Centerra Gold Inc
CGAUCenterra Gold Inc., a gold mining company, engages in the acquisition, exploration, development, and operation of gold and copper properties in North America, Turkey, and internationally. The company explores for gold, copper, and molybdenum deposits. Its flagship projects include the 100% owned Mount Milligan gold-copper mine located in British Columbia, Canada; and the Öksüt Gold Mine located in Turkey. The company was incorporated in 2002 and is headquartered in Toronto, Canada.
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Key Information
Legal Entity
Centerra Gold Inc
Sector
Precious Metal
Founded
June 24, 2008
Employees
1,150
Reporting Currency
USD
Contact Phone
416-204-1953
Website
www.centerragold.comHeadquarters Address
1 University Avenue , Toronto , ON M5J 2P1 , CA
Identifiers
Commodity Portfolio
Organization
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Videos
Trident Resources is Building Canada’s Next Major Gold
Key Highlights
brief- The CEO says Cameco spun its gold assets out into Centerra when it refocused on uranium, after which the Contact Lake mine was decommissioned and reclaimed back to the Saskatchewan provincial government.
Saskatchewan's policy turnaround — now ranked third globally for exploration — left the La Ronge gold belt underexplored, and Trident has consolidated 100,000 hectares there. Contact Lake pairs a 1.7-million-ounce deposit package with a past-producing Cameco high-grade underground mine that stopped at just 340 metres depth. First new drilling in over 30 years returned 8 grams per tonne over 12 metres some 220 metres below the historic workings. At roughly 41 million shares and about $160 million market cap, the CEO argues $55-per-ounce pricing leaves a wide gap to $100-plus peers. No mineral resource estimate exists yet at Contact Lake; management targets defining one as drilling continues into 2027.
Charlie Greig of Metal Energy Corp. talks to Robert Sinn | Metals Investor Forum Sept. 2026
Key Highlights
brief- The guest describes Centerra as a major shareholder in Metal Energy, with geos visiting the NIV project earlier in summer 2026
- Centerra operates the Kemess mine right next door to the NIV project, positioning it as a near-neighbour to existing infrastructure
Metal Energy expanded to two rigs and drilled over 6,000 meters at its NIV copper-gold-molybdenum project in BC, finishing a shortened season. Hole 11 cut visible copper in intrusive rock; the team is vectoring north toward higher-temperature alteration and stronger molybdenum-in-soil signatures. Gold assays are the next catalyst; the CEO says they're batching results rather than paying rush fees on what he calls a bulk-tonnage target. After NIV shuts down this month, drilling shifts to Highland Valley's copper-molybdenum project, where a low-cost skid rig will replace helicopter support. Major shareholders Teck and Sentara (adjacent operators at Toodoggone and Highland Valley) toured the property this summer and plan to re-engage with Metal Energy.
Dryden Gold Expands Known High-Grade Zones with Deeper Drilling
Dryden Gold's Spyglass target hit 9.4 grams per ton gold at 330 meters depth, nearly doubling the high-grade zone. President Maura Kolb says deep high-grade holes matter because underground mining only pays when grades rise with depth. She sees no geological limit to how deep the system runs, with one to two kilometers possible. Drilling has started at Mud Lake, a second target the company hopes becomes another Gold Rock on a string of pearls. Strategic investments from major producers Centerra Gold and Alamos Gold give the junior explorer funding and third-party validation.
Headwater Gold - Expanding the Newmont Partnership: New Earn-In At Jupiter & Spring Peak Phase 2 JV
Newmont's third Headwater earn-in at Jupiter shows majors moving fast: a signed deal three months after acquisition on a 5km x 8km Walker Lane target. Spring Peak's Phase 2 JV unlocks $40M over three years for Newmont to reach 65%, contingent on the Burnt Rock permit landing near year-end 2026. Partner-funded drill programs advance at Crane Creek (Centerra, 3,000m, Idaho) and Jade Creek (OceanaGold, 3,500m, Nevada), with assays expected through fall 2026. Headwater's C$6M-C$7M cash position lets it keep generating new epithermal targets while funding its share of three active partner-led JV programs.
