Welcome to our dedicated page for Centerra Gold SEC filings (Ticker: CGAU), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Our SEC filing database is enhanced with expert analysis from Rhea-AI, providing insights into the potential impact of each filing on Centerra Gold's stock performance. Each filing includes a concise AI-generated summary, sentiment and impact scores, and end-of-day stock performance data showing the actual market reaction. Navigate easily through different filing types including 10-K annual reports, 10-Q quarterly reports, 8-K current reports, proxy statements (DEF 14A), and Form 4 insider trading disclosures.
Designed for fundamental investors and regulatory compliance professionals, our page simplifies access to critical SEC filings. By combining real-time EDGAR feed updates, Rhea-AI's analytical insights, and historical stock performance data, we provide comprehensive visibility into Centerra Gold's regulatory disclosures and financial reporting.
Centerra Gold Inc. reported sharply stronger 2025 results, with revenue of $1,384,562,000 and net earnings of $583,988,000, up from $80,394,000 in 2024. Basic earnings per share rose to $2.85 from $0.38.
Results were boosted by a net impairment reversal of $341,110,000, including reversals at the Kemess and Goldfield projects, and a gain on the Greenstone Partnership sale. Cash from operating activities increased to $348,632,000, funding $253,612,000 of capital additions and share repurchases of 11.5 million shares.
Year-end cash and cash equivalents were $528,931,000. KPMG LLP issued unqualified opinions on both the consolidated financial statements and the effectiveness of internal control over financial reporting as of December 31, 2025.
Centerra Gold Inc. reported that its Board of Directors has approved a quarterly dividend of C$0.07 per common share, totaling approximately C$14.0 million or US$10.2 million. The dividend will be paid on March 26, 2026 to shareholders of record at the close of business on March 12, 2026.
The dividend is designated as an eligible dividend for Canadian income tax purposes. Centerra notes that future dividends will continue to be set by the Board in line with its dividend policy, considering operating results, cash flow, financial condition, capital needs, and broader business conditions.
Centerra Gold reported a major upgrade to its 2025 year-end mineral inventory. Proven and probable gold reserves rose 58% year-over-year to 5.5 million ounces, while proven and probable copper reserves increased 49% to 1.7 billion pounds as of December 31, 2025.
Total measured and indicated gold resources inclusive of reserves reached 10.8 million ounces, and measured and indicated copper resources were 3.6 billion pounds. The increases are driven mainly by drilling and updated studies at Mount Milligan, Kemess and Goldfield, where multiple long intercepts of gold-copper mineralization support potential mine life extensions.
Centerra plans 2026 exploration spending of $40–$50 million, split roughly evenly between brownfield work at Mount Milligan, Kemess and Öksüt and greenfield programs in Canada, the United States and Türkiye. Management highlights Mount Milligan as a 20-year cornerstone asset with meaningful low-cost gold and copper production and significant exploration upside.
Centerra Gold reported a much stronger 2025, combining solid mine performance with a growing project pipeline. Full-year revenue reached $1.38B, up 14%, on consolidated production of 275,316 ounces of gold and 50.5 million pounds of copper, both broadly in line with guidance.
Net earnings jumped to $584.0M, or $2.85 per share, helped by non-cash impairment reversals, while adjusted net earnings were $228.6M and adjusted EBITDA $448.4M. All-in sustaining costs on a by-product basis averaged $1,614 per ounce of gold, below 2025 cost guidance, and year-end liquidity was strong at $928.9M, including $528.9M of cash and an undrawn $400.0M credit facility.
The company returned capital through $93.7M of share buybacks, about 5% of outstanding shares, and $41.1M in dividends. For 2026, Centerra guides to 250,000–280,000 ounces of gold and 50–60 million pounds of copper, with higher cost ranges but continued robust cash flow expected from Mount Milligan and Öksüt.
