Centerra Gold Provides Update on Impact of Heavy Rains in British Columbia
November 19 2021 - 9:07AM
Centerra Gold Inc. (“Centerra” or the “Company”) (TSX: CG) (NYSE:
CGAU) reported today that due to the recent heavy rain, flooding
and mudslides in British Columbia, rail service between the
Vancouver west coast terminals and the Company’s Mount Milligan
Mine has been temporarily disrupted. The disruption affects the
movement of Mount Milligan’s concentrate to Vancouver terminals as
well as the delivery of some parts and consumables to the mine.
Production at the Mount Milligan Mine has not been impacted at this
time; however, the overall impact on production and sales will be
dependent on, among other things, the duration of the rail
disruption. Centerra is focused on protecting the health and safety
of employees and contractors and we are continuing to closely
monitor the situation.
About Centerra GoldCenterra
Gold Inc. is a Canadian-based gold mining company focused on
operating, developing, exploring and acquiring gold properties in
North America, Turkey and other markets worldwide. Centerra
operates two mines: the Mount Milligan Mine in British Columbia,
Canada, and the Öksüt Mine in Turkey. While the Company still owns
the Kumtor Mine in the Kyrgyz Republic, it is currently no longer
under the Company’s control. The Company also owns the
pre-development stage Kemess Underground Project in British
Columbia, Canada and owns and operates the Molybdenum Business Unit
in the United States. 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.
For more information:John W. PearsonVice
President, Investor Relations(416)
204-1953john.pearson@centerragold.com
Toby CaronTreasurer and Director, Investor RelationsCenterra
Gold Inc. (416) 204-1694toby.caron@centerragold.com
Additional information on Centerra is available on the
Company’s web site at www.centerragold.com and at
SEDAR at www.sedar.com and EDGAR at
www.sec.gov/edgar.
A PDF accompanying this announcement is available
at http://ml.globenewswire.com/Resource/Download/154f753e-273c-4bae-b788-4c8e90629145
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