Centerra Gold reported third-quarter adjusted net earnings of $72 million, or $0.37 per share, with operating cash flow of $143 million and free cash flow of $17 million. The company bought back a record $53 million of shares in the quarter, bringing year-to-date repurchases to $125 million, and declared a quarterly dividend of $0.07 per share. Mount Milligan's third-quarter all-in sustaining cost on a byproduct basis was $985 per ounce, and full-year guidance was lowered to $1,100–$1,200 per ounce from $1,200–$1,300, supported by copper by-product credits. The Thompson Creek restart is about 75% complete with first molybdenum production expected in mid-2027, though molybdenum prices cannot be hedged and Mount Milligan costs are tracking about 5% above budget. Cash fell roughly $50 million in the quarter, and the company plans to hold only $100–$200 million in cash, with total liquidity of $998 million.
Summary written by Upside AI from the original article. Read the source for full details.
Read the original on Yahoo Finance ↗
Keywords
goldminingearningsshare buybacks
Open a keyword to see other news on the same topic.
Related tickers and likely impact
XAU/USD
• NeutralRelevance: low
| Market | Gold |
|---|---|
| Close on 10/30/2026 | 3,875.51 |
| Change that session | -3.63% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- September 2026 Quarterly Results
Westgold Resources (ASX: WGX) reported Q1 FY27 results for the quarter ending 30 September 2026, with gold production of 98.4koz at an AISC of A$2,912/oz and no lost time injuries, while LTIFR fell to 1.17 per million hours worked. Mine operating cash flow reached A$292M and the underlying Treasury build was A$251M, lifting cash, bullion and liquid investments to A$1,040M; the company remains debt free and fully unhedged. Group Ore Reserves rose 41% to 4.1Moz, and the company remains on track for FY27 guidance of 385–425koz at an AISC of A$2,980–A$3,380/oz. During the quarter it bought back A$22M of shares under a A$50M FY27 on-market buy-back, and introduced a policy with a minimum annual return of 3 cents per share.
- Alamos Gold's 2027 Outlook: Production Set to Jump as an $835 Million Expansion Wraps Up
Alamos Gold's shares have fallen this year after a seismic event at its underground Young-Davidson mine and delayed leach recoveries at La Yaqui Grande. The stock trades at $27.45, down 12% over the past year. Hidden Gems' AI-powered scoring gives the company a Superscore of 87 out of 100 (Strong), ahead of roughly 98 of every 100 companies in its database. Strengths cited include record revenue of $1.8 billion, $352 million in free cash flow, a 44% operating margin in fiscal 2025, and seven consecutive years of reserve growth. Risks noted include mining's operational volatility, execution on the Magino mill and Island Gold shaft projects, dependence on gold prices, and a trailing P/E of 13.16.
- Vimico General Director Faces Criminal Charges
TKV Minerals Corporation - JSC (Vimico, ticker KSV) disclosed that it received a decision to initiate criminal proceedings against its General Director, Trịnh Văn Tuệ, for “accepting bribes” under Article 354 of the Criminal Code. The Board of Directors dismissed Mr Tuệ as General Director effective October 29 and assigned Deputy General Director Lý Xuân Tuyên to act as General Director and legal representative. Mr Tuệ, born in 1972, became General Director in March 2018 and was re-elected to the KSV Board for 2025–2030 in April 2025. On October 30, the Board also approved convening an extraordinary 2026 general meeting of shareholders, planned for December 15, but has not disclosed its agenda. Q3 net revenue reached over 9,453 billion VND, up 144%, and profit after tax nearly 2,566 billion VND, up 332%, driven by higher average selling prices of copper, gold and silver.
- What Bears Saw Before Galiano Gold Slid
Investors who held Galiano Gold from the start of the year are down 23.3% including dividends, with shares falling from CA$3.49 to about CA$2.7. A bullish view set fair value at CA$4.2 based on higher gold prices, Abore drilling and plant upgrades, while a bearish view put it at CA$2.49, citing ESG pressures, Ghana political and regulatory risk and higher operating costs. Galiano secured long-term extensions for the Abirem and Miradani mining leases at Asanko, supporting the mine-life case. Q2 2026 revenue rose to US$183.745m from US$84.795m, with net income of US$61.877m and a 33.7% net margin. The article notes that all-in sustaining cost guidance of $2,300 to $2,600 per ounce, driven by Ghana's sliding-scale royalty regime and elevated diesel prices, may compress net margins even if production rises.
- Buenaventura Mining Q3 Earnings Call Highlights
Buenaventura Mining (NYSE: BVN) reported third-quarter 2026 revenue up 27% to $545 million, EBITDA from direct operations up 34% to $261 million, and net income up 50% to $268 million. Free cash flow reached $242 million, the company held about $1 billion in cash, and the board approved an interim dividend of $0.5508 per share or ADS. Copper output rose 7% to 13,600 metric tons on higher El Brocal throughput, while gold fell 6% and silver fell 21%, with costs higher due to a more selective mining method and the shift to an owner-operated fleet. San Gabriel's ramp-up is constrained by filtered-tailings drying and compaction capacity rather than the processing plant, and the company aims to reach nameplate capacity by the end of 2028, with annual gold output projected at 110,000–120,000 ounces.
