Financial Performance - The company reported Q2 2025 earnings per share (EPS) of $0.33 and adjusted EPS of $0.26[17] - The company's cash and cash equivalents stood at $522 million as of June 30, 2025, with total liquidity of $922 million[17] - The company returned $27 million to shareholders through buybacks in Q2 2025, an 80% increase from the previous quarter[17] - H1 2025 shareholder returns included $20.6 million in dividends and $42.0 million in buybacks[17] Production and Costs - Q2 2025 consolidated gold production was 63,311 ounces, and copper production was 12.4 million pounds[17] - Gold production costs were $1,308 per ounce, and all-in sustaining costs (AISC) on a by-product basis were $1,652 per ounce[17] - Mount Milligan produced 35,058 ounces of gold and 12.4 million pounds of copper in Q2 2025[30] - Öksüt Mine produced 28,253 ounces of gold in Q2 2025[37] Goldfield Project - The Goldfield project is expected to yield $245 million after-tax NPV5% and a 30% IRR based on a gold price of $2,500 per ounce[18] - The Goldfield project has an initial capital cost of $252 million[24] - The Goldfield project is expected to have an average annual production of 100,000 ounces of gold in peak years (2029-2032), with an AISC of $1,392 per ounce[24] Thompson Creek Restart - Q2 2025 non-sustaining capital expenditures for the Thompson Creek restart were $27 million, bringing the total since the restart decision to $82 million[45] - The company anticipates total initial capital estimates of $397 million for the Thompson Creek restart[45]
Centerra Gold (CGAU) - 2025 Q2 - Earnings Call Presentation