Centerra Gold Inc. is a gold mining company headquartered in Toronto, Ontario, Canada.
The company was formed and went public in 2004 when Saskatoon, Saskatchewan-based Cameco Corporation spun off its gold mining assets previously held by its 100%-owned subsidiary, Cameco Gold. On December 30, 2009 Cameco completed the disposition of its remaining interest in Centerra Gold.
Centerra owns and operates two gold producing mines:
- Kumtor Gold Mine in Kyrgyzstan (100% equity interest)
- Boroo Gold Mine in Mongolia (100% equity interest)
It also has interests in gold exploration, advanced exploration and development properties:
- Gatsuurt property in Mongolia near Boroo (100% equity interest)
- Oksut property in Turkey (100% equity interest)
- Trans-Canada property in Canada (50% equity interest)
Exploration interests in:
Canada, Mongolia, Portugal and Turkey
In 2014, Centerra's two mines produced over 620,000 ounces (19,310 kg) of gold; company's proven and probable reserves stand at 7.7 million ounces (240,000 kg) as of December 31, 2014.
In December 2016 Centerra Gold reported that its Kumtor Gold Mine in the Kyrgyz Republic had received the necessary permits and approvals for its 2017 mine plan.
Video Centerra Gold
References
Maps Centerra Gold
External links
- Official company website
- TSX Listing Stock Quote
Source of article : Wikipedia
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