- Business
- Centerra Gold Inc. is a Canadian-based gold mining company engaged in the exploration, development, operation, and acquisition of gold and copper properties; it produces gold and copper concentrates from its primary operations, including the Mount Milligan open-pit copper-gold mine in British Columbia, Canada, and the Öksüt open-pit heap leach gold mine in Kayseri Province, Türkiye. The company also manages the Molybdenum Business Unit through its Thompson Creek Metals subsidiary, encompassing the Langeloth metallurgical facility in Pennsylvania, United States, which processes third-party molybdenum concentrates, alongside the inactive Endako and Thompson Creek molybdenum mines in British Columbia, Canada, and Idaho, United States, respectively; additional assets include the development-stage Kemess project in British Columbia and the Goldfield project in Nevada. Founded in 2002 and headquartered in Toronto, Ontario, Centerra Gold operates across North America and Türkiye, with shares listed on the Toronto Stock Exchange under CG and the New York Stock Exchange under CGAU. Recent developments include the September 2025 pre-feasibility study for Mount Milligan outlining a mine life extension to 2045 through increased processing capacity and a new tailings facility, boosting gold reserves by 56% and copper reserves by 52%; a strategic 9.9% investment in Liberty Gold Corp. completed in September 2025 to support the Black Pine oxide gold project in Idaho; and a US$25 million earn-in agreement signed with Headwater Gold Inc. on December 3, 2025, for the Crane Creek gold project in Idaho, alongside approval of up to $75 million in share repurchases for 2025 and updated mineral resources at Kemess.