Centerra Gold Publishes 2024 Sustainability Report
TORONTO, June 05, 2025 (GLOBE NEWSWIRE) -- Centerra Gold Inc. ('Centerra' or the 'Company') (TSX: CG) (NYSE: CGAU) announces that it has published its 2024 Sustainability Report, which outlines the Company's performance on Environmental, Social and Governance ('ESG') topics. Key highlights and achievements from the report are included below. The full report can be accessed on Centerra's website at: www.centerragold.com/sustainability/overview/
Paul Tomory, President and Chief Executive Officer of Centerra, commented 'At Centerra, we continue to believe that responsible mining is a key driver of long-term value and profitable growth. In 2024, we achieved several key milestones in workplace health and safety, climate and environment, and governance and transparency. Our sustainability reporting continues to evolve, and we are committed to meeting rising expectations through increased transparency and alignment with accepted frameworks and standards.'
Environmental
Total global scope 1 and 2 greenhouse gas ('GHG') emissions were 137,719 and 34,727 tonnes of carbon dioxide equivalent ('tCO2e'), respectively. Emissions per ounce of gold produced at the Company's two main operating mines, Mount Milligan and Öksüt, was 0.28 tCO2e per ounce, which is well below the sector's weighted average emissions intensity of 0.66 tCO2e per ounce.
Centerra continued to implement its climate change strategy with a focus on economically feasible site-level decarbonization initiatives, refining climate risk scenario analysis, and strengthening climate disclosures.
Centerra completed a climate resiliency plan outlining key climate physical and transitional risk and opportunities across all operations.
Öksüt earned an ISO 50001 energy management system certification and attained certification from the International Cyanide Management Institute, confirming full compliance with the International Cyanide Management Code.
Mount Milligan implemented initiatives to improve mine water recycling to reduce freshwater intake volumes, further strengthening recycling and conservation goals.
Social
Reduced total reportable injury frequency rate to 0.71, down from 0.76 in the prior year.
Increased collaboration with Indigenous-owned businesses by 31% to 21 businesses, up from 16 in from 2023 and achieved 19% Indigenous employee representation across British Columbia operations.
Local procurement spending across all operating jurisdictions increased by 26% from 2023, for a total of $134 million spent in 2024.
Continued global talent management initiatives aimed at identifying and developing future leadership potential.
Governance
Centerra surpassed its 2026 gender diversity goal for a second year in a row with 38% female representation on the Board of Directors and 33% among officers of the Company.
Received independent assurance of conformance with the World Gold Council's Responsible Gold Mining Principles.
About Centerra Gold
Centerra Gold Inc. is a Canadian-based gold mining company focused on operating, developing, exploring and acquiring gold and copper properties in North America, Türkiye, and other markets worldwide. Centerra operates two mines: the Mount Milligan Mine in British Columbia, Canada, and the Öksüt Mine in Türkiye. The Company also owns the Kemess Project in British Columbia, Canada, the Goldfield Project in Nevada, United States, and owns and operates the Molybdenum Business Unit in the United States and Canada. Centerra's shares trade on the Toronto Stock Exchange ('TSX') under the symbol CG and on the New York Stock Exchange ('NYSE') under the symbol CGAU. The Company is based in Toronto, Ontario, Canada.
For more information:
Lisa WilkinsonVice President, Investor Relations & Corporate Communications(416) 204-3780Lisa.Wilkinson@centerragold.com
Additional information on Centerra is available on the Company's website at www.centerragold.com, on SEDAR+ at www.sedarplus.ca and EDGAR at www.sec.gov/edgar.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
15 minutes ago
- Yahoo
Should You Buy Pembina Pipeline While it's Below $60?
