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 12. All figures are in United States dollars unless otherwise stated. TORONTO, Feb. 08, 2018 -- Centerra Gold Inc. today issued its 2017 year-end estimates for mineral reserves and mineral resources. Mineral reserves and resources from the [...]
TORONTO, Feb. 05, 2018 -- Centerra Gold Inc. today reported that its Mount Milligan operation in British Columbia, Canada initiated restart of mill operations at partial capacity. At this time, the mill is utilizing one ball mill to minimize water requirements. During the restart phase, the Company anticipates a ramp-up period and there may be periodic commissioning downtime. Mill operations are expected to achieve [...]
TORONTO, Feb. 01, 2018 -- Centerra Gold Inc. announced today it has entered into a US$500 million four-year senior secured revolving credit facility with a syndicate of eight financial institutions as lenders, led by The Bank of Nova Scotia and National Bank of Canada. The interest rate payable on any outstanding borrowings is LIBOR plus 2.25% - 3.75%. The Credit Facility will be available at the corporate level and [...]
TORONTO, Jan. 12, 2018 -- Centerra Gold Inc. will host a conference call and webcast of its 2017 fourth quarter and year-end financial and operating results at 11:00 a.m. on Friday, February 23, 2018. The results are scheduled to be released before the market opens on Friday, February 23, 2018. North American participants should dial the toll-free number 1-800-771-7943. International participants may access the call at +1 [...]
All figures are in United States dollars unless otherwise stated. TORONTO, Jan. 11, 2018 -- Centerra Gold Inc. announced today that its wholly-owned Turkish subsidiary, Öksüt Madencilik Sanayi ve Ticaret A.S. has received approval of its pastureland permit for the Öksüt Project located in central Turkey. OMAS has also received notice from the Kayseri Directorate of Food, Agriculture and Livestock for [...]
AuRico Metals - Deletion from S&P/TSX SmallCap Index. S&P Dow Jones Indices Canadian Index Services will make the following changes in the S&P/TSX Canadian Indices: The shareholders of AuRico Metals have agreed to the terms of a Plan of Arrangement with Centerra Goldwhereby AuRico Metals will be acquired for cash consideration of $CDN1.80 per share. AuRico Metals will be removed from the S&P/TSX SmallCap Index prior to [...]
Centerra Gold and AuRico Metals announced today that they have completed their previously announced plan of arrangement, pursuant to which a direct wholly-owned subsidiary of Centerra acquired all of the issued and outstanding common shares of AuRico Metals for C$1.80 in cash consideration per share. The Purchase Price was funded through a combination of a new US$125 million acquisition facility and cash on hand of [...]
TORONTO, Dec. 27, 2017 -- Centerra Gold Inc. today reported that, due to a lack of sufficient water resources, mill processing operations at the Mount Milligan mine in British Columbia, Canada have been temporarily suspended. Mill processing operations are expected to recommence at partial capacity by the end of January 2018 and at full capacity after the spring melt. As disclosed in the Company’s news release of [...]
TORONTO, Dec. 22, 2017 -- Centerra Gold Inc. today announces that the Company has filed on SEDAR a Technical Report, entitled “Technical Report on the Gatsuurt Gold Project, Mongolia" dated December 22, 2017 with an effective date of October 31, 2017. The report was prepared in compliance with National Instrument 43-101 – Standards for Disclosure for Mineral Projects. The Technical Report supports the [...]
Centerra Gold and AuRico Metals are pleased to announce that they have entered into a definitive arrangement agreement whereby Centerra will acquire all of the issued and outstanding common shares of AuRico Metals for C$1.80 in cash consideration per share , representing an aggregate transaction value of C$310 million. The Purchase Price represents a 38% premium to the closing price of AuRico Metals' common shares on the [...]
TORONTO, ON--(Marketwired - September 18, 2017) - Centerra Gold Inc. (TSX: CG) will host a conference call and webcast of its 2017 third quarter financial and operating results at 11:00AM Eastern time on Wednesday November 1, 2017. The results are scheduled to be released after the market closes on Tuesday October 31, 2017. North American participants should dial the toll-free number (800)-698-0460. International [...]
TORONTO, ON--(Marketwired - September 11, 2017) - Centerra Gold Inc. (TSX: CG) announces today that the Company and its Kyrgyz subsidiaries (Kumtor Gold Company ("KGC") and Kumtor Operating Company ("KOC")) have entered into a comprehensive settlement agreement (the "Strategic Agreement") with the Government of the Kyrgyz Republic (the "Government") on behalf of the Kyrgyz Republic. Highlights of the Strategic Agreement [...]