Headwater Gold Locks In Third Earn-In Deal with Newmont
Key Highlights
detailed- Centerra Gold (spoken as "Sentara" in the transcript) signed its earn-in deal with Headwater in December 2025 on the Crane Creek project in Idaho, where a roughly 3,000-meter drill program was underway as of August 2026 — the first drilling there since the 1990s.
- He says shallow historic holes at Crane Creek returned over 60 meters at well over 1 g/t gold in cases, but averaged less than 100 meters deep, leaving the system largely untested at depth.
- He argues the property hosts a much larger epithermal gold system than previously recognized, which the Centerra-funded campaign is defining using geophysics, geochemistry and geology.
- He lists Crane Creek drill results among the main news items shareholders should watch for in the remainder of 2026.
Headwater Gold announced a third Newmont earn-in (a deal where a partner funds exploration to earn ownership) on a new Walker Lane project. Staged terms: $10 million for 51%, $20 million more for 65%, then a pre-feasibility study for 75% plus a 2% NSR royalty (production revenue share). Centerra-funded drilling at Crane Creek — the first since the 1990s — chases a much larger epithermal (hot-spring origin) gold system below shallow historic holes. Twin rigs at OceanaGold-funded Jake Creek chase shallow epithermal gold that historic deep Carlin-type drilling found but never followed up. Acting as operator on partner-funded projects earns a 10% management fee covering most corporate overhead so spending flows to exploration and drilling.
Dryden Gold Is Being Built to be Bought
Key Highlights
brief- Kolb says Centerra Gold, alongside Alamos Gold, contributed to Dryden Gold's most recent raise. No terms, size or stake are disclosed, and no acquisition of Dryden is implied.
Two new gold-bearing structures expand a system the guest once thought capped at three, with one high-grade zone matching an earlier find. A second rig chases down-plunge targets, extending the zone deeper, without slowing the pace of shallower drilling. Gold continuity now holds across more than a kilometer of strike even though grade varies, answering earlier doubts about the geology. An open pit would be cheaper and expose the deposit's structure, giving underground planners better data on where high grade sits. Funding raised before the market slump keeps work going, and the guest says several majors are watching a plan to grow toward acquisition.
Dryden Gold Identifies a Near-Surface High-Grade Gold System at Gold Rock
Key Highlights
brief- Centerra Gold is named by Kolb as one of two strategic investors in Dryden Gold's recent financing; she says meetings with Centerra put her team on the hot seat, with the producer's experts assessing whether Gold Rock could actually become a mine.
Dryden Gold's repeating high-grade patterns let geologists predict where gold sits, turning scattered drill hits into a scalable system at Gold Rock. A new 3D geological model — which shows how parallel veins interact in space — underpins the confidence to add a second drill rig. One rig widens the deposit along strike (laterally along the vein), while the other tests whether grades persist kilometers below surface. An upsized financing closed with Centerra Gold and Alamos Gold, giving the junior strategic backing and technical scrutiny from two established producers. Dryden district infrastructure — roads, rail, power, and an experienced local workforce — keeps exploration costs low and allows year-round drilling.
American Tungsten ($TUNG | $TUNGF): Restarting U.S. Tungsten Production
Key Highlights
brief- The CEO notes he joined Steppe Gold to acquire the ATO asset in Mongolia from Centerra, a deal that listed on the main board in 2018 and reached production in 2020.
Tungsten prices are up 570% in a year as China, producer of half of global supply, restricts exports while defense and technology demand builds. CEO Ali Haji presents the IMA Mine in Idaho as a brownfield — a past-producing asset — on private patented land, easing permitting. Reprocessing legacy tailings first — a $4 million plant targeting $45-50 million in cash flow over 2.5 years — funds the restart while limiting dilution. The company reports $49 million in treasury, a $25.5 million EXIM letter of intent, and targets commercial IMA production in 2027. Stated catalysts: a resource estimate due June-July, a PEA (preliminary economic assessment) in Q3, and a first concentrate sale in December.
Zach Flood, CEO of Kenorland Minerals | Rule Symposium 2026: Rick Rule interviews
Key Highlights
brief- Flood says Centerra Gold is earning a 70% interest in the West Wabigoon project while funding a 4,000-metre diamond drill program on a new target developed over two years.
- He says Kenorland retains a 30% carried interest through the preliminary economic assessment stage and a 2% net smelter return royalty.
