Centerra Gold Reports Two Missing Employees After Significant Rock Movement in Lysii Waste Rock Dump at Kumtor
1 University Avenue, Suite 1500
Toronto, ON
M5J 2P1
tel 416-204-1953
fax 416-204-1954
www.centerragold.com
NEWS RELEASE
Centerra Gold Reports Two Missing Employees After Significant Rock Movement in
Lysii Waste Rock Dump at Kumtor
Toronto, Canada, December 1, 2019: Centerra Gold Inc. (“Centerra”) (TSX: CG) today announced
that the Kumtor Mine, located in the Kyrgyz Republic, experienced a significant rock movement at the
Lysii Waste Rock Dump early this morning. Kumtor initiated an emergency evacuation of all mine
personnel from the area and an immediate cessation of mining operations . Two Kumtor employees
who were working in the area did not report to the emergency gathering area and remain missing.
Centerra’s first priority at this time is to locate the missing employees through a search and rescue
operation which began immediately and is ongoing in cooperation with the Kyrgyz Republic Ministry
of Emergencies. The Company has also notified all relevant government authorities and the families of
the missing employees.
Scott Perry, President and Chief Executive Officer of Centerra said, “O ur pr imary focus right
now remains on the safe return of our two missing employees and the safety of our search and rescue
teams who are working in very ch allenging circumstances. While the search continues, we are
coordinating closely with the family members of the missing employees and our thoughts and
support are with the families, the search and rescue teams, as well as with the entire Kumtor team.”
Op
en pit mining operations have been temporarily halted and the mine plan is being re-evaluated. The
Company will not be in a posit ion to make any comments about the re -start of open pit mining
operations until the search and rescue efforts have been completed and a revised mine plan has been
developed.
Th
e Kumtor mill is expected to continue uninterrupted processing ore that has bee n stockpiled on
surface and there is no change to the Company’s production outlook for 2019.
I
nformation contained in this news release which is not a statement of historical fact may be “forward-
looking information” for the purposes of Canadian securities laws. Such forward-looking information
involves assumptions, 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 information. The words “believe”, “expect”, “anticipate”, “contemplate”, “plan”, “intends”,
“continue”, “budget”, “estimate”, “may”, “will”, “schedule”, “understand” and similar expressions
identify forward-looking information. These forward-looking statements relate to, among other things,
Kumtor Mine’s revised mine plan, mill processing expectations and 2019 production guidance.
F
orward-looking information is necessarily based upon a number of estimates and assumptions that,
while considered reasonable by Centerra, are inherently subject to significant political, business,
1 University Avenue, Suite 1500
Toronto, ON
M5J 2P1
tel 416-204-1953
fax 416-204-1954
www.centerragold.com
2
economic and competitive uncertainties and contingencies. Known and unknown factors could cause
actual results to differ materially from those projected in the forward-looking information. Factors that
could cause actual results or events to differ materially from current expectations include the success
of the Company’s search and rescue operations, the stabilization of the Lysii Waste Rock Dump, mill
infrastructure in the vicinity of the Lysii Waste Rock Dump, including the reclaim water pipeline and
power line, remain unaffected, ongoing cooperation with Kyrgyz state agencies to revise Kumtor’s
mine plan and ensure any ordinary course permits are received and not revoked and the absence of
labour or other unrest which may disrupt milling operations.
About Centerra
Centerra Gold Inc. is a Canadian -based gold mining company focused on operating, developing,
exploring and acquiring gold properties in North America, Asia and other markets worldwide and is
the largest Western-based gold producer in Central Asia . Centerra operates two flagship assets, the
Kumtor Mine in the Kyrgyz Republic and the Mount Milligan Mine in British Columbia, Canada and
is building its next gold mine, the 100% owned Öksüt Mine in Turkey. Centerra’s shares trade on the
Toronto Stock Exchange (TSX) under the symbol CG. The Company is based in Toronto, Ontario,
Canada.
For more information:
John W. Pearson
Vice President, Investor Relations
Centerra Gold Inc.
(416) 204-1953
Additional information on Centerra is available on the Company’s web site at
www.centerragold.com and at SEDAR at www.sedar.com.
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