Centerra Gold
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| Centerra Gold Inc. | |
|---|---|
| Type | Public (TSX: CG) |
| Founded | 2004 |
| Headquarters | Toronto,  Canada |
| Key people | Patrick M. James, Chairman Leonard A. Homeniuk, President & CEO George R. Burns, COO David M. Petroff,, CFO |
| Industry | Mining |
| Products | Gold |
| Revenue | C$ 365 million (2006) |
| Net income | C$ 61 million (2006) |
| Website | www.centerra.ca |
Centerra Gold Inc. (TSX: CG) is the gold mining company headquartered in Toronto, Canada.
The company was formed and went public in 2004 when Saskatoon, SK-based Cameco Corp. span off its gold mining assets previously held by its 100%-owned subsidiary, Cameco Gold; Cameco still owns 53% of Centerra's shares.
Centerra owns and operates two gold producing mines:
- Kumtor Gold Mine in Kyrgyzstan (100% equity interest)
- Boroo Gold Mine in Mongolia (95% equity interest)
It also has interests in two gold exploration properties:
- Gatsuurt property in Mongolia near Boroo (100% equity interest)
- REN property in Nevada, USA (69% equity interest, joint venture with Barrick Gold)
In 2006, two Centerra's mines produced over 586,000 ounces (18,200 kg) of gold; company's proven and probable reserves stand at 7.0 million ounces (220,000 kg) as of December 31, 2006.
