Centerra Gold Inc.’s Post

Nothing is more important than performing our work safely. Congratulations to the Öksüt Madencilik Sanayi ve Ticaret A.Ş. team for successfully completing the BEKRA Emergency Live Drill! Your dedication and collaboration ensure that everyone on site is prepared to handle emergencies safely and efficiently.

In 2023, central banks added 1,037 tonnes of gold – the second highest annual purchase in history – following a record high of 1,082 tonnes in 2022. Gold continues to be viewed favorably by central banks as a reserve asset. According to the 2024 Central Bank Gold Reserves survey by the #WorldGoldCouncil, 29% of central banks respondents intend to increase their gold reserves in the next twelve months, the highest level observed since the survey began in 2018. For more information, visit https://buff.ly/3RAgj7f #GoldDemand #EconomicTrends #GoldMarket

According to the #WorldGoldCouncil, around 212,582 tonnes of gold has been mined throughout history, of which around two-thirds have been mined since 1950. Almost all of that gold is still around because the metal is virtually indestructible. If every single ounce of this gold were placed next to each other, the resulting cube of pure gold would only measure around 22 metres (73 feet) on each side. 45.4% of that gold is currently jewelry, 22.3% is in bars, coins, and gold backed ETFs, 17.3% is held in central banks, and 15.0% is in other forms. Check out the World Gold Council’s website for insights on the gold market: https://lnkd.in/dDSJ3gmr

Last week, Centerra's corporate office hosted the annual company-wide Health and Safety (H&S) Summit. The event brought together H&S Managers, General Managers from all our sites, and distinguished industry experts to discuss the latest advancements and innovative solutions aimed at enhancing safety performance in the mining industry. The summit featured insightful keynote addresses, providing valuable perspectives on critical H&S topics such as programs and controls for the prevention of significant incidents and fatalities, leading indicator implementation and monitoring, advanced data analysis systems, occupational health and industrial hygiene initiatives. Centerra Gold participants from across the organization exchanged their experiences and considered collaborative, innovative approaches to advance our journey towards Zero Harm. At Centerra, we recognize that the health and safety of our employees, contractors, communities, site visitors, and the public are essential to our success and continued operation. Ensuring that everyone returns home safely after every shift or mine visit remains our top priority. This event is one of many important initiatives we undertake to support our unwavering commitment to H&S. To learn more about H&S at Centerra, please visit https://buff.ly/4biDJVL #HealthAndSafety #MiningIndustry #SafetyFirst #WorkSafeHomeSafe

Earlier this month, Centerra Gold had the pleasure of hosting a Fort St. James Secondary School Tour at the Mount Milligan mine. We welcomed nine enthusiastic grade 10 students from a high school careers class, along with their dedicated teacher, for an insightful tour of our mine. It was an exciting day filled with career conversations across various departments, giving the students a firsthand look at the diverse opportunities in the mining industry. The tour included a visit to the open pit, a stop at the core shack, and a glimpse into what daily life at the camp looks like. We're thrilled to have been able to share our passion for mining and to inspire the next generation of industry professionals. #MiningEducation #CareerExploration #FutureLeaders #STEMEducation #MiningCareers

Today, as we celebrate National Indigenous Peoples Day, Centerra reaffirms its commitment to building meaningful partnerships with #IndigenousCommunities. We honor and celebrate the rich cultures, traditions, and contributions of Indigenous peoples. Our principles and values guide every step of our engagement, from fostering respectful relationships through inclusive dialogue to integrating Indigenous perspectives into our management plans. On this day and every day, we recognize the importance of fair access to employment, procurement, and business development, ensuring equal opportunities for all. We are proud to support Indigenous communities with training, education, and capacity-building. Through strategic social investments, we are dedicated to creating shared value and supporting long-term self-reliance. This picture captures the celebratory moment of signing a relationship agreement with the Gitxsan Wilp Nii Gyap First Nation to support cultural initiatives, education and environmental programs. Happy National Indigenous Peoples Day! #NationalIndigenousPeoplesDay #IndigenousEngagement #CommunityPartnerships

On May 11, 2024, Mount Milligan proudly continued its 11-year tradition of hosting the annual Land Blessing Ceremony (Shus Nadloh) with Nak’azdli First Nation and McLeod Lake Indian Band. This meaningful event, organized in collaboration with local Indigenous Nations, was a testament to our commitment to #CulturalUnderstanding and #CommunityEngagement. This year, we were delighted to welcome 39 participants, including families from Nak'azdli who brought their children to begin learning the rich traditions of their heritage. The ceremony, which included participation from our social performance team, provided employees with a unique opportunity to immerse themselves in local traditions. At Mount Milligan, we believe in the importance of fostering First Nation traditions and promoting a respectful, collaborative work environment. #CommunityBuilding #IndigenousTraditions #WorkplaceCulture

We were proud to sponsor the 2024 #TrueNorth Business Development Forum hosted by the Prince George Chamber of Commerce and Lheidli T'enneh Nation. The event, held on June 11th at the House of Ancestors Conference Center in Prince George, focused on navigating reconciliation, diversity, and innovation in business in northern BC. During our session, we had the privilege of sharing inspiring stories from Caroline Sam of Nak’azdli Whut’en First Nation and vincent chingee of McLeod Lake Indian Band. They discussed their journeys within our environment department, highlighting their contributions to the construction and operation of our mine. It was a meaningful opportunity to engage in important dialogues and showcase our commitment to Indigenous partnerships and sustainable mining practices. #TrueNorth2024 #MiningIndustry #EnvironmentalStewardship #CommunityEngagement

Congratulations, Mount Milligan Mine Rescue Team! 👏👏👏   On June 6th, the Mount Milligan Mine Rescue Team showcased their exceptional skills at the British Columbia Mine Rescue Northern Zone Competition. Here are the results: 🏅 Best Captain - Three Man First Aid (North): Phil Law 🥈 Second Place - Three Man First Aid (North) 🥇 First Place - Bench Task 🥇 First Place - Fire and Smoke 🥇 First Place - Overall First Aid Marks 🏅 Best Captain for the North 🥇First Place Overall for the Northern Zones   And on June 8th, they competed in the BC Provincial Mine Rescue Competition. We're immensely proud of the skills and dedication our team displayed.   We are truly fortunate to have such talented individuals ready to respond in case of an emergency. A huge round of applause to our incredible team for their outstanding performance! 🎉 #EmergencyPreparedness #CommunitySafety #SkilledResponders