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Teranga Gold Corp (TGZ.TO)

TGZ.TO on Toronto Stock Exchange

3.20CAD
17 May 2019
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Latest Key Developments (Source: Significant Developments)

Teranga Gold Achieves Record Quarterly Production And Lower AISC In Q1 Well-Positioned To Meet FY 2019 Production And Cost Guidance
Friday, 3 May 2019 

May 3 (Reuters) - Teranga Gold Corp ::TERANGA GOLD ACHIEVES RECORD QUARTERLY PRODUCTION AND LOWER AISC IN Q1; WELL-POSITIONED TO MEET FULL YEAR 2019 PRODUCTION AND COST GUIDANCE.TERANGA GOLD CORP - QUARTERLY GOLD PRODUCTION OF 71,946 OUNCES, AN INCREASE OF 12%.TERANGA GOLD CORP - COMPANY IS ON TRACK TO MEET FULL YEAR PRODUCTION AND COST GUIDANCE.TERANGA GOLD CORP QTRLY LOSS PER SHARE $0.03.TERANGA GOLD CORP QTRLY ADJUSTED. EARNINGS PER SHARE $0.2.TERANGA GOLD CORP QTRLY REVENUE $92.1 MILLION VERSUS $86.2 MILLION.TERANGA GOLD CORP - QTRLY NET INCOME AND ADJUSTED NET INCOME NEGATIVELY IMPACTED BY A PENDING TAX ASSESSMENT FOR $10 MILLION.TERANGA GOLD - CONSTRUCTION SCHEDULE FOR CO'S SECOND MINE, WAHGNION, LOCATED IN SOUTHWEST BURKINA FASO, IS ON TRACK.TERANGA GOLD - WAHGNION EXPECTED TO INCREASE CO'S CURRENT CONSOLIDATED ANNUAL GOLD PRODUCTION BY ABOUT 50%.  Full Article

Teranga Gold Corp - Q4 2018 Gold Production Totalled 59,442 Ounces
Friday, 22 Feb 2019 

Feb 22 (Reuters) - Teranga Gold Corp ::TERANGA GOLD REPORTS Q4 AND FULL YEAR 2018 FINANCIAL AND OPERATING RESULTS.TERANGA GOLD REPORTS Q4 AND FULL YEAR 2018 FINANCIAL AND OPERATING RESULTS.Q4 2018 GOLD PRODUCTION TOTALLED 59,442 OUNCES.Q4 LOSS PER SHARE $0.10.QTRLY LOSS PER SHARE $0.10.Q4 ADJUSTED EARNINGS PER SHARE $0.01.SEES 2019 CONSOLIDATED GOLD PRODUCTION 245 KOZ-270 KOZ.SEES 2019 COST OF SALES $1,050 - $1,125 /OZ.SEES 2019 ALL-IN SUSTAINING COSTS $900 - $1,000 /OZ.QTRLY REVENUE $76.1 MILLION VERSUS $88.3 MILLION.  Full Article

Teranga Gold Reports Q3 2018 Results
Thursday, 1 Nov 2018 

Nov 1 (Reuters) - Teranga Gold Corp ::TERANGA GOLD REPORTS RECORD Q3 AND YEAR-TO-DATE PRODUCTION; COMPANY RAISES 2018 PRODUCTION GUIDANCE TO 235,000-240,000 OUNCES.TERANGA GOLD CORP - Q3 GOLD PRODUCTION AT SABODALA OF 56,376 OUNCES.TERANGA GOLD CORP - ON TRACK TO ACHIEVE FULL YEAR 2018 PRODUCTION OF BETWEEN 235,000 AND 240,000 OUNCES.TERANGA GOLD CORP - QTRLY EARNINGS PER SHARE $0.07.TERANGA GOLD CORP - QTRLY ADJUSTED EARNINGS PER SHARE $0.01.TERANGA GOLD CORP - QTRLY REVENUE $64.2 MILLION VERSUS $61.0 MILLION.  Full Article

Teranga Gold Receives Commitment Letter For $165 Mln In Secured Debt Financing To Bring Its Second Gold Mine Into Production
Monday, 12 Mar 2018 

March 12 (Reuters) - Teranga Gold Corp ::TERANGA GOLD RECEIVES COMMITMENT LETTER FOR $165 MILLION IN SECURED DEBT FINANCING TO BRING ITS SECOND GOLD MINE INTO PRODUCTION.TERANGA GOLD CORP - ‍WAHGNION IS EXPECTED TO INCREASE ANNUALIZED GOLD PRODUCTION BY 50% TO BETWEEN 300,000 AND 350,000 OUNCES FOLLOWING FIRST POUR.TERANGA GOLD CORP - ‍SECURES ADDITIONAL $25 MILLION FOR FUTURE ADVANCEMENT OF GOLDEN HILL PROJECT TO FEASIBILITY STUDY​.TERANGA GOLD CORP - ‍$165 MILLION FINANCING TO BE USED TOWARDS FUNDING DEVELOPMENT OF WAHGNION GOLD PROJECT & TO REPAY CO'S CURRENT OUTSTANDING BANK DEBT​.  Full Article

