Centerra Gold Inc. Q3 2025 Financial Results and Impairment Reversal

Centerra Gold Inc. reported its financial results for the third quarter of 2025, highlighting a significant impairment reversal of $193.5 million related to the Goldfield Project. The company's net earnings for the quarter were $292.2 million, driven by strong gold, copper, and molybdenum revenues. The impairment reversal was due to improved project economics following a technical study and increased long-term gold prices. Centerra also announced the construction of the Goldfield Project, which is expected to extend the mine's life by approximately 10 years. The company's financial position remains robust, with cash and cash equivalents of $561.8 million as of September 30, 2025.