news

Centerra Gold appoints new CEO

Kitco Media
By Michael McCrae
Published
Updated
Kitco News
The Leading News Source in Precious Metals

Kitco NEWS has a diverse team of journalists reporting on the economy, stock markets, commodities, cryptocurrencies, mining and metals with accuracy and objectivity. Our goal is to help people make informed market decisions through in-depth reporting, daily market roundups, interviews with prominent industry figures, comprehensive coverage (often exclusive) of important industry events and analyses of market-affecting developments.

Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here!

(Kitco News) - Former Eldorado Gold CEO Paul Wright was appointed interim president and CEO of Centerra Gold (TSX:CG).

Centerra announced the move today.

Wright is replacing Scott Perry, who had been with the company for seven years.

Last month Centerra announced a production drop due to problems at its Oskut Mine in Turkey.

The company also lost its Kumtor Mine in the Kyrgyz Republic. In the spring Centerra and the new operators announced that the dispute had been settled.

In 2020 Centerra reported 783,308 ounces of gold production. In 2022 the company expects to produce between 245,000 and 265,000 gold ounces.

Soma increases income from mine operations in Q2 2022, gold production up
Kitco Media

Michael McCrae

Michael McCrae is leading Kitco's coverage of the mining sector. McCrae, who has both an MBA and CMA, knows how to build digital media properties. He was co-founder and publisher of MINING.com, an award-winning news site. Before coming to media, McCrae worked in IT and banking. Please reach out: mmccrae@kitco.com or (514) 670-1383. You can also follow him at @michaelmccrae.

Mdi Earth Logo

Share

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.