Written by Chris MacDonald at The Motley Fool Canada Pembina Pipeline (TSX:PPL) is among the top pipeline stocks I don't think gets enough love. There are reasons for this, with other prominent players in the energy infrastructure space generally taking up significant mind share for investors, and for good reason. That said, I think Pembina is an intriguing stock trading around 15% below the company's all-time high of roughly $60 per share. Let's dive into what to make of this stock at current levels and whether Pembina is worth adding as a long-term hold right now. Pembina is among the leading Canada-based pipeline companies providing extensive exposure to the energy sector in a much less volatile fashion than many energy producers. With a robust and integrated network of pipelines, export terminals and processing facilities, Pembina stands as a top option in this space for investors seeking defensive exposure in this market. That said, the company's fundamentals really stand out to me as a key reason why this is a stock that ought to be considered. In the company's first quarter, Pembina reported strong revenue and earnings growth, with top-line revenue rising a whopping 58%. The pipeline giant's earnings per share rose nearly 10% on this report, as Pembina's profitability and efficiency initiatives also flowed through to the bottom line. Yes, I would like to see more bottom-line growth from Pembina over time. But with this earnings surge, the company's dividend yield of 5.6% looks much more stable, and should position long-term investors well for whatever environment is ahead. Of course, I'm always on the lookout for stocks that have been unfairly beaten up. I don't think that's the case with Pembina at this juncture, considering the stock is pretty close to trading near its all-time high. That said, at this discount to Pembina's previous high, I can certainly see a strong case for why investors may want to consider this energy infrastructure play. In my books, Pembina is a top pipeline operator worth considering for those looking for more defensive dividend stocks in this environment. The post Should You Buy Pembina Pipeline While it's Below $60? appeared first on The Motley Fool Canada. Before you buy stock in Pembina Pipeline, consider this: The Motley Fool Stock Advisor Canada analyst team just identified what they believe are the Top Stocks for 2025 and Beyond for investors to buy now… and Pembina Pipeline wasn't one of them. The Top Stocks that made the cut could potentially produce monster returns in the coming years. Consider MercadoLibre, which we first recommended on January 8, 2014 ... if you invested $1,000 in the 'eBay of Latin America' at the time of our recommendation, you'd have $24,927.94!* Stock Advisor Canada provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month – one from Canada and one from the U.S. The Stock Advisor Canada service has outperformed the return of S&P/TSX Composite Index by 30 percentage points since 2013*. See the Top Stocks * Returns as of 6/23/25 More reading Made in Canada: 5 Homegrown Stocks Ready for the 'Buy Local' Revolution [PREMIUM PICKS] Market Volatility Toolkit Best Canadian Stocks to Buy in 2025 Beginner Investors: 4 Top Canadian Stocks to Buy for 2025 5 Years From Now, You'll Probably Wish You Grabbed These Stocks Subscribe to Motley Fool Canada on YouTube Fool contributor Chris MacDonald has no position in any of the stocks mentioned. The Motley Fool recommends Pembina Pipeline. The Motley Fool has a disclosure policy. 2025 Sign in to access your portfolio
Yahoo
30 minutes ago
- Yahoo
Is Donaldson Company, Inc. (NYSE:DCI) Trading At A 28% Discount?
The projected fair value for Donaldson Company is US$96.03 based on 2 Stage Free Cash Flow to Equity Donaldson Company's US$69.57 share price signals that it might be 28% undervalued Our fair value estimate is 33% higher than Donaldson Company's analyst price target of US$72.40 Today we will run through one way of estimating the intrinsic value of Donaldson Company, Inc. (NYSE:DCI) by taking the expected future cash flows and discounting them to their present value. The Discounted Cash Flow (DCF) model is the tool we will apply to do this. Don't get put off by the jargon, the math behind it is actually quite straightforward. We would caution that there are many ways of valuing a company and, like the DCF, each technique has advantages and disadvantages in certain scenarios. If you still have some burning questions about this type of valuation, take a look at the Simply Wall St analysis model. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. We're using the 2-stage growth model, which simply means we take in account two stages of company's growth. In the initial period the company may have a higher growth rate and the second stage is usually assumed to have a stable growth rate. To start off with, we need to estimate the next ten years of cash flows. Where possible we use analyst estimates, but when these aren't available we extrapolate the previous free cash flow (FCF) from the last estimate or reported value. We assume companies with shrinking free cash flow will slow their rate of shrinkage, and that companies with growing free cash flow will see their growth rate slow, over this period. We do this to reflect that growth tends to slow more in the early years than it does in later years. Generally we assume that a dollar today is more valuable than a dollar in the future, so we discount the value of these future cash flows to their estimated value in today's dollars: 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 Levered FCF ($, Millions) US$368.2m US$459.5m US$478.8m US$539.2m US$574.5m US$605.9m US$634.4m US$660.9m US$686.1m US$710.4m Growth Rate Estimate Source Analyst x2 Analyst x2 Analyst x1 Analyst x1 Est @ 6.55% Est @ 5.47% Est @ 4.71% Est @ 4.18% Est @ 3.81% Est @ 3.55% Present Value ($, Millions) Discounted @ 7.6% US$342 US$397 US$384 US$402 US$397 US$389 US$379 US$367 US$354 US$340 ("Est" = FCF growth rate estimated by Simply Wall St)Present Value of 10-year Cash Flow (PVCF) = US$3.7b After calculating the present value of future cash flows in the initial 10-year period, we need to calculate the Terminal Value, which accounts for all future cash flows beyond the first stage. The Gordon Growth formula is used to calculate Terminal Value at a future annual growth rate equal to the 5-year average of the 10-year government bond yield of 2.9%. We discount