Centerra Gold Inc. is pleased to announce that the Company has received approval to list its common shares on the New York Stock Exchange . Trading of the Company's common shares is expected to commence under the symbol "CGAU" on Thursday, April 15, 2021. The Company's primary exchange will remain the Toronto Stock Exchange. Scott Perry, President and CEO, Centerra Gold, commented: "We are listing on the NYSE at a time [...]
Centerra Gold Inc. will host a conference call and webcast to discuss the 2021 first quarter operating and financial results on Tuesday, May 11, 2021 at 8:30 a.m. . The quarterly results are scheduled to be released before the market opens on Tuesday, May 11, 2021. The Company will also host its 2021 Annual Meeting of Shareholders on May 11, 2021 at 11:00 a.m. in a virtual only format. 2021 First Quarter Results [...]
Centerra Gold Inc. comments today on tax claims received by its Kyrgyz Republic subsidiary, Kumtor Gold Company CJSC , from the Kyrgyz Republic State Tax Service. The claims include: a claim for approximately U.S.$106 million related to withholding taxes on dividends paid to its direct parent company, Centerra, during the years 2016 and 2017; and a claim for approximately U.S.$17 million related to payroll deductions not [...]
Centerra Gold Inc. announced today that its Board of Directors has approved a quarterly dividend of C$0.05 per common share - approximately C$14.8 million or US$11.7 million. The quarterly dividend is to shareholders of record on March 16, 2021. The dividends are eligible dividends for Canadian income tax purposes. Centerra continues to proactively monitor closely the evolving situation relating to COVID-19 and how it may [...]
Centerra Gold today reported its fourth quarter 2020 results. Key events and operating results of the fourth quarter and year ended December 31, 2020 included: Net earnings and adjusted net earningsNG for the quarter of $95.2 million, $0.32 per common share (basic), and $104.5 million, $0.35 per common share (basic), espectively. Net earnings and adjusted net earningsNG for the year of $408.5 million, $1.39 per common [...]
This news release contains forward-looking information that is subject to assumptions and risk factors set out under the headings "Material Assumptions" and "Caution Regarding Forward-looking Information". All production figures are on a 100% basis. All figures are in United States dollars unless otherwise stated. All references in this document denoted with NG, indicate a non-GAAP term which is discussed under "Non-GAAP [...]
This news release contains forward-looking information that is subject to risk factors and assumptions set out in the Cautionary Note Regarding Forward-looking Information on page 22. All figures are in United States dollars unless otherwise stated. TORONTO, Feb. 24, 2021 -- Centerra Gold Inc. today announced its 2020 year-end estimates for mineral reserves and mineral resources, including significant new mineral reserves [...]
Centerra Gold Inc. announced today the completion of the previously announced sale of Centerra’s 50% interest in the Greenstone Gold Mines Partnership to an affiliate of the Orion Mine Finance Group. Centerra received an up-front cash payment of approximately U.S.$210 million and is entitled to receive further contingent payments of up to approximately U.S.$75 million upon GGM’s Hardrock Project meeting certain [...]
Centerra Gold Inc. will host a conference call and webcast of its 2020 fourth quarter and year-end financial and operating results at 9:00 AM Eastern Time on Wednesday February 24, 2021. The results are scheduled to be released before the market opens on Wednesday, February 24, 2021. North American participants may access the call toll-free at +1 -754-4430. International participants may access the call at +1 -641-6701 [...]
This news release contains forward-looking information that is subject to assumptions and risk factors. All production figures are on a 100% basis. All figures are in United States dollars unless otherwise stated. TORONTO, Jan. 14, 2021 -- Centerra Gold Inc. reports fourth quarter and annual production exceeding the upper end of its consolidated 2020 annual gold production guidance. 2020 Fourth Quarter and Annual [...]
Centerra Gold Inc. announced today it has entered into a new U.S.$400 million four-year revolving credit facility plus a U.S.$200 million accordion feature . The Credit Facility is led by The Bank of Nova Scotia, National Bank Financial Markets and HSBC Canada Bank and is supported by a syndicate of international financial institutions. The interest rate payable on any outstanding borrowings is LIBOR plus 2.25% to 3.25 [...]
Premier Gold Mines Ltd. and CENTERRA GOLD INC. are pleased to announce that an affiliate of the Orion Mine Finance Group , has entered into an agreement with Centerra and Premier pursuant to which Orion will acquire Centerra's 50% interest in the Greenstone Gold Mines Partnership for cash consideration of US$225 million plus certain contingent payment obligations of approximately US$75 million , described below . Premier [...]