Centerra Gold

From Wikipedia, the free encyclopedia
Jump to: navigation, search
Centerra Gold Inc.
Type Public
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 C$ 685 million (2009)
Net income C$ 60 million (2009)
Employees 3,049 (2009)[1]

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:

It also has interests in gold exploration properties:

  • Gatsuurt property in Mongolia near Boroo (100% equity interest)
  • REN property in Nevada, USA (64% equity interest, joint venture with Barrick Gold)

In 2009, two Centerra's mines produced over 676,000 ounces (18,200 kg) of gold; company's proven and probable reserves stand at 7.3 million ounces (220,000 kg) as of December 31, 2009.


External links[edit]