Centerra Gold Inc.

Centerra Gold Inc. announces that the Kumtor Mine, located in the Kyrgyz Republic, has received all the necessary approvals and permits to re-commence open pit mining operations and to continue milling activity for the remainder of 2020. The relevant Kyrgyz state agencies have approved the Company’s 2020 mine development plan for the Central Pit Development, including the revised waste dumping plan and special [...]

Centerra Gold Inc. announced an update on continuing search and rescue operations for its missing employees and on the Lysii Waste Rock Dump movement at the Kumtor Mine Kumtor’s emergency response personnel are coordinating with search and rescue teams from the Kyrgyz Government Ministry of Emergencies in the search for its missing employees. The Lysii Waste Rock Dump has now stabilized sufficiently that light [...]

Centerra Gold Inc. today announced that the Kumtor Mine, located in the Kyrgyz Republic, experienced a significant rock movement at the Lysii Waste Rock Dump early this morning. Kumtor initiated an emergency evacuation of all mine personnel from the area and an immediate cessation of mining operations. Two Kumtor employees who were working in the area did not report to the emergency gathering area and remain missing [...]

Centerra Gold Inc. announced today that the Öksüt Project, in Turkey has commenced crushing stockpiled ore and stacking of crushed ore on the heap leach pad following receipt of normal course approvals from the Turkish Ministry of Environment and Urbanization. The Öksüt Project remains on schedule with first gold pour expected in early January 2020. Scott Perry, President and CEO of Centerra Gold [...]

Centerra Gold Inc. congratulates Gordon D. Reid, on his impending retirement on December 31, 2019, and thanks him for his more than 15 years of service. Gordon informed the Company in June 2019 of his intention to retire by year-end. Gordon joined Centerra in October 2004 and was Vice President, Business Development before moving to the Kyrgyz Republic in October 2007 to assume the role of President of Kumtor Operating [...]

Centerra Gold Inc. today reported third quarter 2019 results. Highlights of the quarter included: Net loss of $165.1 million, per common share, and adjusted earningsNG of $75.4 million $0.26 per common share after including an adjustment for the impairment recorded on the Mount Milligan Mine and the additional settlement expense relating to Kyrgyz Republic Strategic Agreement. Cash flow from operations was $31.9 million [...]

Centerra Gold Inc. today announced that Michael S. Parrett will succeed Stephen A. Lang as independent Chair of the Board of Directors effective October 1, 2019. Mr. Lang, who joined Centerra’s Board of Directors in 2008 and has held the Chair position since 2012, will remain as a board member and support an orderly transition. “On behalf of the Board, I would like to thank Steve for his significant [...]

Centerra Gold Inc. will host a conference call and webcast of its 2019 third quarter financial and operating results at 11:00AM Eastern time on Wednesday, October 30, 2019. The results are scheduled to be released before the market opens on Wednesday, October 30, 2019. North American participants may access the call toll-free at -223-7077. International participants may access the call at +1 -223-2691. The conference call [...]

Centerra Gold Inc. announced today that, the remaining Kyrgyz legal proceedings affecting the Kumtor Project and the international arbitration proceeding at the Permanent Court of Arbitration have been terminated, in accordance with the Strategic Agreement on Environmental Protection and Investment Promotion previously entered into with the Government of the Kyrgyz Republic . Accordingly, the parties have achieved Second [...]

Centerra Gold Inc. announced today that all conditions precedent to the completion of the Strategic Agreement entered into with the Kyrgyz Republic Government on September 11, 2017 have been satisfied or waived and all parties have therefore acknowledged that the First Completion Date has occurred. All parties to the Strategic Agreement are now moving to terminate the remaining legal proceedings affecting the Kumtor [...]