Kenorland uses partner-funded exploration to test more targets while retaining minority interests and royalties, reducing shareholder dilution from high-risk grassroots work. Its project-generation model produced the Renault discovery in northern Quebec, where Sumitomo spent about $20 million before taking ownership. Three partner-funded Ontario and James Bay drill programs provide near-term discovery exposure, though key assays and follow-up results remain pending. Management argues repeated target generation matters because most grassroots exploration fails, making portfolio scale central to controlling risk. Kenorland's retained Renault royalty remains the main value driver, with deeper step-out drilling intended to test whether the gold system expands.
Upside Gold ($UG | $UGODF) Advances Resource Expansion Plans for the Kena Gold-Copper Project
Key Highlights
brief- The CEO cites Centerra's producing Mount Milligan mine as a comparable to frame Kena's potential, saying it holds reserves of about 250 million tons versus roughly 200 million tons at Kena.
- Per the CEO, Mount Milligan's copper grade is slightly higher than Kena's though roughly on par, while its gold grade is actually lower, which she uses to suggest similar producing-mine potential for Kena.
Upside Gold's Kena project holds a historical 3.31-million-ounce gold resource, and CEO Sophy Cesar targets growing it roughly 40% to 4 million ounces. That historical estimate covers just 4 of 20 kilometres, and the team sees an 11-kilometre mineralized trend as the main expansion target. Updating the historical 43-101 (the Canadian standard that makes a resource official) is planned for Q1 2027, now adding copper and silver values. Infrastructure cuts costs: the project sits 7 kilometres from Nelson, BC, on Highway 6 with hydro, rail, and a local mining workforce. Roughly 55 million shares and a $75 million market cap keep the structure tight, with $800,000 raised in January and 4,000 metres of drilling starting.
Erik Wetterling – Value Proposition In BCM Resources, Dryden Gold, and Sonoro Gold
BCM Resources completed a record-depth drill hole at Thompson Knolls, encountering extensive skarn mineralization with copper, gold, silver, and molybdenum potential. Dryden Gold upsized its financing to $9.7M with major backing from Centerra Gold and Alamos Gold, who are maintaining their strategic equity positions. Sonoro Gold closed an oversubscribed $12.2M private placement to fund a 50,000-meter drilling program at its Cerro Caliche gold project in Mexico.
Dryden Gold Upsizes Equity Financing with Centerra and Alamos Gold Participation
Key Highlights
brief- Centerra is one of the two majors participating in Dryden's upsized equity financing, adding new money alongside Alamos.
- The guest adds that Centerra has long favoured this style of large-scale exploration and has backed other companies that work the same way.
Two major gold producers putting fresh cash into Dryden Gold signals they reviewed the data and see district-scale potential. Alamos Gold's first financing cheque marks a shift from holding an option stake to actively funding exploration. Roughly 65 to 70% of summer spending targets Gold Rock depth and strike extension, funded by a second drill rig. Hyndman's six-for-six maiden holes and a 12 kilometre till anomaly corridor push targeting back to the drawing board. Infrastructure, not geology, is Dryden Gold's advantage: highway, rail and power sit alongside the ground. The real constraint is execution, as a crowded Ontario season means competing for crews and contractors.
Sean Brodrick – Chaos Is A Ladder - As Gold, Silver, Copper, Uranium, & Rare Earths Climb Higher
Key Highlights
brief- Sean points to Centerra Gold as a smaller stock starting to outperform the majors and gold itself, saying it was up 11.5% as they spoke on January 20, 2026.
Sean Brodrick raises his long-term gold target to $10,000, up from $6,900, citing a faster 1970s-style setup fueled by de-dollarization, tariffs, and central bank buying. He holds a $200 silver target and expects smaller gold and silver miners to leverage higher as upcoming Q4 earnings reveal record revenues. Brodrick is constructive on copper demand from global growth, highlighting Freeport (FCX) and Taseko Mines (TGB) as recent winners for his subscribers. He remains bullish on uranium and rare earths, citing Energy Fuels (UUUU) for its dual exposure and Western critical mineral supply chain support. He frames the current commodity move as a supercycle, advising investors to treat any pullback as a buying opportunity amid ongoing geopolitical chaos.
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