Success story of Centerra Gold Inc.

Centerra Gold is Canadian gold-mining company, which works on production of gold and copper. Its main asset is “Kumtor” gold mine, which is located in Kyrgyz Republic. Also, it owns “Mount Milligan” gold mine, which operates in British Columbia for many years.  As of 2019, Centerra Gold stocks 14.2 million ounces of gold and 2.5 billion pounds of copper. In 2017, total revenue of the company was 2.1 billion USD with net profit 209.5 million USD.

Centerra Gold is one of the most important companies for Kyrgyz Republic’s economy. It provides more than 3600 workplaces. From 1997 to 2018, in “Kumtor” gold mine were produced more than 12.1 million ounces of gold. Deposits of gold in “Kumtor” are estimated at 700 tons. From 1994 to 2018, total payments of the company on Kyrgyz Republic’s territory are around 3.77 billion USD. They include taxes, salaries, supplies, development of infrastructure etc.