Paul Korpi Appointed Vice President and Chief Operating Officer
TORONTO, ONTARIO - June 22, 2007 - Centerra Gold Inc. (TSX:CG) is pleased to announce the appointment of Paul A. Korpi as Vice President and Chief Operating Officer of Centerra Gold Inc. Paul's appointment is effective immediately replacing George R. Burns, who is leaving the Company to pursue another opportunity.
Mr. Korpi has over 30 years experience in the mineral sector in exploration, engineering, development and operations. Paul joined Centerra in 2004 as Vice President Operations at Boroo Gold Company (BGC) in Mongolia and since early 2005; he has been President of BGC. Under Paul's leadership, the Boroo gold mine has achieved an excellent safety and operating record. Prior to joining Centerra, Mr. Korpi worked with Cleveland Cliffs, Inc., SNC-Lavalin and Newmont Mining Corporation, where he served in various capacities including General Manager at several of Newmont's gold properties in Nevada, as well as Director of Development and General Manager for Newmont and Sumitomo's Batu Hijau Project in Indonesia. Mr. Korpi has a Bachelor of Science degree in Metallurgical Engineering from the Michigan Technological University.
Len Homeniuk, President and Chief Executive Officer of Centerra said, "I welcome Paul to the Centerra Toronto team. I am confident that Paul will advance our best practice process, for safety, health and prudent environmental stewardship."
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.
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 
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Centerra Gold Inc
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PRODUCER |
CODE : CG.TO |
ISIN : CA1520061021 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Centerra Gold is a gold producing company based in Canada. Centerra Gold holds various exploration projects in Russia. Its main assets in production are KUMTOR in Kyrgyzstan and BOROO in Mongolia, its main asset in development is GATSUURT in Mongolia and its main exploration properties are AKARCA in Turkey and REN and KARA BELDYR in Russia. Centerra Gold is listed in Canada and in Germany. Its market capitalisation is CA$ 2.5 billions as of today (US$ 1.8 billions, € 1.7 billions). Its stock quote reached its lowest recent point on October 24, 2008 at CA$ 0.79, and its highest recent level on April 21, 2023 at CA$ 9.99. Centerra Gold has 291 280 000 shares outstanding. |