Mine Operations

Oskut Gold Mine Logo

Öksüt

KAYSERI PROVINCE, TÜRKIYE

The Öksüt Mine is located in the Kayseri province of south-central Türkiye, 295 km to the southeast of the capital city of Ankara and 48 km directly south of the city of Kayseri. 

In 2021, during its first full year of operations, the Öksüt Mine favorably outperformed both its gold production and cost guidance ranges and in under two years of operation, paid back the full cost of Centerra’s investment by the positive cash flow it is capable of generating.

In 2024 the Öksüt Mine continues a consistent operating performance and remains a strategic asset in Centerra’s portfolio.

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2023 Operational Performance

GOLD PRODUCTION

196K oz

GOLD PRODUCTION COSTS

$457/oz

AISC ON A BY-PRODUCT BASIS(1)

$675/oz

2024 Guidance

GOLD PRODUCTION

190-210K oz

GOLD PRODUCTION COSTS

$650-$750/oz

AISC ON A BY-PRODUCT BASIS(1)

$900-$1,000/oz

(1) Non-GAAP financial measures. See the “Non-GAAP and Other Financial Measures” section of the Company’s most recent MD&A.

0.8 MILLION OUNCES OF CONTAINED GOLD

FIRST GOLD POUR 01/30/2020

ACHEIVED COMMERCIAL PRODUCTION

May 31, 2020

MINE TYPE

Open-pit heap leach mining operation

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.

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Oksut Map@2x