Centerra Gold

Centerra Gold Announces Election of Directors

Tuesday, May 11, 2021 - 8:24pm

b"Centerra Gold Inc. is a Canadian-based gold mining company focused on operating, developing, exploring and acquiring gold properties in North America, Asia and other markets worldwide and is one of the largest Western-based gold producers in Central Asia.

Key Points: 
  • b"Centerra Gold Inc. is a Canadian-based gold mining company focused on operating, developing, exploring and acquiring gold properties in North America, Asia and other markets worldwide and is one of the largest Western-based gold producers in Central Asia.
  • Centerra operates three mines, the Kumtor Mine in the Kyrgyz Republic, the Mount Milligan Mine in British Columbia, Canada and the \xc3\x96ks\xc3\xbct Mine in Turkey.
  • Centerra's shares trade on the Toronto Stock Exchange (TSX) under the symbol CG and on the New York Stock Exchange (NYSE) under the symbol CGAU.
  • The Company is based in Toronto, Ontario, Canada.\n"

Centerra Gold Announces Quarterly Dividend of C$0.05 per common share

Tuesday, May 11, 2021 - 11:31am

b"TORONTO, May 11, 2021 (GLOBE NEWSWIRE) -- Centerra Gold Inc. (\xe2\x80\x9cCenterra\xe2\x80\x9d) (TSX: CG) (NYSE: CGAU) announced today that its Board of Directors has approved a quarterly dividend of C$0.05 per common share \xe2\x80\x93 approximately C$14.8 million or US$12.7 million.

Key Points: 
  • b"TORONTO, May 11, 2021 (GLOBE NEWSWIRE) -- Centerra Gold Inc. (\xe2\x80\x9cCenterra\xe2\x80\x9d) (TSX: CG) (NYSE: CGAU) announced today that its Board of Directors has approved a quarterly dividend of C$0.05 per common share \xe2\x80\x93 approximately C$14.8 million or US$12.7 million.
  • The quarterly dividend is payable on June 10, 2021 to shareholders of record on May 27, 2021.
  • Centerra operates three mines, the Kumtor Mine in the Kyrgyz Republic, the Mount Milligan Mine in British Columbia, Canada and the \xc3\x96ks\xc3\xbct Mine in Turkey.
  • Centerra's shares trade on the Toronto Stock Exchange (TSX) under the symbol CG and on the New York Stock Exchange (NYSE) under the symbol CGAU.

Centerra Gold Comments on Kyrgyz Republic Developments

Friday, May 7, 2021 - 11:30am

b"TORONTO, May 07, 2021 (GLOBE NEWSWIRE) -- Centerra Gold Inc. (\xe2\x80\x9cCenterra\xe2\x80\x9d) (TSX: CG) (NYSE: CGAU) announced today that it has become aware of a number of legal and political developments in the Kyrgyz Republic which may affect Centerra\xe2\x80\x99s ownership of the Kumtor Mine and its rights under the 2009 restated project agreements which govern the Kumtor Mine.\nFirst, the Company understands that a law has been passed by the Kyrgyz Republic Parliament which would enable the Kyrgyz Republic Government to impose \xe2\x80\x9cexternal management\xe2\x80\x9d on companies in the Kyrgyz Republic operating under concession agreements.

