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Centerra Gold Secures Key Permit Amendments to Run Mount Milligan Mine Through 2035

Story Highlights
  • Centerra Gold obtained amended permits for Mount Milligan, extending operations to 2035.
  • The extended mine life and planned throughput expansion support long-term jobs and growth in British Columbia.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Centerra Gold Secures Key Permit Amendments to Run Mount Milligan Mine Through 2035

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Centerra Gold ( (TSE:CG) ) has issued an announcement.

On January 20, 2026, Centerra Gold announced that its Mount Milligan mine in central British Columbia has received an amended environmental assessment and related permits enabling operations to continue through 2035, including authorization for a 10% plant throughput expansion from 2028 and increased stockpile capacity to improve plant feed flexibility. The permits, granted under an expedited provincial process initiated in January 2025, secure Mount Milligan’s role as a cornerstone asset in Centerra’s gold growth strategy in British Columbia, underpinning long-term employment for more than 1,000 workers and expanded economic opportunities for First Nations and local communities, while the company continues technical work to obtain future authorizations needed to realize its previously outlined mine life extension to 2045.

The most recent analyst rating on (TSE:CG) stock is a Buy with a C$32.00 price target. To see the full list of analyst forecasts on Centerra Gold stock, see the TSE:CG Stock Forecast page.

Spark’s Take on TSE:CG Stock

According to Spark, TipRanks’ AI Analyst, TSE:CG is a Outperform.

Centerra Gold’s overall stock score reflects its strong financial performance, attractive valuation, and positive technical indicators. The company’s robust earnings call further supports its growth potential, despite some operational challenges. The stock is well-positioned for future gains, with a solid balance sheet and strategic initiatives in place.

To see Spark’s full report on TSE:CG stock, click here.

More about Centerra Gold

Centerra Gold Inc. is a Canadian-based gold mining company focused on operating, developing, exploring and acquiring gold and copper properties in North America, Türkiye and other markets worldwide. It currently operates the Mount Milligan Mine in British Columbia and the Öksüt Mine in Türkiye, and also holds the Kemess Project in British Columbia, the Goldfield Project in Nevada, and a Molybdenum Business Unit in the United States and Canada; its shares trade on the TSX under CG and on the NYSE under CGAU.

Average Trading Volume: 875,535

Technical Sentiment Signal: Buy

Current Market Cap: C$4.66B

For detailed information about CG stock, go to TipRanks’ Stock Analysis page.

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