Teranga Gold Corp Reports Qtrly EPS Of $0.05
Friday, 23 Feb 2018 

Feb 23 (Reuters) - Teranga Gold Corp ::TERANGA GOLD REPORTS Q4 AND FULL YEAR 2017 RESULTS; STRONG ORGANIC GROWTH PIPELINE PROVIDES CLEAR PATH TOWARDS MID-TIER PRODUCTION STATUS.QTRLY EARNINGS PER SHARE $0.05.QTRLY ALL-IN SUSTAINING COSTS $938/OZ SOLD VERSUS $1,049/OZ SOLD.Q4 EARNINGS PER SHARE VIEW $0.17 -- THOMSON REUTERS I/B/E/S.  Full Article

Teranga Gold Corp's Produces 233,267 Ounces In 2017
Wednesday, 10 Jan 2018 

Jan 10 (Reuters) - Teranga Gold Corp ::TERANGA GOLD CORP - GOLD PRODUCTION OF 233,267 OUNCES IN 2017.TERANGA GOLD CORP - FORECASTING GOLD PRODUCTION AT SABODALA OF BETWEEN 210,000 AND 225,000 OUNCES OF GOLD IN 2018.TERANGA GOLD CORP - ‍FIVE-YEAR PROFILE FOR SABODALA ESTIMATES FREE CASH FLOW OF $230 MILLION BETWEEN 2018 AND 2022.TERANGA GOLD EXCEEDS 2017 PRODUCTION GUIDANCE AND DELIVERS RECORD OUNCES; PROVIDES 2018 PRODUCTION GUIDANCE.  Full Article

Teranga Gold Says Entered Into MoU With Sodim To Establish JV
Wednesday, 13 Dec 2017 

Dec 13 (Reuters) - Teranga Gold Corp ::TERANGA GOLD SAYS HAS ENTERED INTO MOU WITH SODIM TO ESTABLISH JV FOR EXPLORATION AND DEVELOPMENT OF AFEMA LAND PACKAGE IN CÔTE D'IVOIRE.TERANGA GOLD CORP - SODIM WILL RECEIVE $2.5 MILLION UPON SIGNING OF MEMORANDUM OF UNDERSTANDING.TERANGA GOLD CORP - SODIM WILL RECEIVE PROGRESSIVE PAYMENTS OF UP TO $7.5 MILLION WITH DELIVERY OF A POSITIVE FEASIBILITY STUDY.TERANGA GOLD CORP - UNDER TERMS OF MEMORANDUM OF UNDERSTANDING, TERANGA CAN EARN A 70% INTEREST IN AFEMA JV.TERANGA GOLD - CO'S INTEREST IS THROUGH COMPLETION OF 3-YEAR $11 MILLION EXPLORATION, COMMUNITY RELATIONS PROGRAM ON AFEMA ML, AFEMA PERMITS, AMONG OTHER.TERANGA GOLD CORP - WILL SOLE FUND AND MANAGE EXPLORATION PROGRAMS AND FEASIBILITY STUDIES UNDER AFEMA JV.TERANGA GOLD - UPON CO'S DELIVERY OF POSITIVE FEASIBILITY STUDY, SODIM CAN MAINTAIN 30% INTEREST OR CONVERT HOLDINGS TO 3% NET SMELTER ROYALTY.  Full Article

Teranga Gold reports Q3 ‍earnings per share of $0.10​
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - Teranga Gold Corp :Teranga Gold reports third quarter results; on track to meet full year production and cost guidance.Qtrly ‍earnings per share of $0.10​.Teranga Gold Corp - qtrly ‍gold production of 50,873 ounces was 3 percent higher than prior year quarter, with 165,333 ounces of gold produced year-to-date​.Teranga Gold Corp - ‍on track to achieve 2017 guidance​.Teranga Gold Corp - qtrly ‍revenue $61 million versus $60.3 million​.Q3 earnings per share view $0.06 -- Thomson Reuters I/B/E/S.  Full Article

Teranga Gold hedges about 50 pct of Sabodala production at $1,336 per ounce through 2018
Monday, 11 Sep 2017 

Sept 11 (Reuters) - Teranga Gold Corp ::Teranga Gold hedges ~50 pct of Sabodala production at $1,336 per ounce through 2018, providing greater cash flow certainty during banfora project construction.Teranga Gold-entered forward gold sales contracts with macquarie bank for 131,000 gold ounces starting Oct 1, through Dec 31, 2018, at $1,336 per ounce​.Teranga Gold Corp - ‍forward sales contracts represent approximately 50 pct of production expected over five quarters to end of 2018​.Teranga Gold - as part of forward sales program, 25,000 ounces are due during q4 of 2017, with 26,500 ounces due in each of four quarters of 2018.Teranga-Sees production of up to 111,000 ounces in h2 2017 and 213,000 ounces in 2018,as outlined in updated technical report for sabodala operation.  Full Article

Teranga Gold says annualized gold production to increase by 50 pct
Thursday, 7 Sep 2017 

Sept 7 (Reuters) - Teranga Gold Corp :Teranga Gold Corp - ‍company's annualized gold production expected to increase by 50% to between 300,000 and 350,000 ounces​.  Full Article