Centerra is a Canadian-based gold mining and exploration company located in Toronto, Canada engaged in the operation, exploration, development and acquisition of gold properties in North America, Asia, and other markets worldwide. Our objective is to build shareholder value by maximizing the potential of our current properties and leveraging our financial strength and experience to acquire new long-life, low-cost projects.
Currently, we have two producing gold mines:
- 100% interest in the Kumtor Mine in the Kyrgyz Republic
- 100% interest in the Mt. Milligan Mine in Canada
- 100% interest in the Boroo Mine in Mongolia, currently on care and maintenance waiting development of the adjacent Gatsuurt property
A high margin gold mine under construction:
- 100% interest in the Öksüt gold project in Turkey
A Molybdenum business unit:
- 100% interest in Thompson Creek Metals which consists of two primary molybdenum mines which are currently on care and maintenance, the Thompson Creek Mine in Idaho and the Endako Mine in British Columbia and the Langeloth Metallurgical Facility located in Pennsylvania which operates as a toll processor and a purchaser of molybdenum concentrates producing a suite of premium molybdenum products.
Advanced stage development properties:
- 100% interest in the Kemess project in north-central British Columbia, Canada, which includes Kemess Underground, Kemess East and the past producer Kemess South
- 100% interest in the Gatsuurt property in Mongolia near the formerly producing Boroo mine
A Joint Venture Partnership:
- In 2015 Centerra entered into a 50/50 JV partnership with Premier Gold Mines Limited, to advance the Greenstone Gold property, including the Hardrock Gold Project located in the Geraldton-Beardmore Greenstone belt in Ontario, Canada.
A High-quality free cash flowing royalty protfolio:
- In 2018 following the closing of the AuRico Metals Inc. acquisition Centerra has 4 producing royalties including a 2% NSR on the Fosterville Mine in Australia, a 1.5% NSR on the Young-Davidson Mine in Canada, a 0.5% NSR on the Eagle River Mine in Canada and a 0.25% NSR on the Hemlo-williams Mine in Canada.
We also have interests in promising exploration properties and exploration Joint Ventures in:
- United States