, commenting that it recorded a net loss of $68 million, or $0.29 per share, during Q4. That's compared to net earnings of $79.4 million for the year-ago quarter.

Centerra Gold Responds to Media Reports Regarding Tax Regime, Environmental Charges for Kumtor

Centerra Gold Inc. (TSX:CG) has responded to media reports regarding their Kumtor Project, which among other things, said that there were recommendations for the Government of the Kyrgyz Republic to open negotiations for terms surrounding the governance of the Kumtor Project is governed, with the end goal of applying a new tax regime, and levying higher environmental charges.

Aurizon Recommends “No” to $780-million Takeover Offer

Aurizon has recommended that shareholders reject a $4.6-per-share hostile bid as "inadequate and opportunistic."

Gold Slide Continues as US Economy Improves

The approaching fiscal cliff and promising jobs data out of the United States conspired to pull down gold this week. A report from PwC, however, is bullish on the precious metal in 2013.