Centerra Gold Mining News

Water shortage threatens BC copper-gold mine

Not the first time.

Centerra mine’s future up in the air as Kyrgyzstan to review deal

The parliament’s revision of the strategic agreement, set for September, may lead to increased environmental payments for the Canadian miner.

Centerra delays completion of deal over Kumtor mine as Kyrgyz PM mull revisions

Deadline for fulfillment of all conditions included in agreement with the Kyrgyz government, which would end all disputes over the firm’s Kumtor gold mine, has been pushed back about a month.

Future of Centerra mine uncertain as Kyrgyz Gov’t revising settlement deal

Prime Minister said he would submit tom parliament his own 'proposals' over a settlement reached last year, which would end long-dragged disputes between the company and the country over Kumtor gold mine.

Kyrgyz Republic former PM who signed deal with Centerra charged with corruption

It’s rumoured that Sapar Isakov's charges may put a pact ending long-dragged disputes between the Asian country and the Canadian miner in jeopardy.

Centerra gets $200 million for royalty portfolio and Kemess silver stream

The miner is receiving an upfront cash payment of $155 million for AuRico Metals’ royalty portfolio and about $45 million payable in four tranches for Kemess's silver output.

Chaarat Gold offer to Centerra values Kumtor mine at $800 million

The proposed acquisition means Chaarat would own Kumtor and will have control over management and operations of the mine.

Fate of Centerra mine not sealed as Kyrgyz-owned company yet to see takeover bid

Kyrgyzaltyn has yet to see an offer by Chaarat Gold Holdings to acquire Kumtor mine, which is the Central Asian nation’s largest gold operation.

Centerra rejects unsolicited offer for its Kumtor gold mine in Kyrgyzstan

Centerra and Kyrgyzstan have had a series of disputes over sharing profits from Kumtor, and London-listed Chaarat was offering the nation to increase its stake in the project’s cash flow in the three-way deal.

Centerra Gold halts mill operations in British Columbia due to lack of water

About 20% of the world’ fresh water is found in Canada.

Centerra Gold to buy AuRico Metals in $243m friendly deal

Producer offers 38.5% cash premium for AuRico Metals developing the Kemess gold and copper project in British Columbia, Canada.

Centerra Gold shares soar on Kyrgyz settlement talks

Canadian miner outlines terms of proposed environmental settlement with Asian nation that would remove cloud over massive Kumtor gold mine.

Centerra gets some breathing room in dispute with Kyrgyz Republic

The arbitrator has sided with miner, allowing it to move forward with the case against the Central Asian country.

UN court won’t dismiss Stans Energy claims against Kyrgyz Republic

The decision means the $210 million arbitration against the Kyrgyz Republic will advance to the merits stage, the Canadian junior said.

Kumtor good to mine through 2017

Toronto-based Centerra Gold has been granted the necessary permits and approvals for its 2017 mine plan in Kyrgyzstan.

Centerra Gold’s presence in Turkey

Centerra Gold, a Toronto-based Canadian company, appears in the news regarding its troubles in Kyrgyzstan and its operations at the Kumtor gold mine.

Centerra scraps dividends, gets Turkish project financing facility extended

Shares fell after the miner said it would suspend dividends until further notice, due to current restrictions to funds held at its Kyrgyz Republic subsidiary, Kumtor Gold.

Centerra expects more gold from Kumtor, but issues still loom

The miner increased gold output guidance for the mine to 520,000 to 560,000 ounces and lowered all-in sustaining cost forecast to $666 – $718 per ounce.

Done deal: Centerra Gold buys Thompson Creek for $1.1 billion

With the deal Centerra gets its hands on Mount Milligan, a large mine in British Columbia and reduces its reliance on Kumtor mine, in Kyrgyzstan, for cash flow.

Centerra Gold merges with Thompson Creek Metals in debt-focused deal

Thompson Creek Metals (TSX:TCM) will soon start operating its Mount Milligan copper-gold mine in British Columbia under a new name.

Kyrgyz authorities hand Centerra Gold final permit to keep Kumtor mine running

Kumtor mine is the country's largest private sector employer and taxpayer and Centerra’s main gold producing mine.

Centerra Gold to keep Kumtor mine open as Kyrgyzstan hands key permits

The company is yet to receive an approval of its Kumtor’s 2016 mine plan, which it requires to continue operating the mine beyond June 30.

Kyrgyzstan ratchets up dispute against Canada’s Centerra Gold

President Almazbek Atambayev has ordered state prosecutors to review the legality of agreements signed with the company in 2003-2004 and 2009.

Kyrgyz Rep. ratchets up dispute against Canadian gold miner

Toronto-based Centerra says new criminal probe of managers at its giant gold mine bars expats from leaving the Central Asian country.

Centerra Gold seeks international arbitration for dispute with Kyrgyzstan

The company said the arbitration proceedings will be held at Stockholm and Sweden, and that they will be conducted under the UNCITRAL rules.