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 [...]
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 [...]