Centerra Gold Inc. issued the following statement today in response to the adoption of a resolution by the Parliament of the Kyrgyz Republic, instructing the Government to install "external management" at the Kumtor Mine and Centerra's Kyrgyz subsidiary, Kumtor Gold Company , and associated developments. The Company understands that the Parliament [...]
Centerra Gold Inc. announced today that it has initiated binding arbitration against the Government of the Kyrgyz Republic to enforce its rights under longstanding investment agreements with the Government. Centerra seeks to enjoin the Government from taking further steps to implement recently adopted legislation or to pursue recently procured [...]
Centerra Gold Inc. announces that the 11 nominees listed in the management information circular for its 2021 annual general meeting of shareholders held earlier today were elected as directors of Centerra. The vote for director nominees was conducted by ballot. 168,096,447 shares were represented at the Meeting, representing 56.69% of Centerra's [...]
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$12.7 million. The quarterly dividend is to shareholders of record on May 27, 2021. The dividend is an eligible dividend for Canadian income tax purposes. Centerra continues to proactively [...]
Centerra Gold Inc. today reported its first quarter 2021 results. Key events and operating results of the first quarter included: Net earnings and adjusted net earningsNGof $167.4 million, $0.57 per common share, and $84.2 million, $0.28 per common share, respectively. Cash flow from operations and free cash flowNG of $153.1 million and $72.1 [...]
Centerra Gold Inc. announced today that it has become aware of a number of legal and political developments in the Kyrgyz Republic which may affect Centerra's ownership of the Kumtor Mine and its rights under the 2009 restated project agreements which govern the Kumtor Mine. First, the Company understands that a law has been passed by the Kyrgyz [...]
Centerra Gold Inc. is pleased to announce that the Company has received approval to list its common shares on the New York Stock Exchange . Trading of the Company's common shares is expected to commence under the symbol "CGAU" on Thursday, April 15, 2021. The Company's primary exchange will remain the Toronto Stock Exchange. Scott Perry, President [...]
Centerra Gold Inc. will host a conference call and webcast to discuss the 2021 first quarter operating and financial results on Tuesday, May 11, 2021 at 8:30 a.m. . The quarterly results are scheduled to be released before the market opens on Tuesday, May 11, 2021. The Company will also host its 2021 Annual Meeting of Shareholders on May 11, 2021 [...]
Centerra Gold Inc. comments today on tax claims received by its Kyrgyz Republic subsidiary, Kumtor Gold Company CJSC , from the Kyrgyz Republic State Tax Service. The claims include: a claim for approximately U.S.$106 million related to withholding taxes on dividends paid to its direct parent company, Centerra, during the years 2016 and 2017; and a [...]
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 [...]
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 [...]
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 [...]