Centerra Gold IncCG
Price$21.54Intrinsic value$6.5070% below price

Qualitative Analysis

Business overview

Business Overview

Centerra Gold Inc. is a Canadian-based gold mining company focused on operating, developing, exploring, and acquiring gold and copper properties in North America, Türkiye, and other markets worldwide. The company operates two flagship mines: the Mount Milligan Mine in British Columbia, Canada (a major gold-copper mine), and the Öksüt Mine in Kayseri, Türkiye. Additionally, Centerra owns the Kemess Project in British Columbia, the Goldfield Project in Nevada, and owns and operates a Molybdenum Business Unit, which includes the Thompson Creek Mine in Idaho, the Endako Mine in British Columbia, and the Langeloth Metallurgical Facility in Pennsylvania.

Research as of 19 Jun 2026

Strategic Initiatives

Growth programs, investments, and their expected impact

AI-assisted
Thompson Creek Mine RestartExpansion

Restarting operations at the Thompson Creek molybdenum mine in Idaho, integrated with a commercially optimized plan for the Langeloth metallurgical facility.

Expected impact: Establishes a fully integrated, cash-generative molybdenum business unit.

Sign in / Sign up to read more
Investment$425 million to $450 million total capital estimate
TimelineFirst production targeted for mid-2027
Mount Milligan Mine Life ExtensionEfficiency

Implementing an optimized mine plan based on the September 2025 Pre-Feasibility Study (PFS) and securing permit amendments to extend operations.

Expected impact: Delivers average annual production of 150,000 ounces of gold and 69 million pounds of copper from 2026 to 2042.

Sign in / Sign up to read more
Investment$186 million in growth capital (mostly deferred to the 2030s)
TimelineExtends life of mine to 2045; 10% throughput expansion starting in 2028
Goldfield Project DevelopmentGrowth

Advancing detailed engineering, early procurement, and site establishment works at the Goldfield project in Nevada.

Expected impact: Adds a low-risk, heap-leach gold operation in a top-tier mining jurisdiction with a 7-year mine life.

Sign in / Sign up to read more
Investment$252 million initial capital cost
TimelineFirst production targeted for late 2028
Sources: 2

Mergers, Acquisitions & Partnerships

Recent deals and strategic collaborations

AI-assisted

Strategic Partnerships

AI-assisted, source-linked narrative; figures from company filings (SEC EDGAR) and market data. Dates shown per section. Not investment advice. Terms of Use.