Thursday, May 22, 2014

Centerra’s Mongolian ops crippled

TORONTO ( – Canadian gold producer Centerra Gold this week reported that its Boroo mill, in Mongolia, would operate at about half its nameplate capacity for two weeks after the mill’s vacuum contractors broke.

The Toronto-based firm said that it had implemented a work-around, but that the mill would process stockpiled ore at a reduced rate until repairs have been made.

Centerra said that it had located the required parts.

The TSX-listed company said that it did not expect any material impact on the Boroo operation’s expected gold output for the year.

The Boroo operation is expected to produce about 45 000 oz of yellow metal this year.

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