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Teranga Gold Corp (TGZ.TO)

TGZ.TO on Toronto Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Teranga Gold Qtrly Adjusted Net Profit Attributable To Shareholders $0.17 Per Share
Friday, 7 Aug 2020 

Aug 7 (Reuters) - Teranga Gold Corp ::TERANGA GOLD DELIVERS STRONG Q2 PRODUCTION LED BY WAHGNION; INCREASES 2020 GOLD PRODUCTION GUIDANCE TO 375,000-400,000 OUNCES.TERANGA GOLD CORP - 96% INCREASE IN REVENUE TO $164.2 MILLION IN QUARTER.TERANGA GOLD CORP QTRLY NET PROFIT ATTRIBUTABLE TO SHAREHOLDERS $0.01 PER SHARE.TERANGA GOLD CORP QTRLY ADJUSTED NET PROFIT ATTRIBUTABLE TO SHAREHOLDERS $0.17 PER SHARE.TERANGA GOLD -FIVE-YEAR PRODUCTION GUIDANCE FOR PERIOD 2021 TO 2025 IS EXPECTED TO AVERAGE 533,000 OUNCES OF GOLD PER YEAR.TERANGA GOLD CORP -SEES 2021 TO 2025 ALL-IN SUSTAINING COSTS OF $785 PER OUNCE.  Full Article

Teranga Gold Reports A 27% Increase In Production In Q1
Thursday, 14 May 2020 

May 14 (Reuters) - Teranga Gold Corp ::TERANGA GOLD REPORTS A 27% INCREASE IN PRODUCTION TO 91,312 OUNCES, NEW WAHGNION MINE DELIVERS STRONG FIRST QUARTER.SABODALA AND WAHGNION MINE OPERATIONS CONTINUE UNINTERRUPTED DURING COVID-19 PANDEMIC.QTRLY CONSOLIDATED COST OF SALES PER OUNCE WAS $1,092, AN INCREASE OF 20%.REMAINS ON TRACK TO MEET ITS FULL-YEAR PER OUNCE GUIDANCE METRICS.QTRLY REVENUE $134.1 MILLION, UP 46%.QTRLY EARNINGS PER SHARE $0.13.QTRLY EARNINGS PER SHARE $0.06.QTRLY ADJUSTED EARNINGS PER SHARE $0.06.Q1 EARNINGS PER SHARE VIEW $0.10 -- REFINITIV IBES DATA.  Full Article

Teranga Gold Announces Q1 2020 Production Estimate And Company-Wide Response To Covid-19
Wednesday, 25 Mar 2020 

March 25 (Reuters) - Teranga Gold Corp ::TERANGA GOLD ANNOUNCES Q1 2020 PRODUCTION ESTIMATE AND COMPANY-WIDE RESPONSE TO COVID-19.TERANGA GOLD ANNOUNCES Q1 2020 PRODUCTION ESTIMATE AND COMPANY-WIDE RESPONSE TO COVID-19.TERANGA GOLD CORP - Q1 2020 CONSOLIDATED GOLD PRODUCTION EXPECTED TO BE IN RANGE OF 85,000 TO 90,000 OUNCES.TERANGA GOLD - SABODALA AND WAHGNION HAVE ENACTED A VOLUNTARY ISOLATION PERIOD WITH RESTRICTED ACCESS INTO SITE TO ENSURE CONTINUITY OF OPERATIONS.  Full Article

Teranga Gold Says Gold Production For Q4 Increased By 54% To 91,411 Ounces
Friday, 21 Feb 2020 

Feb 21 (Reuters) - Teranga Gold Corp ::TERANGA GOLD EXCEEDS 2019 PRODUCTION GUIDANCE AND ACHIEVES LOW END OF PER OUNCE COST GUIDANCE RANGES.TERANGA GOLD CORP - GOLD PRODUCTION FOR Q4 INCREASED BY 54% TO 91,411 OUNCES.TERANGA GOLD CORP - SEES 2020 CONSOLIDATED GOLD PRODUCTION OF 345,000 - 355,000 OUNCES.TERANGA GOLD CORP - ADJUSTED LOSS PER SHARE OF $0.06 IN Q4.TERANGA GOLD CORP - QTRLY REVENUE $106.3 MILLION, UP 40%.  Full Article

Barrick And Teranga Obtain Key Approvals From The Government Of Senegal For Teranga's Acquisition Of The Massawa Gold Project
Thursday, 13 Feb 2020 

Feb 13 (Reuters) - Teranga Gold Corp ::BARRICK AND TERANGA OBTAIN KEY APPROVALS FROM THE GOVERNMENT OF SENEGAL FOR TERANGA’S ACQUISITION OF THE MASSAWA GOLD PROJECT.TERANGA GOLD CORP - BARRICK & CO EXPECT TO SATISFY REMAINING CONDITIONS PRECEDENT TO CLOSING OF TRANSACTION IN COMING WEEKS.  Full Article

