Other
Centerra Gold Publishes 2025 Sustainability Report
Centerra Gold Sustainability Report Highlights ESG Gains Amidst Production Growth; Shares Consolidate Near $26

Executive Summary
- Event: Publication of 2025 Sustainability Report (May 13, 2026).
- ESG Performance: Reported a 15% year-over-year increase in total global scope 1 and 2 GHG emissions (198,110 tonnes CO2e), primarily attributed to the Thompson Creek restart phase.
- Efficiency Metrics: Emissions intensity at Mount Milligan and Öksüt mines improved significantly to 0.37 tCO2e per gold equivalent ounce, well below the sector average of 0.80 tCO2e.
- Social & Governance: Local procurement spending increased 43% to $191 million; community investments reached $3.1 million; board female representation stands at 38%.
- Operational Context: The report aligns with the Q1 2026 earnings release (April 29, 2026) which confirmed Langeloth Metallurgical Facility operations provisionally resumed in April following a January suspension.
Material Impact
- Market Expectation: Sustainability reports are annual routine disclosures; investors anticipate this data prior to release. The content does not introduce new financial guidance or production surprises.
- Risk Mitigation: The report reinforces the company's social license to operate, particularly regarding Indigenous engagement (25 collaborations) and local procurement ($191 million). This reduces regulatory and community opposition risks for future projects like Goldfield and Kemess.
- Emissions Narrative: While absolute emissions rose 15%, management frames this positively by highlighting intensity improvements against industry peers. The increase is explicitly linked to the Thompson Creek restart, a known capital project already priced into the stock via Q1 earnings guidance.
- Stock Price Impact: Minimal immediate material impact expected as the news confirms existing operational status rather than altering valuation drivers (cash flow or reserves).
CG · Price
Company Overview
- Company: Centerra Gold Inc. is a diversified gold and copper producer with operations in Canada (BC), Turkey, and the US (Idaho/Nevada).
- Flagship Project: Mount Milligan Mine (British Columbia) is the core asset, producing ~150k oz Au/year and 69M lbs Cu/year. It has a life-of-mine extension to 2045 confirmed by PFS.
- Other Key Assets:
- Öksüt Mine (Turkey): High-grade gold producer with significant copper by-product credits.
- Thompson Creek (Idaho): Restart project targeting mid-2027 production; currently in infrastructure refurbishment phase.
- Goldfield Project (Nevada): Development stage, targeting end-2028 production with strong NPV ($245M).
- Kemess (BC): Advanced development following PEA (NPV $1.1B), awaiting PFS in 2027.
More from Centerra Gold Inc.
Jun 29, 2026 · 12:41