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BRIEF-Centerra Gold reports 2017 first quarter net earnings of $57 million

Published 2017-05-01, 08:24 p/m
© Reuters.  BRIEF-Centerra Gold reports 2017 first quarter net earnings of $57 million
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May 1 (Reuters) - Centerra Gold Inc CG.TO

* Centerra Gold reports 2017 first quarter net earnings of $57 million

* Q1 earnings per share $0.20

* Q1 revenue $285.3 million versus I/B/E/S view $240 million

* Q1 earnings per share view $0.10 -- Thomson Reuters I/B/E/S

* Centerra Gold Inc - on track to achieve 2017 production and cost guidance

* Qtrly total gold production of 172,644 ounces

* Centerra Gold Inc - continues to advance its discussions with Government of Kyrgyz Republic to resolve all outstanding issues affecting Kumtor project

* Expects to obtain access to Sarytor ore in second half of 2017

* 2,000 metres of diamond drilling is planned for Q2 of 2017

* Centerra Gold - entered into agreements to earn interest in joint venture exploration properties located in Portugal, Canada, Mexico, Sweden and Nicaragua Source text for Eikon: Further company coverage: CG.TO

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