Growth projects advanced meaningfully. A PEA for Kemess outlined an after-tax NPV5% of $1.1B and 16% IRR at long-term prices, while Goldfield’s study showed an after-tax NPV5% of $245M and 30% IRR with first production targeted by the end of 2028. Mount Milligan’s life-of-mine was extended to 2045 with an after-tax NPV5% of about $1.5B. Thompson Creek’s restart continues, with total capital now estimated at $425M–$450M and first production planned for mid-2027.
The main operational setback was a January 2026 explosion near the acid plant at the Langeloth metallurgical facility, which led to a temporary suspension. Repairs are estimated at $5–$10M, with full operations expected to resume by May 2026.
Donald Smith & Co., Inc. and DSCO Value Fund, L.P. filed a Schedule 13G reporting beneficial ownership of 14,158,116 common shares of Centerra Gold Inc., representing about 7.02% of the class as of 12/31/2025.
Donald Smith & Co., Inc. has sole voting power over 13,744,315 shares and sole dispositive power over 14,028,025 shares, while DSCO Value Fund, L.P. has sole voting and dispositive power over 130,091 shares. The filing states the securities are held in the ordinary course of business and not for the purpose of changing or influencing control of the company.
Centerra Gold Inc. temporarily suspended operations at its Langeloth Metallurgical Facility near Pittsburgh following an explosion on January 29, 2026 caused by an uncontrolled mixture of chemicals adjacent to the acid plant. Two contractors were hospitalized with injuries and two employees were hospitalized as a precaution, but no fatalities were reported.
The company states there is presently no indication of a significant environmental release and that relevant regulatory agencies and authorities have been notified. Centerra is assessing the expected downtime at Langeloth and plans to provide an update when more information becomes available.
Centerra Gold Inc. reports that its Mount Milligan mine in British Columbia has received an amended environmental assessment and all related permits to continue operations through 2035. The new authorizations include a planned 10% expansion in plant throughput beginning in 2028 and increased stockpile capacity to improve flexibility in feeding the processing plant.
The company is advancing engineering and other studies to support future permits needed to realize a previously outlined extension of Mount Milligan’s mine life to 2045, tied to a $186 million growth capital plan described in an earlier pre-feasibility study. Management highlights Mount Milligan as a cornerstone asset expected to support more than 1,000 jobs and broaden business opportunities for First Nations, nearby communities, and the Province of British Columbia.
Centerra Gold released a preliminary economic assessment for its Kemess gold-copper project in British Columbia, outlining a large-scale, long-life mine plan that could significantly expand the company’s production base. The study shows an after-tax NPV5% of $1.1B and an IRR of 16% using long-term prices of $3,000 per ounce gold and $4.50 per pound copper, rising to an NPV5% of $2.8B and IRR of 29% at higher spot prices.
The PEA envisions a 15-year open pit and underground operation averaging 171,000 ounces of gold and 61 million pounds of copper per year, at all-in sustaining costs of $971 per ounce on a by-product basis. Initial non-sustaining capital is estimated at $771M with a further $277M of expansionary capital and $595M of sustaining capital over the life of mine, leveraging existing processing, power and site infrastructure.
The updated mineral resource totals 3.3 million ounces of indicated gold and 3.6 million ounces of inferred gold, plus over 2.3 million ounces of contained gold and 851 million pounds of copper in the PEA inventory. Centerra highlights substantial exploration upside at Kemess Main, Underground, East and Offset, and plans to advance the project toward a Pre-Feasibility Study in 2027, while emphasizing that the PEA is preliminary and mineral resources do not have demonstrated economic viability.
Centerra Gold Inc. (CGAU): Schedule 13G filing discloses that Donald Smith & Co., Inc. and DSCO Value Fund, L.P. beneficially own 11,622,624 common shares, representing 5.72% of the class.
Donald Smith & Co., Inc. reports sole voting power over 11,278,855 shares and sole dispositive power over 11,535,265 shares; DSCO Value Fund, L.P. reports 87,359 shares for both sole voting and dispositive power. The securities are reported as held in the ordinary course and not for the purpose of changing or influencing control.