Quick Facts

  • Centerra is a leading Canadian-based gold and copper producer, having produced 824,059 ounces of gold and 82.8 million pounds of copper in 2020.
  • Major assets include the Kumtor Mine in the Kyrgyz Republic, which has produced more than 13.2 million ounces of gold between 1997 and the end of 2020, the long life, low-cost gold/copper Mount Milligan Mine in British Columbia, Canada; and its third operating mine, the Öksüt Gold Mine in Central Anatolia, Turkey, which after just twenty-two months of construction, on January 31, 2020, the first gold pour occurred.
  • Development projects include, the Kemess development project in British Columbia, Canada, the Endako and Thompson Creek primary molybdenum mines in British Columbia, Canada and Idaho, USA, respectively, are currently on care and maintenance and the Langeloth Metallurgical Facility in Pennsylvania, USA.
  • We are one of the largest Western-based gold producers in Central Asia with Company-wide estimated proven and probable reserves of 11.2 million ounces of contained gold and 1,467 million pounds of contained copper as at December 31, 2020.
  • Kumtor is the largest foreign-owned gold mine in the former Soviet Union.
  • Mount Milligan became the first new large mining operation in British Columbia in a generation.
  • In January 2013, Centerra became the sole 100% owner of the Öksüt Gold project in Turkey.
  • In March 2015, Centerra became a 50/50 Joint Venture partner in the Greenstone Gold Property located in the Geraldton-Beardmore Greenstone belt in Ontario, Canada.
  • In October 2016 Centerra acquired Thompson Creek Metals Company Inc., total transaction value of approximately US$1.1 billion.
  • In January 2018 Centerra acquired AuRico Metals Inc., total transaction value of approximately US$247 million (C$310 million).
  • In June 2018 Centerra sold its gold royalty portfolio for US$155 million and a silver stream on the Kemess Project for US$45 million to Triple Flag Mining Finance Ltd.
  • In October 2018, Centerra sold its Mongolian Assets for US$35 million to OZD ASIA PTE Ltd., a private Singapore based company.
  • In December 2020, Centerra sold its 50% interest in the Greenstone Gold Mines Partnership for US$210 million (including adjustments) and is entitled to receive further contingent payments of up to approximately US$75 million (assuming a US$1,500 gold price) upon GGM’s Hardrock Project meeting certain construction and / or production milestones to an affiliate of Orion Mine Finance Group. The sale closed in January 2021.
  • Centerra has exploration properties or has formed promising exploration joint ventures in Canada, Finland, Turkey and the United States.
  • Centerra has allocated approximately $50 million for exploration activities in 2021.
  • Read our quarterlies for information on Centerra's performance.