CGAU · CENTERRA GOLD IN Q2 FY2026 earnings call record财报电话会记录

“In the second quarter, we completed $50 million in share buybacks and approved up to $200 million in share repurchases for the full year 2026, reinforcing our commitment to shareholder returns.”

“While these actions increase our 2026 CapEx program to between $60 million and $70 million, they reduce execution risk, secure current pricing, and support successful project delivery.”

“We worked to strengthen the local economies where we operate by increasing local procurement spending by 43% year-over-year to $191 million in 2025, expanding our partnerships with Indigenous-owned businesses in British Columbia, and investing $3.1 million in community programs and donations.”

“All-in Sustaining Costs on a by-product basis were $1,269 per ounce in Q2, impacted by higher sustaining CapEx.”

“Reflecting Öksüt's strong performance through the H1 of 2026, we have increased our full year gold production guidance to between 120,000 and 135,000 ounces, representing a 9% increase at the midpoint from our previous guidance.”

“Since the September 2024 restart decision, capital expenditures have totaled $256 million.”

“We have published our full year guidance at Langeloth, and we are expecting 11 million to 13 million pounds of roasted Moly production and 15 million - 17 million pounds of sales.”

“In the second quarter, we generated cash flow from operations of $66 million and had a free cash flow deficit of $23 million.”

“In the second quarter, Mount Milligan generated $118 million in cash from operations and $89 million in free cash flow.”

“Turkish oil and gas comes in through pipeline from Azerbaijan, so it's not directly impacted by supplies coming out of the Middle East.”

“Can you comment on any inflationary CapEx risk as we enter the final 12 months of development, and maybe any steps that you might be taking to mitigate?”

“Could we see debt being used for some of these concurrent project items, or is cash on hand going to be directed to buybacks while debt could be used for project development, or is it just for a margin of safety?”