Centerra Gold (NYSE:CGAU) Inc is a Canada-based precious metals mining company focused on the exploration, development, and production of gold and copper deposits. The company’s principal business encompasses the operation of large-scale open-pit and underground mines, as well as ongoing exploration and feasibility studies aimed at identifying and advancing new resource prospects. Centerra Gold’s portfolio is anchored by its flagship Kumtor mine in the Kyrgyz Republic and the Mount Milligan mine in British Columbia, Canada, with a growing presence in Turkey through its Öksüt project.
At Kumtor, Centerra Gold operates one of the highest-grade gold mines in the world, using open-pit mining techniques to extract ore from a high-altitude site in the Tien Shan mountains. The Mount Milligan mine, which commenced production in 2013, employs a combination of open-pit and conventional crushing, grinding, and flotation processes to produce copper and gold concentrates. Öksüt, which achieved commercial production in 2020, represents the company’s first wholly owned operation in Turkey and leverages modern earth-moving equipment and a process plant to deliver gold doré bars.
Since its inception in 2005 as a spin-out from a major Canadian uranium producer, Centerra Gold has pursued a disciplined growth strategy rooted in exploration success and operational excellence. Over the years, the company has expanded its technical expertise, environmental stewardship, and community engagement programs. Centerra Gold’s exploration pipeline includes projects in North America, Central Asia, and Turkey, where it continues to test new targets and optimize existing resources. The company also invests in sustainable practices, focusing on water management, energy efficiency, and stakeholder relations.
Under the leadership of its executive management team and board of directors, Centerra Gold emphasizes a balanced approach to risk management and capital allocation. The organization’s governance framework supports transparent reporting and compliance with international regulatory standards. With a commitment to safe, responsible mining and a track record of steady production growth, Centerra Gold positions itself as a resilient player in the global precious metals sector, aiming to deliver long-term value for shareholders and host communities alike.
