Van Eck Discloses 13,577,878 Shares (6.58%) in Centerra Gold

Rhea-AI Filing Summary

Centerra Gold Inc. is reported to have 13,577,878 common shares beneficially owned by Van Eck Associates Corporation, representing 6.58% of the class. Van Eck reports sole voting power for 13,518,579 shares and sole dispositive power for 13,577,878 shares. The filing states these securities are held in the ordinary course of business and were not acquired to change or influence control of the issuer. This disclosure updates ownership and clarifies Van Eck's voting and disposition authorities without indicating any group affiliation.

Positive

• Beneficial ownership of 13,577,878 shares (6.58%) disclosed, exceeding the 5% reporting threshold and increasing transparency for investors
• Sole voting power for 13,518,579 shares and sole dispositive power for 13,577,878 shares, clarifying Van Eck's control over voting and disposition of its position

Negative

• None.

Insights

Securities Analyst

TL;DR: Van Eck holds a material 6.58% stake with sole dispositive control; the filing is a routine institutional disclosure.

The Schedule 13G shows an institutional investor reporting beneficial ownership above the 5% threshold, with 13,577,878 shares and sole dispositive power. Because the filing states the securities are held in the ordinary course and not for control, this is a standard passive disclosure rather than an active takeover signal. Materiality stems from the stake size relative to the float, but the filing itself does not announce strategic actions.

Corporate Governance Expert

TL;DR: This disclosure clarifies Van Eck's authority over shares while asserting no intent to influence control.

The report specifies sole voting power for 13,518,579 shares and no shared voting or dispositive arrangements, and it explicitly states the holdings were not acquired to change control. From a governance perspective, the filing increases transparency about a notable institutional stake but does not signal activist behavior or group coordination.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 11)

Centerra Gold Inc.

(Name of Issuer)

Common Shares

(Title of Class of Securities)

152006102

(CUSIP Number)

06/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 152006102

1

Names of Reporting Persons

VAN ECK ASSOCIATES CORP

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 13,518,579.00
6	Shared Voting Power
7	Sole Dispositive Power 13,577,878.00
8	Shared Dispositive Power

9

Aggregate Amount Beneficially Owned by Each Reporting Person

13,577,878.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

6.58 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Centerra Gold Inc.
(b)	Address of issuer's principal executive offices: 1 UNIVERSITY AVENUE, SUITE 1800, TORONTO, Ontario, Canada, M5J 2P1
Item 2.
(a)	Name of person filing: Van Eck Associates Corporation
(b)	Address or principal business office or, if none, residence: 666 Third Ave, 9th Floor, New York NY 10017
(c)	Citizenship: Delaware
(d)	Title of class of securities: Common Shares
(e)	CUSIP No.: 152006102
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 13,577,878
(b)	Percent of class: 6.58 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 13,518,579
	(ii) Shared power to vote or to direct the vote:
	(iii) Sole power to dispose or to direct the disposition of: 13,577,878
	(iv) Shared power to dispose or to direct the disposition of:
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

VAN ECK ASSOCIATES CORP

Signature:	Ashley Sousa
Name/Title:	Ashley Sousa, AVP, Van Eck Associates Corporation
Date:	08/14/2025

FAQ

How many Centerra Gold (CGAU) shares does Van Eck hold?

Van Eck reports beneficial ownership of 13,577,878 shares, representing 6.58% of the class.

Does Van Eck have voting control over its CGAU shares?

Yes. The filing reports sole voting power for 13,518,579 shares and no shared voting power disclosed.

Is Van Eck trying to influence control of Centerra Gold (CGAU)?

The filing states the shares are held in the ordinary course of business and were not acquired to change or influence control of the issuer.

Does Van Eck share dispositive power with any group for its CGAU position?

No. The filing reports sole dispositive power for 13,577,878 shares and indicates no group affiliation was reported.

What triggered this Schedule 13G filing for CGAU?

The filing reports ownership above the 5% threshold; Van Eck's 6.58% beneficial stake requires disclosure under the applicable rules.