Centerra Gold Inc. will host a conference call and webcast of its 2021 third quarter financial and operating results at 9:00AM Eastern time on Friday November 5, 2021. The results are scheduled to be released before the market opens on Friday, November 5, 2021. North American participants may access the call toll-free at +1 -759-0876. International participants may access the call at +1 -981-0157. The conference call is [...]
Centerra Gold Inc. announced today that it has filed an application requesting urgent interim measures in its international arbitration against the government of the Kyrgyz Republic and Kyrgyzaltyn JSC, the state-owned gold refining monopoly and Centerra's largest shareholder, to address critical operational and safety problems at the Kumtor Mine. Through this application, Centerra seeks to prevent the Kyrgyz Republic and [...]
Centerra Gold Inc. announced that its Board of Directors has approved a quarterly dividend of C$0.07 per common share - approximately C$20.8 million or US$16.5 million. The quarterly dividend is payable on September 8, 2021, to shareholders of record on August 25, 2021. The dividend is an eligible dividend for Canadian income tax purposes. The Company notes that going forward, in addition to the other factors that the [...]
Centerra Gold Inc. today reported its second quarter 2021 results. As a result of the seizure of the Kumtor Mine and the continuing actions by the Kyrgyz Republic, the Company has recognized a loss on the change of control and included the Kumtor Mine in discontinued operations. The Company’s results from continuing operations include the Mount Milligan Mine, the Öksüt Mine and the Molybdenum Business Unit.
Centerra Gold Inc. will host a conference call and webcast of its 2021 second quarter financial and operating results at 9:00 a.m. on Tuesday, August 10, 2021. The results are scheduled to be released before the market opens on Tuesday, August 10, 2021. North American participants should dial the toll-free number +1 -329-6284. International participants may access the call at +1 -231-2903. The conference call is being [...]
Centerra Gold Inc. announced today that it has brought additional claims against the government of the Kyrgyz Republic in binding arbitration and asserted claims against the state-owned entity Kyrgyzaltyn JSC in response to the wrongful expropriation of the Kumtor Mine. Among other relief, the Company's amended Notice of Arbitration seeks to hold the Kyrgyz government and Kyrgyzaltyn JSC responsible for any and all losses [...]
Centerra Gold Inc. will host a conference call today at 8:30 AM Eastern Time on Tuesday June 1, 2021. North American participants may access the call toll-free at +1 -768-9481. International participants may access the call at +1 -641-6701. The conference call is being webcast by Intrado and can be accessed live at Centerra Gold's website at www.centerragold.com. An audio recording of the call will be available [...]
Subsidiaries Kumtor Gold Company and Kumtor Operating Company Seek Worldwide Automatic Stay Protection via U.S. Chapter 11 Process; Filing Has No Additional Financial or Operational Impact on Centerra Gold or the Other Areas of its Business Company Announces Strategic Review Related to Kumtor Gold Company and Kumtor Operating Company of Alternative Avenues to Maximize Value to Stakeholders TORONTO, May 31, 2021 [...]
Centerra Gold Inc. today announced that it had initiated proceedings in the Ontario Superior Court of Justice against Tengiz Bolturuk, a former member of its Board of Directors, in response to flagrant breaches of his fiduciary duties to the Company related to the recent seizure of the Kumtor Mine by the Government of the Kyrgyz Republic. Centerra seeks to enjoin Mr. Bolturuk, who was nominated to the Board by the Kyrgyz [...]
Centerra Gold Inc. will host a conference call today to discuss developments in the Kyrgyz Republic at 8:30 AM Eastern Time on Tuesday May 18, 2021. North American participants may access the call toll-free at +1 -954-0601. International participants may access the call at +1 -981-9014. The conference call is being webcast by Intrado and can be accessed live at Centerra Gold's website at www.centerragold.com. An audio [...]
Centerra Gold Inc. announced today that, as a result of the recent events in the Kyrgyz Republic, Kyrgyzaltyn JSC, together with its affiliates, are prohibited from transferring or encumbering any common shares of the Company or exercising any voting rights attached to Centerra shares. In addition, dividends or distributions on Centerra shares that would otherwise be payable to Kyrgyzaltyn or its affiliates will be [...]
Centerra Gold Inc. issued the following statement today in response to the adoption of a resolution by the Parliament of the Kyrgyz Republic, instructing the Government to install "external management" at the Kumtor Mine and Centerra's Kyrgyz subsidiary, Kumtor Gold Company , and associated developments. The Company understands that the Parliament purported to act under a new law, applicable only to Centerra and KGC, that [...]