- AEM Q3 Earnings Call Highlights Growth Plans and Cost Pressures
AEM reported third-quarter 2026 earnings of $2.61 per share, above the Zacks Consensus Estimate of $2.47, with revenue of $3.58 billion. Gold production was 814,012 ounces, with total cash costs of $1,133 per ounce and all-in sustaining costs of $1,648 per ounce, as higher diesel prices added about $30 per ounce to cash costs versus budget. Management maintained guidance, expects 2026 output near the lower end of 3.3-3.5 million ounces, and reiterated plans to raise annual gold production 20% to 30% over the next decade through four projects adding 1.3-1.5 million ounces a year by the mid-2030s. The company ended September with about $3.4 billion in net cash and $852 million of quarterly free cash flow, supporting $478 million in shareholder distributions and expecting distributions above 50% of 2026 free cash flow. Analysts questioned 2027 costs, and management called 5%-6% cost inflation a reasonable modeling assumption while labor availability is a longer-term challenge.
Related markets
Latest news
- Apple earnings: what to look for from AAPL
Apple (NASDAQ:AAPL) will report results on Monday afternoon. Last quarter, the company posted revenue of $109.4 billion, up 16.4% year on year, beating analysts' revenue expectations and showing a solid beat on EPS estimates. The market expects revenue growth of 10.8% year on year this quarter, up from the 7.9% gain in the same quarter last year. Analysts have generally reconfirmed their estimates over the past 30 days, and Apple rarely misses Wall Street's revenue estimates.
- Stocks Are Entering Their Historically Strongest Stretch -- But There May Be a Catch This Year
According to Yardeni Research, the S&P 500 (^GSPC) has averaged a 1% gain in November and nearly 1.3% in December, and has posted gains in about two out of three of these two-month periods over the past century. From November to April, the index has averaged a net gain of more than 5%, with nearly 1.4% in its final month. The article argues this year may be an exception: the Fed kept its Fed Funds Rate target range at 3.75% to 4%, while CME FedWatch data shows an 85% chance of a quarter-point rate hike in early December. The author sees short-term rate swings as noise and says investors should focus on high-quality companies for long-term results, though the S&P 500's valuation at 23 times trailing earnings leaves it vulnerable to setbacks.
- Amazon Stock Fell After Earnings. Jim Cramer Says Buy Right Here
Amazon shares fell after third-quarter results, as revenue of $201.94B came in just below the $202.20B estimate and EPS of $1.89 missed the $1.96 consensus. Fourth-quarter sales guidance of $240.0B to $247.0B was below estimates at the midpoint, while capex reached $77.26B in the quarter and trailing free cash flow was an outflow of $42.4B. On the other side, operating income rose 61.15% to $28.08B, a 13.9% operating margin the company called its highest ever, and AWS revenue grew 39.3% to $46B with a $578B backlog. CEO Andy Jassy forecast AWS growth above 40% in 2027 and 2028. Jim Cramer argued this is a good time to accumulate the stock, UBS raised its price target to $352 from $348, and the article flags rising capex and interest expense of $1.691 billion versus $538 million a year earlier.
- Stellantis Stock Is Soaring. Europe Is Crashing the Party.
Stellantis shares rose roughly 15% in morning trading after third-quarter results showed €828 million in year-over-year industrial cost improvements, although that figure is not additional profit. Adjusted operating income climbed to €256 million from €90 million on revenue up 1% to about €37.6 billion, but the adjusted operating margin was still just 0.7%. North America swung from a €475 million adjusted operating loss a year earlier to a €64 million profit, with its margin improving to 0.4%. Enlarged Europe, however, went from a €157 million adjusted operating profit to a €311 million loss, pushing its margin to -2.2% amid an unfavorable mix, higher EV sales and persistent pricing pressure. Industrial free cash flow was negative €4 billion in the quarter, with management expecting a reversal in the fourth quarter and reaffirming positive industrial free cash flow in 2027.
- The $300 Billion-a-Year Challenge Behind Double-Digit GDP Growth
The government submitted to the National Assembly a target of GDP growth of 10% or more for 2027, and TS Cấn Văn Lực estimated at AEF 2026 that Vietnam needs to mobilize about 280–300 billion USD in capital each year, rising about 14% annually, with total investment kept near 40% of GDP. Bank credit supplies as much as 51% of total capital, while stock and corporate bond markets provide only 13–14%, so the capital market needs further development. Vietnam's ICOR has been above 6 over the past five years, compared with 3–4 for the Asian tigers during their rapid growth, and Mr. Lực proposes bringing it down to 4.5. The World Bank notes that total factor productivity growth has been nearly zero since 1990, with value added of about 6.7 USD per worker-hour, less than half of China's. The article argues that growth must rely on efficiency and productivity, not on capital accumulation alone.
- Gold Had Its Worst October Since 2008: Will It Crash Further This Week?
Gold ended its worst October since 2008 at $3,875. Saxo Bank says the selloff may not be over, and the article outlines the factors that will determine what happens next.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.