the terminal cash flows to today's value at a cost of equity of 7.6%. Terminal Value (TV)= FCF2034 × (1 + g) ÷ (r – g) = US$710m× (1 + 2.9%) ÷ (7.6%– 2.9%) = US$16b Present Value of Terminal Value (PVTV)= TV / (1 + r)10= US$16b÷ ( 1 + 7.6%)10= US$7.4b The total value is the sum of cash flows for the next ten years plus the discounted terminal value, which results in the Total Equity Value, which in this case is US$11b. In the final step we divide the equity value by the number of shares outstanding. Compared to the current share price of US$69.6, the company appears a touch undervalued at a 28% discount to where the stock price trades currently. Remember though, that this is just an approximate valuation, and like any complex formula - garbage in, garbage out. The calculation above is very dependent on two assumptions. The first is the discount rate and the other is the cash flows. You don't have to agree with these inputs, I recommend redoing the calculations yourself and playing with them. The DCF also does not consider the possible cyclicality of an industry, or a company's future capital requirements, so it does not give a full picture of a company's potential performance. Given that we are looking at Donaldson Company as potential shareholders, the cost of equity is used as the discount rate, rather than the cost of capital (or weighted average cost of capital, WACC) which accounts for debt. In this calculation we've used 7.6%, which is based on a levered beta of 1.087. Beta is a measure of a stock's volatility, compared to the market as a whole. We get our beta from the industry average beta of globally comparable companies, with an imposed limit between 0.8 and 2.0, which is a reasonable range for a stable business. Check out our latest analysis for Donaldson Company Strength Debt is not viewed as a risk. Dividends are covered by earnings and cash flows. Weakness Earnings declined over the past year. Dividend is low compared to the top 25% of dividend payers in the Machinery market. Opportunity Annual earnings are forecast to grow for the next 3 years. Trading below our estimate of fair value by more than 20%. Threat Annual earnings are forecast to grow slower than the American market. Valuation is only one side of the coin in terms of building your investment thesis, and it ideally won't be the sole piece of analysis you scrutinize for a company. It's not possible to obtain a foolproof valuation with a DCF model. Preferably you'd apply different cases and assumptions and see how they would impact the company's valuation. If a company grows at a different rate, or if its cost of equity or risk free rate changes sharply, the output can look very different. What is the reason for the share price sitting below the intrinsic value? For Donaldson Company, we've compiled three essential items you should assess: Financial Health: Does DCI have a healthy balance sheet? Take a look at our free balance sheet analysis with six simple checks on key factors like leverage and risk. Future Earnings: How does DCI's growth rate compare to its peers and the wider market? Dig deeper into the analyst consensus number for the upcoming years by interacting with our free analyst growth expectation chart. Other High Quality Alternatives: Do you like a good all-rounder? Explore our interactive list of high quality stocks to get an idea of what else is out there you may be missing! PS. Simply Wall St updates its DCF calculation for every American stock every day, so if you want to find the intrinsic value of any other stock just search here. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
44 minutes ago
- Yahoo
B&G Foods (NYSE:BGS) Has Some Way To Go To Become A Multi-Bagger
There are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'd want to identify a growing return on capital employed (ROCE) and then alongside that, an ever-increasing base of capital employed. Put simply, these types of businesses are compounding machines, meaning they are continually reinvesting their earnings at ever-higher rates of return. However, after investigating B&G Foods (NYSE:BGS), we don't think it's current trends fit the mold of a multi-bagger. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. For those who don't know, ROCE is a measure of a company's yearly pre-tax profit (its return), relative to the capital employed in the business. Analysts use this formula to calculate it for B&G Foods: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.073 = US$200m ÷ (US$3.0b - US$229m) (Based on the trailing twelve months to March 2025). Thus, B&G Foods has an ROCE of 7.3%. In absolute terms, that's a low return and it also under-performs the Food industry average of 10%. Check out our latest analysis for B&G Foods Above you can see how the current ROCE for B&G Foods compares to its prior returns on capital, but there's only so much you can tell from the past. If you'd like, you can check out the forecasts from the analysts covering B&G Foods for free. There hasn't been much to report for B&G Foods' returns and its level of capital employed because both metrics have been steady for the past five years. It's not uncommon to see this when looking at a mature and stable business that isn't re-investing its earnings because it has likely passed that phase of the business cycle. So unless we see a substantial change at B&G Foods in terms of ROCE and additional investments being made, we wouldn't hold our breath on it being a multi-bagger. On top of that you'll notice that B&G Foods has been paying out a large portion (113%) of earnings in the form of dividends to shareholders. Most shareholders probably know this and own the stock for its dividend. In a nutshell, B&G Foods has been trudging along with the same returns from the same amount of capital over the last five years. It seems that investors have little hope of these trends getting any better and that may have partly contributed to the stock collapsing 74% in the last five years. All in all, the inherent trends aren't typical of multi-baggers, so if that's what you're after, we think you might have more luck elsewhere. On a final note, we found 2 warning signs for B&G Foods (1 doesn't sit too well with us) you should be aware of. While B&G Foods may not currently earn the highest returns, we've compiled a list of companies that currently earn more than 25% return on equity. Check out this free list here. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