Key Points: 
  • b"TORONTO, May 07, 2021 (GLOBE NEWSWIRE) -- Centerra Gold Inc. (\xe2\x80\x9cCenterra\xe2\x80\x9d) (TSX: CG) (NYSE: CGAU) announced today that it has become aware of a number of legal and political developments in the Kyrgyz Republic which may affect Centerra\xe2\x80\x99s ownership of the Kumtor Mine and its rights under the 2009 restated project agreements which govern the Kumtor Mine.\nFirst, the Company understands that a law has been passed by the Kyrgyz Republic Parliament which would enable the Kyrgyz Republic Government to impose \xe2\x80\x9cexternal management\xe2\x80\x9d on companies in the Kyrgyz Republic operating under concession agreements.
  • The law was proposed, passed three readings and was adopted by Parliament in a single day and will now be referred to the President of the Kyrgyz Republic for signature.
  • The Company therefore believes strongly that the claims advanced by the State Tax Service and such individual Kyrgyz Republic claimants are entirely meritless and the new and draft Kyrgyz Republic laws noted above, if implemented, would clearly violate the 2009 restated project agreements and the 2009 Kyrgyz Republic laws which confirmed such agreements.
  • Centerra operates three mines, the Kumtor Mine in the Kyrgyz Republic, the Mount Milligan Mine in British Columbia, Canada and the \xc3\x96ks\xc3\xbct Mine in Turkey.

Pacific Ridge Continues to Build Its Portfolio of BC Copper Gold Projects with the Acquisition of the RDP Project

Tuesday, May 4, 2021 - 1:00pm

"Pacific Ridge is well on its way to becoming one of BC\'s leading copper-gold exploration companies.

Key Points: 
  • "Pacific Ridge is well on its way to becoming one of BC\'s leading copper-gold exploration companies.
  • The Company will mobilize a field crew to RDP this summer while the drill program is underway at Kliyul.
  • Pacific Ridge expects the drill program at Kliyul to commence sometime in July.
  • Pacific Ridge\'s flagship project is the advanced-stage Kliyul copper-gold project, located in the Quesnel Trough, approximately 50 km southeast of Centerra Gold\'s Kemess project.

Hycroft Nominates Stephen Lang And David Naccarati To Board Of Directors

Wednesday, April 14, 2021 - 12:08pm

b'DENVER, April 14, 2021 /PRNewswire/ --Hycroft Mining Holding Corporation (Nasdaq: HYMC) ("Hycroft" or the "Company"), a gold and silver producer operating the Hycroft Mine in the prolific mining region of Northern Nevada, is pleased to announce that it will nominate Mr. Stephen A. Lang and Mr. David Naccarati, to its Board of Directors at its upcoming Annual Meeting being held on May 24, 2021.\nDavid Kirsch, Chairman of the Board of Directors, said, "we are very pleased to invite and nominate Steve and David to the Board of Directors.

Key Points: 
  • b'DENVER, April 14, 2021 /PRNewswire/ --Hycroft Mining Holding Corporation (Nasdaq: HYMC) ("Hycroft" or the "Company"), a gold and silver producer operating the Hycroft Mine in the prolific mining region of Northern Nevada, is pleased to announce that it will nominate Mr. Stephen A. Lang and Mr. David Naccarati, to its Board of Directors at its upcoming Annual Meeting being held on May 24, 2021.\nDavid Kirsch, Chairman of the Board of Directors, said, "we are very pleased to invite and nominate Steve and David to the Board of Directors.
  • Mr. Lang is currently Chair of the Board of Hudbay Minerals Inc., a low-cost, long-life, diversified mining company.
  • He was Chief Executive Officer of Centerra Gold Inc., a publicly traded mining company, from 2008 to 2012 and served as Centerra\'s Board Chair from 2012 to 2019.
  • He was a member of the Board of Directors of a predecessor company during the development of the Hycroft Mine from 2013 through 2015.

Centerra Gold 2021 First Quarter Results Conference Call and Annual Meeting of Shareholders Details

Friday, April 9, 2021 - 4:21pm

TORONTO, April 09, 2021 (GLOBE NEWSWIRE) -- Centerra Gold Inc. (Centerra) (TSX: CG) 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. (Toronto time).

Key Points: 
  • TORONTO, April 09, 2021 (GLOBE NEWSWIRE) -- Centerra Gold Inc. (Centerra) (TSX: CG) 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. (Toronto time).
  • The Company will also host its 2021 Annual Meeting of Shareholders on May 11, 2021 at 11:00 a.m. (Toronto time) in a virtual only format.
  • Centerras Annual Meeting of Shareholders will be held on Tuesday, May 11, 2021 at 11:00 a.m. (Toronto time).
  • Voting and participation instructions for eligible shareholders are provided in the Companys Notice of Annual Meeting of Shareholders and the Management Information Circular.

