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Centerra Gold Provides Öksüt Mine Update on Earthquake in Türkiye

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Centerra Gold Inc. (TSX: CG, NYSE: CGAU) reports that its Öksüt Mine in Türkiye continues to operate normally following recent earthquakes in southeastern Türkiye and northern Syria, located approximately 180 kilometers away. No injuries or infrastructure damage were reported at the mine or other Company offices in Türkiye. Interim CEO Paul Wright expressed condolences to those affected by the disaster and outlined the Company's commitment to assist Turkish emergency authorities. Centerra operates two mines and holds several additional projects in North America and Türkiye.

Positive
  • Öksüt Mine operations unaffected by nearby earthquakes.
  • No reported injuries to employees or damage to infrastructure.
Negative
  • None.

TORONTO, Feb. 06, 2023 (GLOBE NEWSWIRE) -- Centerra Gold Inc. (“Centerra” or the “Company”) (TSX: CG and NYSE: CGAU) reports that its Öksüt Mine, located in central Türkiye, is continuing to operate normally after two powerful earthquakes occurred in southeastern Türkiye and northern Syria, approximately 180 kilometres from the Öksüt Mine site. There were no injuries to our employees or contractors at the mine or at the Company’s other offices within Türkiye and initial inspections have not detected any damage to the infrastructure at the Öksüt Mine.

Paul Wright, Centerra’s Interim President and Chief Executive Officer, stated “Centerra offers its condolences to the people of Türkiye and all those that have lost loved ones in this natural disaster. The Company has mobilized an emergency response team from the Öksüt Mine to assist Turkish state emergency preparedness authorities and regional disaster response organizations and will continue to provide support where possible.”

About Centerra
Centerra Gold Inc. is a Canadian-based gold mining company focused on operating, developing, exploring and acquiring gold and copper properties in North America, Türkiye, and other markets worldwide. Centerra operates two mines: the Mount Milligan Mine in British Columbia, Canada, and the Öksüt Mine in Türkiye. Centerra also owns the Goldfield District Project in Nevada, United States, the Kemess Underground Project in British Columbia, Canada, and owns and operates the Molybdenum Business Unit in the United States and Canada. Centerra’s shares trade on the TSX under the symbol CG and on the NYSE under the symbol CGAU. Centerra is based in Toronto, Ontario, Canada.

For more information:

Toby CaronShae Frosst
Treasurer and Director, Investor RelationsManager, Investor Relations
(416) 204-1694(416) 204-2159
toby.caron@centerragold.comshae.frosst@centerragold.com

Additional information on Centerra Gold is available on the Company’s website at www.centerragold.com and on 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/44c9f5dd-babe-4268-bcd3-07c138774449

 


FAQ

What is the status of Centerra Gold Inc.'s Öksüt Mine after the earthquakes?

The Öksüt Mine is operating normally with no reported injuries or damage.

How far were the recent earthquakes from Centerra's Öksüt Mine?

The earthquakes occurred approximately 180 kilometers from the Öksüt Mine.

What has Centerra Gold Inc. done in response to the earthquakes in Türkiye?

Centerra has mobilized an emergency response team to assist local authorities.

What is the stock symbol for Centerra Gold Inc.?

Centerra Gold Inc. trades under the symbols CG on TSX and CGAU on NYSE.

Centerra Gold Inc.

NYSE:CGAU

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