Teranga Gold To Acquire High-Grade Massawa Gold Project
Tuesday, 10 Dec 2019 

Dec 10 (Reuters) - Teranga Gold Corp ::TERANGA GOLD TO ACQUIRE HIGH-GRADE MASSAWA GOLD PROJECT, ACCELERATES REPOSITIONING AS LOW-COST, MID-TIER PRODUCER.TERANGA GOLD CORP - TABLO IS INVESTING A FURTHER $45 MILLION WITH BARRICK GOLD DEAL TO RETAIN AN ABOUT 21.2% OWNERSHIP IN TERANGA.TERANGA GOLD - BARRICK TO BECOME CO'S SECOND LARGEST SHAREHOLDER POST COMPLETION OF DEAL.  Full Article

Barrick Reaches Agreement To Sell 90% Interest In The Massawa Project For Up To $430 Mln
Tuesday, 10 Dec 2019 

Dec 10 (Reuters) - Barrick Gold Corp ::PRESS RELEASE - BARRICK REACHES AGREEMENT TO SELL 90% INTEREST IN THE MASSAWA PROJECT FOR UP TO $430 MILLION.BARRICK GOLD CORP - BARRICK WILL RECEIVE 92.5% OF TOTAL PURCHASE PRICE FOR ITS INTEREST IN MASSAWA PROJECT.BARRICK GOLD CORP - CONSIDERATION CONSISTS OF AN UP-FRONT PAYMENT OF $380 MILLION.BARRICK GOLD CORP - BARRICK WILL HAVE RIGHT TO NOMINATE ONE TERANGA DIRECTOR FOR AS LONG AS IT RETAINS AT LEAST A 10% EQUITY INTEREST IN TERANGA.BARRICK GOLD CORP - CO WILL BE ENTITLED TO CUSTOMARY ANTI-DILUTION AND PIGGYBACK REGISTRATION RIGHTS.BARRICK GOLD CORP - PROVIDING $25 MILLION OF $225 MILLION SYNDICATED DEBT FINANCING SECURED BY TERANGA IN CONNECTION WITH DEAL.BARRICK GOLD CORP - BARRICK IS ACQUIRING TERANGA SHARES FOR INVESTMENT PURPOSES.BARRICK GOLD - CO, SENEGALESE JV PARTNER HAVE REACHED AGREEMENT TO SELL THEIR AGGREGATE 90% INTEREST IN MASSAWA PROJECT IN SENEGAL TO TERANGA GOLD.BARRICK GOLD - ON PRO FORMA BASIS, CO WILL HOLD ABOUT 11.45% OF TERANGA'S ISSUED & OUTSTANDING SHARES ON DEAL CLOSING.BARRICK GOLD CORP - CONSIDERATION COMPRISES OF 20.7 MILLION TERANGA SHARES WITH VALUE OF $3.85 PER SHARE.  Full Article

Teranga Gold Corp - Company On Track To Meet Higher End Of 2019 Production Guidance And Lower End Of Cost Per Ounce Guidance
Thursday, 31 Oct 2019 

Oct 31 (Reuters) - Teranga Gold Corp ::TERANGA GOLD CORP - COMPANY ON TRACK TO MEET HIGHER END OF 2019 PRODUCTION GUIDANCE AND LOWER END OF COST PER OUNCE GUIDANCE.TERANGA GOLD CORP - QTRLY GOLD PRODUCED 61,975 OZ VERSUS 56,376 OZ.TERANGA GOLD CORP - QTRLY AVERAGE REALIZED GOLD PRICE $1,421/ OZ VERSUS $1,209/ OZ.  Full Article

Teranga Gold Delivers Solid Second Quarter Production And Costs On Track To Achieve 2019 Guidance
Thursday, 1 Aug 2019 

Aug 1 (Reuters) - Teranga Gold Corp ::TERANGA GOLD DELIVERS SOLID SECOND QUARTER PRODUCTION AND COSTS; ON TRACK TO ACHIEVE 2019 GUIDANCE.TERANGA GOLD CORP - Q2 GOLD PRODUCTION WAS 63,436 OUNCES, 3% LOWER THAN LAST YEAR'S RECORD Q2..TERANGA GOLD CORP - NET LOSS ATTRIBUTABLE TO SHAREHOLDERS WAS $7.6 MILLION ($0.07 LOSS PER SHARE) FOR Q2.TERANGA GOLD CORP - ADJUSTED NET PROFIT ATTRIBUTABLE TO SHAREHOLDERS WAS $2.9 MILLION ($0.03 PER SHARE) FOR Q2.TERANGA GOLD CORP - TERANGA IS WELL POSITIONED TO CONTINUE TO INCREASE PRODUCTION AND CASH FLOW IN NEAR-TERM.  Full Article

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