Centerra Gold Announces Key Leadership Transition for Growth

Author: Owen Jenkins Updated: 03-04-2025 05:15 PM

Centerra Gold Announces Key Leadership Changes

Centerra Gold Inc., a leading name in the gold mining sector, has recently made a significant stride in its leadership team. The company has appointed David Hendriks as the new Executive Vice President and Chief Operating Officer, effective from April 15, 2025. This change follows the announcement of Paul Chawrun's departure from the company, which will take place on March 31, 2025.

Leadership Transition

Paul Tomory, the President and CEO of Centerra, expressed his gratitude towards Chawrun, recognizing his substantial contributions since joining the company in 2022. Tomory noted Chawrun's unwavering commitment to safe operational results and his leadership in the optimization of the Mount Milligan site.
"On behalf of Centerra's Board and leadership team, I would like to thank Paul for his hard work and dedication," Tomory remarked.

Welcoming David Hendriks

As the new Chief Operating Officer, David Hendriks brings with him a wealth of experience, having spent over three decades in the mining industry. His past roles include significant positions at Calibre Mining and Kinross Gold, where he contributed to operational growth and sustainability initiatives.
Tomory is confident that Hendriks' expertise will propel Centerra toward further success, focusing on operational excellence and sustainable growth.

David Hendriks’ Background

Hendriks, who has recently served as the Senior Vice President of Nicaraguan Operations at Calibre Mining, has been instrumental in overseeing multi-site operations and driving production growth. Before Calibre, he held leadership positions at Kinross Gold, managing large-scale operations in Nevada and Mauritania.
His academic credentials include a Bachelor of Science in Mine Engineering from Queen's University, showcasing his strong foundation in the field.

About Centerra Gold Inc.

Centerra Gold Inc. is a Canadian-based gold mining company dedicated to exploring and acquiring gold and copper properties across North America, Türkiye, and other international markets. The company currently operates two mines: the Mount Milligan Mine located in British Columbia and the Öksüt Mine in Türkiye. In addition, Centerra owns the Kemess Project in British Columbia and the Goldfield Project in Nevada. Their shares trade under the symbol CG on the Toronto Stock Exchange and CGAU on the New York Stock Exchange.

Future Prospects

The leadership changes at Centerra Gold signal a new era for the company as it continues to focus on enhancing operational efficiencies and sustainable development. The mining industry, known for its challenges, requires strong leadership to navigate market changes effectively.
Hendriks' appointment is seen as a strategic move to align operational capabilities with the company's growth objectives.

Frequently Asked Questions

What positions are being changed at Centerra Gold?

David Hendriks has been appointed as the new Chief Operating Officer, replacing Paul Chawrun.

What is the background of David Hendriks?

Hendriks is a seasoned mining executive with over 30 years of experience, previously working at Calibre Mining and Kinross Gold.

When will the leadership change take effect?

The change will be effective from April 15, 2025.

What are Centerra Gold's main areas of operation?

The company operates gold and copper mining properties in North America, Türkiye, and globally, with operations including the Mount Milligan and Öksüt mines.

How does Centerra Gold plan to achieve its goals?

With Hendriks' appointment, Centerra aims to enhance operational results, efficiency, and sustainable growth in the mining sector.

About The Author

Hi there I'm 38-year-old author and financial consultant Owen Jenkins. Having worked in the financial sector for more than ten years, I am well-versed in the subtleties and complexity that mold our financial environment. Following a degree in finance, I worked in a number of financial institutions honing my abilities in market analysis, financial planning, and investment strategies.

My love is teaching others about investing and personal finance. My goal in writing many books and articles has been to demystify financial ideas and give readers the information they need to make wise financial decisions. I write with a direct, useful style that emphasizes doable suggestions for daily living.

Along with writing, I lead webinars and seminars where I impart knowledge on how to successfully negotiate the financial world. I also write for financial journals and show up as a guest expert on financial news programs a lot. Whether they are new to investing or want to improve their approach, my mission is to enable people to take charge of their financial futures.

Beyond work, I like to hike, play the guitar, and spend time with my family. I think that balance is crucial and want to encourage people to strike a balance between their financial aspirations and their hobbies. I want to help people succeed and achieve financial security through my work, so having a good influence.

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