Centerra Gold Comments on Tax Claims Received from Kyrgyz Authorities

Thursday, March 18, 2021 - 2:05pm

TORONTO, March 18, 2021 (GLOBE NEWSWIRE) -- Centerra Gold Inc. (Centerra) (TSX: CG) comments today on tax claims received by its Kyrgyz Republic subsidiary, Kumtor Gold Company CJSC (KGC), from the Kyrgyz Republic State Tax Service.

Key Points: 
  • TORONTO, March 18, 2021 (GLOBE NEWSWIRE) -- Centerra Gold Inc. (Centerra) (TSX: CG) comments today on tax claims received by its Kyrgyz Republic subsidiary, Kumtor Gold Company CJSC (KGC), from the Kyrgyz Republic State Tax Service.
  • Each of these claims was initially raised by the State Tax Service in 2018 but subsequently withdrawn or terminated pursuant to decisions of the State Tax Service in March 2018.
  • The State Tax Service has now annulled its previous decision in order to revive such claims.
  • KGC has also received requests from the State Tax Service to re-audit KGCs financial accounts for 2014 through 2019.

Centerra Gold Announces Quarterly Dividend of C$0.05 per common share

Wednesday, February 24, 2021 - 11:03am

TORONTO, Feb. 24, 2021 (GLOBE NEWSWIRE) -- Centerra Gold Inc. (Centerra) (TSX: CG) 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.

Key Points: 
  • TORONTO, Feb. 24, 2021 (GLOBE NEWSWIRE) -- Centerra Gold Inc. (Centerra) (TSX: CG) 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 payable on April 6, 2021 to shareholders of record on March 16, 2021.
  • Centerra continues to proactively monitor closely the evolving situation relating to COVID-19 and how it may affect the Companys business.
  • Centerra Gold Inc. is a Canadian-based gold mining company focused on operating, developing, exploring and acquiring gold properties in North America, Asia and other markets worldwide and is one of the largest Western-based gold producers in Central Asia.

Centerra Gold Announces 2021 Guidance and 3-Year Outlook

Wednesday, February 24, 2021 - 11:01am

To satisfy its obligations under the Mount Milligan Streaming Arrangement the Company purchases refined gold and copper warrants and arranges for delivery to Royal Gold.

Key Points: 
  • To satisfy its obligations under the Mount Milligan Streaming Arrangement the Company purchases refined gold and copper warrants and arranges for delivery to Royal Gold.
  • Other material assumptions used in forecasting production and costs for 2021 can be found under the heading Caution Regarding Forward-Looking Information in this document.
  • For 2021, based on the assumed copper price of $3.36 per pound and assumed gold price of $1,750 per ounce, 521 pounds of copper was equivalent to one ounce of gold.
  • Centerra Gold Inc. is a Canadian-based gold mining company focused on operating, developing, exploring and acquiring gold properties in North America, Asia and other markets worldwide and is one of the largest Western-based gold producers in Central Asia.

Alamos Gold Announces Appointment of Vice President, Projects

Monday, February 1, 2021 - 11:55am

TORONTO, Feb. 01, 2021 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (Alamos or the Company) is pleased to announce the appointment of John Fitzgerald as its Vice President, Projects.

Key Points: 
  • TORONTO, Feb. 01, 2021 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (Alamos or the Company) is pleased to announce the appointment of John Fitzgerald as its Vice President, Projects.
  • Mr. Fitzgerald will lead all engineering, procurement and construction activities for the Companys development projects.
  • Mr. Fitzgerald has more than 30 years of global experience in progressive engineering and management positions and was most recently Vice President, Projects & Technical Services at Centerra Gold.
  • Alamos is a Canadian-based intermediate gold producer with diversified production from three operating mines in North America.