All figures are in United States dollars and all production figures are on a 100% basis and continuing operations basis, unless otherwise stated. This news release contains forward-looking information regarding Centerra Gold's business and operations. See "Caution Regarding Forward-Looking Information". All references in this document denoted with "NG" indicate a non-GAAP term which is discussed under "Non-GAAP Measures [...]
Centerra Gold Inc. today confirmed that it is engaged in negotiations with representatives of the Kyrgyz Republic to resolve their disputes related to Centerra's Kumtor Mine and the seizure of control of the mine by the Kyrgyz government in May 2021. Further to statements in the Kyrgyz media regarding the potential negotiated transfer of the Kumtor Mine to the Kyrgyz Republic, Centerra expects that the framework for any [...]
Centerra Gold Inc. reported today that it does not expect any material impact on the Mount Milligan Mine's planned production or sales for the fourth quarter of 2021 resulting from recent rail and other logistic service disruptions in British Columbia. The Company today completed its third gold and copper concentrate sale in the fourth quarter and has produced sufficient concentrate and expects to recognize its fourth and [...]
Centerra Gold Inc. announced today that it has filed under its profile on SEDAR a material change report related to the previously disclosed determination made by Centerra on August 9, 2021, that a number of coordinated actions taken by the Kyrgyz Republic had ultimately resulted in the seizure of the Kumtor Mine by the Kyrgyz Republic and a loss of control of the mine by Centerra. As a result of the loss of control, the [...]
Centerra Gold Inc. reported today that due to the recent heavy rain, flooding and mudslides in British Columbia, rail service between the Vancouver west coast terminals and the Company's Mount Milligan Mine has been temporarily disrupted. The disruption affects the movement of Mount Milligan's concentrate to Vancouver terminals as well as the delivery of some parts and consumables to the mine. Production at the Mount [...]
Centerra Gold Inc. announced today that its Board of Directors has approved a quarterly dividend of C$0.07 per common share - approximately C$20.8 million or US$16.4 million. The quarterly dividend is payable on December 3, 2021, to shareholders of record on November 19, 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 [...]
Centerra Gold Inc. today reported its third quarter 2021 results. Significant financial and operating highlights of the third quarter include: Net earnings and adjusted net earningsNG of $27.6 million or $0.09 per common share , and $35.7 million or $0.12 per common share
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 [...]