Month: August 2018

McEwen Mining Appoints Chris Stewart as President and COO

“McEwen Mining is in a growth phase that relies heavily on engineering and execution of projects. In addition to growing organically, we seek opportunities to expand our production and resource base. Chris is an ideal executive to lead our organic growth initiatives, as well as evaluate and execute on acquisitions,” said Rob McEwen, Chairman and Chief Owner.

Centerra Gold Records Second Quarter 2018 Net Earnings of $43.5 million; Closes Sale of Royalty Portfolio; and Öksüt Construction on Track for First Gold Pour in Early 2020

Centerra Gold Inc. (TSX: CG) today reported net earnings of $43.5 million or $0.15 per common share on revenues of $243.3 million in the second quarter of 2018. The second quarter of 2018 results include a pre-tax gain of $28.0 million on the sale of the Company’s royalty portfolio and $9.4 million on the recognition of the final instalments from the sale of the Altan Tsagaan Ovoo property.

Major Drilling Group International Inc. is one of the world’s largest drilling services companies primarily serving the mining industry. Established in 1980, Major Drilling has over 1,000 years of combined experience and expertise within its management team alone.

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