We believe that how we conduct business and how all employees act in fulfilling their job responsibilities are fundamental to achieving our vision to build a team-based culture of excellence that responsibly delivers sustainable value and growth. While Centerra’s ultimate objective is to deliver value to our shareholders, integrity and ethics will be the foundation for everything we do. In endeavouring to achieve our vision we will follow our core values of:
We believe our strong commitment to our vision and these values will continue to make Centerra the employer of choice and the business partner of choice by governments, state-owned enterprises and special interest groups in the countries we operate in. As an international company, we respect the different needs and values of people and their cultures and operate with a high level of transparency to ensure stakeholder confidence.
Centerra’s vision is to build a team-based culture of excellence that responsibly delivers sustainable value and growth.
Centerra’s objective is to meaningfully grow its low-cost operating portfolio, while building a great place to work, with care and consideration for the environment and the communities in which the Company operates. Centerra aims to achieve this overall strategy through the following four strategic imperatives:
Centerra Gold became a publicly listed company in June 2004, after its Initial Public Offering listing on the Toronto Stock Exchange under the symbol “CG”. In 1992 Cameco Corporation, formerly Centerra Gold’s largest shareholder, was exploring for uranium and gold prospects in the Kyrgyz Republic, accepted an opportunity to follow up on a 1978 gold discovery at Kumtor that took place when the Kyrgyz Republic was part of the former Soviet Union. A final agreement for project development was concluded with the Kyrgyz Republic in 1994 under which Cameco acquired a one-third interest in the Kumtor Gold Company. Project construction began in late 1994 and commercial production was achieved in the second quarter of 1997. Since inception, the mine has produced between 300,000 and 750,000 ounces of gold annually.
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