Centerra Gold Confirms Removal of Roadblock
TORONTO, ONTARIO - May 14, 2007 - Centerra Gold Inc. (TSX:CG) today confirmed that the illegal roadblocks have been removed and normal transportation to the Kumtor mine site has resumed. Gold production at Kumtor has not been affected.
About Centerra
Centerra is a growth-oriented, gold Company focused on acquiring, exploring, developing and operating gold properties primarily in Central Asia, the former Soviet Union and other emerging markets. Centerra is a leading North American-based gold producer and the largest Western-based gold producer in Central Asia and the former Soviet Union. Centerra's shares trade on the Toronto Stock Exchange under the symbol CG. The Company is based in Toronto, Canada.
Forward Looking Statements
Statements contained in this news release which are not historical facts are forward-looking statements that involve risks, uncertainties and other factors that could cause actual results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results or events to differ materially from current expectations include, among other things: volatility and sensitivity to market prices for gold; replacement of reserves; equipment failure; unexpected geological or hydrological conditions; political risks arising from operating in certain developing countries; defects in title; imprecision in reserve estimates; success of future exploration and development initiatives; competition; operating performance of the facilities; environmental and safety risks including increased regulatory burdens; seismic acti
vity, weather and other natural phenomena; failure to obtain necessary permits and approvals from government authorities; changes in government regulations and policies, including trade and tax laws and policies; ability to maintain and further improve positive labour relations; and other development and operating risks. For further discussion of the factors that could cause actual results to differ materially, please refer to Centerra's Annual Information Form and Annual Management's Discussion and Analysis for the year ended December 31, 2006, available on SEDAR at www.sedar.com.
Additional information
Additional information on Centerra is available on SEDAR at www.sedar.com and the Company's website at www.centerragold.com.
CONTACT INFORMATION
Centerra Gold Inc.
John W. Pearson
Director, Investor Relations
(416) 204-1241
Website: www.centerragold.com
RENMARK FINANCIAL COMMUNICATIONS INC.
HENRI PERRON : HPERRON@RENMARKFINANCIAL.COM
JASON ROY : JROY@RENMARKFINANCIAL.COM
TEL. : (514) 939-3989
FAX : (514) 939-3717
WWW.RENMARKFINANCIAL.COM  
|
VanEck Vectors Global Alternative Energy ETF
|
|
PRODUCTEUR |
CODE : CG.TO |
ISIN : CA1520061021 |
|
| |
ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Centerra Gold est une société de production minière d'or et de cuivre basée au Canada. Centerra Gold détient divers projets d'exploration in Russia. Ses principaux projets en production sont KUMTOR au Kirghizistan et BOROO en Mongolie, son principal projet en développement est GATSUURT en Mongolie et ses principaux projets en exploration sont AKARCA en Turquie et REN et KARA BELDYR in Russia. Centerra Gold est cotée au Canada et en Allemagne. Sa capitalisation boursière aujourd'hui est 390,4 millions (279,8 millions US$, 263,6 millions €). La valeur de son action a atteint son plus bas niveau récent le 24 octobre 2008 à 0,79 , et son plus haut niveau récent le 21 avril 2023 à 9,99 . Centerra Gold possède 47 442 200 actions en circulation. |