Stephen Lang

Centerra (TSE:CG) CEO Reiterates Acquisition Plans

Centerra Gold Inc. (TSE:CG) CEO Stephen Lang reiterated his plans to grow the company primarily via acquisitions rather than organically, confirming again they’ve set aside $2.9 billion for that purpose over the next year.Lang said, “We would be interested in something that is approximately our size. We are looking for potential acquisitions that are in the late stages of exploration.” They are

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Centerra (TSE:CG) Seeking Quality Acquisition

Filed in Centerra Gold, ceo, Debt, Gold, Gold Prices, silver, Stephen Lang by on May 29, 2010 0 Comments

Strong gold prices has helped Centerra Gold (TSE:CG) reach the enviable position of being debt-free and flush with cash, which allows them to search out some quality acquisitions. After the first quarter, Centerra had cash and short-term investments valued at $384.2 million, and adding to it on a consistent basis. According to CEO Stephen Lang, he doesn’t see it as absolutely vital to the

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