Centerra Gold Business Summary

Centerra Gold Inc. (CGAU) is a mid-tier gold and copper producer that generates revenue through the extraction, processing, and sale of precious and base metals across three primary segments: the Mount Milligan Mine in British Columbia, the Öksüt Mine in Türkiye, and a dedicated Molybdenum Business Unit. The company’s revenue model is anchored in the production of gold doré and copper-gold concentrates for global smelters, supplemented by molybdenum products from its North American assets. Centerra positions itself as a low-to-intermediate cost producer with a strategic focus on operating in stable mining jurisdictions. It competes directly with major gold miners such as Agnico Eagle Mines, Kinross Gold, Alamos Gold, and SSR Mining, maintaining a distinct market position through its significant copper byproduct credits and a robust, self-funded growth pipeline. The executive leadership is headed by President and CEO Paul Tomory, who joined in 2023 following a 14-year tenure at Kinross Gold, where he served as Chief Technical Officer. The management team includes EVP and CFO Ryan Snyder, EVP and COO David Hendriks, and Claudia D’Orazio, EVP of People, Technology and Supply Chain. The Board of Directors is led by Chair Paul Wright, an industry veteran and former CEO of Eldorado Gold who assumed the chairmanship in January 2026, succeeding Michael Parrett. Originally established in 2004 as a spinoff from Cameco Corporation, Centerra’s board features notable independent directors including Karen David-Green and Wendy Kei, who provide specialized expertise in capital markets and corporate governance.