Mount Milligan Mine was Centerra Gold’s largest segment in fiscal 2023, bringing in $407.27M of $1.09B (37%).
| Segment | FY 2020 | FY 2021 | FY 2022 | FY 2023 |
|---|---|---|---|---|
| Mount Milligan Mine | $393.99M | $505.94M | $472.47M | $407.27M |
| Langeloth Facility | — | — | — | $306.74M |
| Oksut Mine | $186.51M | $199.44M | $101.59M | $380.88M |
| Molybdenum Revenue | — | $194.77M | $276.13M | — |
| Molybdenum | $140.76M | — | — | — |
| Total | $721.26M | $900.14M | $850.19M | $1.09B |
Centerra Gold brought in $1.09B from its three segments in fiscal 2023, the year ended December 31, 2023. Centerra Gold regrouped these segments after fiscal 2022, so the total does not compare directly with that year's $850.19M. Mount Milligan Mine was the largest at $407.27M (37.2%), ahead of Oksut Mine at $380.88M (34.8%) and Langeloth Facility at $306.74M (28.0%).
Compared with fiscal 2022, Oksut Mine grew 274.9% to $380.88M, while Mount Milligan Mine fell 13.8% to $407.27M.
Centerra Gold began breaking out Langeloth Facility in fiscal 2023, when it brought in $306.74M. Centerra Gold stopped reporting Molybdenum Revenue ($276.13M in fiscal 2022) and Molybdenum ($140.76M in fiscal 2020) as separate segments.
Canada was Centerra Gold’s largest region in fiscal 2023, bringing in $407.27M of $1.09B (37%).
| Geography | FY 2020 | FY 2021 | FY 2022 | FY 2023 |
|---|---|---|---|---|
| Canada | — | $505.94M | $472.47M | $407.27M |
| Canada 1 | $393.99M | — | — | — |
| United States | — | $194.77M | $276.13M | $306.74M |
| United States 1 | $140.76M | — | — | — |
| Türkiye | — | $199.44M | $101.59M | $380.88M |
| Turkey 1 | $186.51M | — | — | — |
| Total | $721.26M | $900.14M | $850.19M | $1.09B |
Centerra Gold brought in $1.09B from its three regions in fiscal 2023, the year ended December 31, 2023. That was up 28.8% from $850.19M in fiscal 2022. Canada was the largest at $407.27M (37.2%), ahead of Türkiye at $380.88M (34.8%) and United States at $306.74M (28.0%).
Compared with fiscal 2022, Türkiye grew fastest, up 274.9% to $380.88M, while Canada fell the most, down 13.8% to $407.27M.
Centerra Gold began breaking out Canada in fiscal 2021, United States in fiscal 2021 and Türkiye in fiscal 2021. Centerra Gold stopped reporting Canada 1 ($393.99M in fiscal 2020), Turkey 1 ($186.51M in fiscal 2020) and United States 1 ($140.76M in fiscal 2020) as separate regions.
Customers Exceeding 10% Of Revenue was Centerra Gold’s largest revenue line in fiscal 2023, bringing in $539.56M of $1.08B (50%).
| Major customers [axis] | FY 2022 | FY 2023 |
|---|---|---|
| Customers Exceeding 10% Of Revenue | $422.64M | $539.56M |
| Customer 1 | $101.59M | $380.49M |
| Customer 2 | $190.71M | — |
| Customer 3 | $130.34M | $159.07M |
| Total | $845.28M | $1.08B |
Centerra Gold brought in $1.08B from its three revenue lines in fiscal 2023, the year ended December 31, 2023. Centerra Gold regrouped these revenue lines after fiscal 2022, so the total does not compare directly with that year's $845.28M. Customers Exceeding 10% Of Revenue was the largest at $539.56M (50.0%), ahead of Customer 1 at $380.49M (35.3%) and Customer 3 at $159.07M (14.7%).
Compared with fiscal 2022, Customer 1 grew fastest, up 274.5% to $380.49M. Every revenue line above 2% of revenue grew.
Centerra Gold stopped reporting Customer 2 as a separate revenue line after fiscal 2022, when it brought in $190.71M.
Centerra Gold (CGAU) reports its revenue by segment, by geography and by major customers [axis]. In fiscal 2023, Mount Milligan Mine was its largest segment, bringing in $407.27M (37.2% of the total), followed by Oksut Mine at $380.88M (34.8%).
Mount Milligan Mine was Centerra Gold's largest segment in fiscal 2023, bringing in $407.27M, or 37.2% of the $1.09B total across its three segments.
Canada was Centerra Gold's largest region in fiscal 2023, bringing in $407.27M, or 37.2% of the $1.09B total across its three regions.
Customers Exceeding 10% Of Revenue was Centerra Gold's largest revenue line in fiscal 2023, bringing in $539.56M, or 50.0% of the $1.08B total across its three revenue lines.
Among Centerra Gold's regions that make up at least 2% of revenue, Türkiye grew fastest in fiscal 2023, up 274.9% from $101.59M to $380.88M.
Every figure comes from Centerra Gold's annual financial filings, as reported. Each line keeps the name Centerra Gold gives it, and years follow its fiscal calendar.
Centerra Gold's revenue by segment goes back to fiscal 2020, with figures through fiscal 2023. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.