Canadian miner Centerra Gold is on track to hit annual output of about a million ounces by 2020, as it expands its geographic exposure through a portfolio of robust, low-cost projects.
The Toronto-based miner was poised to grow organically utilising the company’s strong balance sheet, which, combined with strong cash flows generated by its flagship Kumtor mine, in the Kyrgyz Republic, provided a fully funded business plan to expand, CEO Scott Perry highlighting during recent investor presentation.