EITI countries
Kyrgyz Republic

Centerra Gold

Centerra Gold is a Canadian-based gold mining and exploration company. It is engaged in the operation, exploration, development and acquisition of gold properties in North America, Asia and other markets worldwide. Centerra has two flagship assets: The Mount Milligan Mine and the Kumtor Mine, located in Canada and the Kyrgyz Republic, respectively. Centerra’s vision is to build a team-based culture of excellence that responsibly delivers sustainable value and growth. Centerra's objective is to build shareholder value by maximizing the potential of its current properties and leveraging its financial strength and experience to acquire new long-life, low-cost projects.
Supporter since 2011

Statement of Support

Centerra has played an active role in promoting the EITI Standard. We believe the EITI contributes to improving governance in resource-rich countries through the verification and publication of all company payments to governments as well as government-reported revenues from oil, gas and mining. The EITI Standard is implemented by signatory governments with an international multi-stakeholder structure at the core of the initiative.

Engagement with the EITI

Centerra has supported the EITI Standard in Kyrgyz Republic and Mongolia. The company's mine in the Kyrgyz Republic was among the first to sign on, report and help improve the EITI process in the country.

Strengthening transparency

In their annual report on Extractive Sector Transparency Measure Act (ESTMA), Centerra publicly discloses payments to governments. The ESTMA came into force on 1 June 2015 and introduced new reporting and transparency obligations for the Canadian extractive sector. Centerra's ESTMA reports are available here.  

Centerra's board has adopted its International Business Conduct Policy, which is Centerra's anti-corruption policy. The International Business Conduct policy sets rules, principles and procedures to comply with the requirements of various national laws that prohibit corruption and bribery. This includes the Canadian Corruption of Foreign Public Officials Act and the U.S. Foreign Corrupt Practices Act, as well as other guidelines and standards that comprise best business practices. In its Code of Ethics, Centerra sets out expectations for its directors and employees on ethical issues. 

Centerra's commitment to transparency, anti-corruption and ethics can be found in its different sustainability reports which can be seen here

Link to the statement of support on Centerra's website

Statement of support to the EITI on Centerra's Website