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Mine Operations
Mount Milligan Mine
BC, CANADAMount Milligan is located approximately 155 kilometres northwest of Prince George in central British Columbia, Canada. The Mount Milligan Mine is a conventional truck-shovel open-pit copper and gold mine and concentrator with a 60,000 tpd capacity copper flotation processing plant.
In February 2024, Centerra announced an additional agreement with Royal Gold, which enables a life of mine extension at Mount Milligan and established favourable parameters for potential future life of mine extensions.
This was a key first step in our strategy to realize the full potential of this cornerstone asset in a top-tier mining jurisdiction.
Centerra is working on a Prefeasibility Study at Mount Milligan to evaluate the substantial mineral resources to unlock additional value beyond its current mine life.
2024 Operational Performance
GOLD PRODUCTION
168K oz
COPPER PRODUCTION
54M lbs
GOLD PRODUCTION COSTS
$1,105/oz
AISC on a by-product basis(1)
$1,078/oz
2025 Guidance
GOLD PRODUCTION
165-185K oz
COPPER PRODUCTION
50-60M lbs
GOLD PRODUCTION COSTS
$1,075-$1,175/oz
AISC ON A BY-PRODUCT BASIS(1)
$1,100-$1,200/oz
(1) Non-GAAP financial measures. See the “Non-GAAP and Other Financial Measures” section of the Company’s most recent MD&A.
2.8 MILLION OUNCES OF CONTAINED GOLD
total proven and probable reserves
961 MILLION POUNDS OF CONTAINED COPPER
total proven and probable reserves
ACHIEVED COMMERCIAL PRODUCTION
Feb 18, 2014
MINE TYPE
Conventional truck-shovel / open-pit
Community Engagement
As a responsible mining company, our operations boost the economies, living standards, business and employment opportunities in the communities that welcome us into their midst. We strive to ensure our operations are respected as a vital part of local communities, not seen as apart from them. Our goal is to be a valued partner in our communities, by having a lasting, positive impact on them – economically, socially and culturally
