Centerra Gold has a 100% equity interest in Boroo, the first significant foreign investment for industrial development in Mongolia since 1979.
Located 110 kilometers west-northwest ofUlaanbaatar, the country’s capital, Boroo began commercial production on March 1, 2004 and produced more than 245,000 ounces of gold (including gold produced during commissioning) by year-end.
The Boroo gold deposit is generally flat lying or sub-horizontal and extends over an area measuring 2.5 by 1.5 kilometres. Throughout the area, a series of mineralized zones occur up to 400 metres wide and typically average from 10 to 30 metres in thickness.
While Boroo is located in a relatively remote area of the world, it is well positioned with respect to existing infrastructure. The paved all-weatherUlaanbaatar–Irkutskhighway passes within three kilometers of the mine site. The main Trans-Mongolian railway, which links Ulaanbaatar with Irkutsk, Russia and Beijing, China, runs through Baruunkharaa, about 20 kilometers to the north of the mine site.