Centerra Gold announced today that it has agreed with the Government of the Kyrgyz Republic to further extend the First Longstop Date under the Strategic Agreement for Environmental Protection and Investment Promotion previously entered into with the Government of the Kyrgyz Republic on September 11, 2017. The First Longstop Date is the date by which all conditions precedent to the completion of the Strategic Agreement [...]
Centerra Gold announced today that it has agreed with the Government of the Kyrgyz Republic to extend the First Longstop Date under the Strategic Agreement for Environmental Protection and Investment Promotion previously entered into with the Government of the Kyrgyz Republic on September 11, 2017. The First Longstop Date is the date by which all conditions precedent to the completion of the Strategic Agreement are [...]
TORONTO, May 17, 2018 -- Centerra Gold Inc. announced today that its wholly-owned subsidiary, AuRico Metals Inc. , has entered into agreements with Triple Flag Mining Finance Bermuda Ltd. in connection with the sale of AMI’s royalty portfolio and a silver stream on the Kemess project for combined aggregate proceeds of US$200 million. Scott Perry, President and CEO of Centerra commented, “The Royalty Sale and [...]
Centerra Gold announces that the 11 nominees listed in the management information circular for its 2018 annual meeting of shareholders held earlier today were elected as directors of Centerra. The vote for director nominees was conducted by ballot. 250,319,873 shares were represented at the Meeting, representing 86.75% of Centerra’s issued and outstanding common shares. The detailed results of the vote for the [...]
This news release contains forward-looking information that is subject to the risk factors and assumptions set out under “Caution Regarding Forward-looking Information”. It should be read in conjunction with the Company’s unaudited interim condensed consolidated financial statements and the notes thereto for the three months ended March 31, 2018. The consolidated financial statements of [...]
This news release contains forward-looking information that is subject to the risk factors and assumptions set out under “Caution Regarding Forward-looking Information”. It should be read in conjunction with the Company’s unaudited interim condensed consolidated financial statements and the notes thereto for the three months ended March 31, 2018. The consolidated financial statements of [...]
TORONTO, April 24, 2018 -- Centerra Gold Inc. comments on a news release issued today by Chaarat Gold Holdings Limited . In March 2018, Centerra received an unsolicited, non-binding proposal from Chaarat concerning Centerra’s Kumtor Mine located in the Kyrgyz Republic. Centerra promptly communicated to Chaarat’s advisers that it has no interest in the transaction proposed by Chaarat. In recent meetings with [...]
TORONTO, April 20, 2018 -- Centerra Gold Inc. announced today that it has agreed with the Government of the Kyrgyz Republic to extend the First Longstop Date under the Strategic Agreement for Environmental Protection and Investment Promotion previously entered into with the Government of the Kyrgyz Republic on September 11, 2017. The First Longstop Date is the date by which all conditions precedent to the completion of [...]
TORONTO, March 27, 2018 -- Centerra Gold Inc. will host a conference call and webcast of its 2018 first quarter financial and operating results at 8:30 a.m.; on Tuesday, May 1, 2018. The results are scheduled to be released before the market opens on, Tuesday, May 1, 2018. The Company will host its Annual Meeting of Shareholders on Tuesday, May 1, 2018 at 11:00 a.m. . First Quarter 2018 Results Conference Call and Webcast [...]
TORONTO, March 23, 2018 -- Centerra Gold Inc. today reported that the mill operation at the Mount Milligan Mine in British Columbia, Canada has restarted its second ball mill circuit. As previously disclosed on February 5, 2018, the Mount Milligan Mine restarted mill operations following a shutdown in December 2017 but at a reduced capacity - utilizing one of its two ball mills to minimize water requirements. The second [...]
Centerra Gold today reported net earnings of $130.0 million or $0.45 per common share (basic) on revenues of $358.2 million in the fourth quarter of 2017. The fourth quarter 2017 result includes a tax benefit of $21.3 million as a result of a change in tax legislation enacted in the U.S. Excluding this item, adjusted earningsNG in the fourth quarter of 2017 were $108.7 million or $0.37 per common share (basic). During the [...]
TORONTO, Feb. 12, 2018 -- Centerra Gold Inc. announced today that its wholly-owned Turkish subsidiary, Öksüt Madencilik Sanayi ve Ticaret A.S. has received an Investment Incentive Certificate from the Turkish Ministry of Economy for the development of the Company’s Öksüt Project in central Turkey. The IIC provides tax related advantages such as a decrease of corporate income tax rate from 20% to [...]