Centerra Gold Inc. announced today that its Board of Directors has approved a quarterly dividend of C$0.05 per common share - approximately C$14.8 million or US$11.7 million. The quarterly dividend is to shareholders of record on March 16, 2021. The dividends are eligible dividends for Canadian income tax purposes. Centerra continues to proactively monitor closely the evolving situation relating to COVID-19 and how it may [...]
Centerra Gold today reported its fourth quarter 2020 results. Key events and operating results of the fourth quarter and year ended December 31, 2020 included: Net earnings and adjusted net earningsNG for the quarter of $95.2 million, $0.32 per common share (basic), and $104.5 million, $0.35 per common share (basic), espectively. Net earnings and adjusted net earningsNG for the year of $408.5 million, $1.39 per common [...]
This news release contains forward-looking information that is subject to assumptions and risk factors set out under the headings "Material Assumptions" and "Caution Regarding Forward-looking Information". All production figures are on a 100% basis. All figures are in United States dollars unless otherwise stated. All references in this document denoted with NG, indicate a non-GAAP term which is discussed under "Non-GAAP [...]
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 22. All figures are in United States dollars unless otherwise stated. TORONTO, Feb. 24, 2021 -- Centerra Gold Inc. today announced its 2020 year-end estimates for mineral reserves and mineral resources, including significant new mineral reserves [...]
Centerra Gold Inc. announced today the completion of the previously announced sale of Centerra’s 50% interest in the Greenstone Gold Mines Partnership to an affiliate of the Orion Mine Finance Group. Centerra received an up-front cash payment of approximately U.S.$210 million and is entitled to receive further contingent payments of up to approximately U.S.$75 million upon GGM’s Hardrock Project meeting certain [...]
Centerra Gold Inc. will host a conference call and webcast of its 2020 fourth quarter and year-end financial and operating results at 9:00 AM Eastern Time on Wednesday February 24, 2021. The results are scheduled to be released before the market opens on Wednesday, February 24, 2021. North American participants may access the call toll-free at +1 -754-4430. International participants may access the call at +1 -641-6701 [...]
This news release contains forward-looking information that is subject to assumptions and risk factors. All production figures are on a 100% basis. All figures are in United States dollars unless otherwise stated. TORONTO, Jan. 14, 2021 -- Centerra Gold Inc. reports fourth quarter and annual production exceeding the upper end of its consolidated 2020 annual gold production guidance. 2020 Fourth Quarter and Annual [...]
Centerra Gold Inc. announced today it has entered into a new U.S.$400 million four-year revolving credit facility plus a U.S.$200 million accordion feature . The Credit Facility is led by The Bank of Nova Scotia, National Bank Financial Markets and HSBC Canada Bank and is supported by a syndicate of international financial institutions. The interest rate payable on any outstanding borrowings is LIBOR plus 2.25% to 3.25 [...]
Premier Gold Mines Ltd. and CENTERRA GOLD INC. are pleased to announce that an affiliate of the Orion Mine Finance Group , has entered into an agreement with Centerra and Premier pursuant to which Orion will acquire Centerra's 50% interest in the Greenstone Gold Mines Partnership for cash consideration of US$225 million plus certain contingent payment obligations of approximately US$75 million , described below . Premier [...]
THUNDER BAY, ON and Premier Gold Mines Ltd. and CENTERRA GOLD INC. are pleased to announce that an affiliate of the Orion Mine Finance Group , has entered into an agreement with Centerra and Premier pursuant to which Orion will acquire Centerra's 50% interest in the Greenstone Gold Mines Partnership for cash consideration of US$225 million plus certain contingent payment obligations of approximately US$75 million [...]
Centerra Gold Inc. is pleased to announce the appointment of Mr. Tengiz A.U. Bolturuk to its Board of Directors. Centerra also announces the resignation of Mr. Askar Oskombaev from its Board of Directors. Mr. Bolturuk, a dual citizen of the Kyrgyz Republic and Canada, has extensive experience in the mining industry, with a focus in project and process management. He has over 30 years of experience in engineering and [...]
Centerra Gold Inc. announced today that its Board of Directors has approved a quarterly dividend of C$0.05 per common share – approximately C$14.8 million or US$11.3 million. The quarterly dividend is payable on December 4, 2020 to shareholders of record on November 20, 2020. The dividends are eligible dividends for Canadian income tax purposes. Centerra continues to proactively monitor closely the evolving situations [...]