CENTERRA GOLD –
Öksüt Madencilik A.Ş.

Centerra Gold Inc is a gold mining company based in Toronto, Ontario. Its Öksüt Madencilik Mine is located in central Turkey. It is an open pit/heap leach operation.

TMG Provided:

Complete project management oversight, including:

  • Feasibility Study & NI 43-101
  • Detailed Engineering
  • Construction Execution

Vital Statistics:

Location: Develi, Turkey

Commodity: Gold Dore

Project Phases: PFS/FS

Results:

  • Contracting revised from unit rates to lump sum due to high level of engineering completion
  • Contingency and risk reserve reduced from the Feasibility Study budget
  • $7.7 M in earthworks optimizations
  • $1.0 M saved by self-performing procurement scope
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