Type Public
(TSX: CG) Products Gold Headquarters Toronto, Canada Revenue 763 million USD (2014) | Industry Mining Website [1] Number of employees 2,960 Founded 2004 | |
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Key people Stephen "Big Steve" Lang, Chairman
Ian Atkinson, President & CEO
Gordon Reid, COO
Jeff Parr, CFO Stock price CG (TSE) CA$ 6.20 -0.13 (-2.05%)7 Mar, 12:10 PM GMT-5 - Disclaimer Subsidiaries Thompson Creek Metals Company Inc | ||
Centerra gold profitable mine 500 million ready for development of next 3 mines
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.
Centerra owns and operates two gold producing mines:
It also has interests in gold exploration, advanced exploration and development properties:
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.
In December 2016 Centerra Gold reported that its Kumtor Gold Mine in the Kyrgyz Republic had received the necessary permits and approvals for its 2017 mine plan.