Centerra Gold
 | |
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Public (TSX: CG) | |
| Industry | Mining |
| Founded | 2004 |
| Headquarters | Toronto, Canada |
Key people |
Stephen "Big Steve" Lang, Chairman Ian Atkinson, President & CEO Gordon Reid, COO Jeff Parr, CFO |
| Products | Gold |
| Revenue | US$ 763 million (2014) |
Number of employees | 2,960 (2014)[1] |
| Website | |
Centerra Gold Inc. is a gold mining company headquartered in Toronto, Ontario, Canada.
The company was formed and went public in 2004 when Saskatoon, Saskatchewan-based Cameco Corporation spun off its gold mining assets previously held by its 100%-owned subsidiary, Cameco Gold. On December 30, 2009 Cameco completed the disposition of its remaining interest in Centerra Gold.[2]
Centerra owns and operates two gold producing mines:
- Kumtor Gold Mine in Kyrgyzstan (100% equity interest)
- Boroo Gold Mine in Mongolia (100% equity interest)
It also has interests in gold exploration, advanced exploration and development properties:
- Gatsuurt property in Mongolia near Boroo (100% equity interest)
- Oksut property in Turkey (100% equity interest)
- Trans-Canada property in Canada (50% equity interest)
Exploration interests in:
Canada, Mongolia, Portugal and Turkey
In 2014, Centerra's two mines produced over 620,000 ounces (19,310 kg) of gold; company's proven and probable reserves stand at 7.7 million ounces (240,000 kg) as of December 31, 2014.
References
- ↑ "Company Profile for Centerra Gold Inc (CA;CG)". Retrieved 2008-10-07.
- ↑ "Cameco Announces Completion of Centerra Common Share Sale". Retrieved 2010-01-21.