Market & Economy News

Centerra Gold Provides Update on Impact of Heavy Rains in British Columbia

TORONTO, Nov. 19, 2021 (GLOBE NEWSWIRE) — 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. Read More