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Centerra Global

Sector: Road • Location: Countries of Operations

Source: European Bank for Reconstruction and Development (EBRD)

Project
Complete

The EBRD currently has a five-year revolving corporate debt facility to Centerra Gold Inc of up to US$ 150 million (€ 115 million) to finance the Company’s capital expenditures and working capital as well as acquisitions in the Bank’s countries of operation. The facility was approved by the EBRD’s Board of Directors on 27 January 2016. The EBRD and Centerra now plan to formally include the Gatsuur

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The project “Centerra Global” is an infrastructure initiative in the Road sector, located in Countries of Operations. Taiyo aggregates data on it from European Bank for Reconstruction and Development (EBRD).

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Participants

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complete

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Description

Description

The EBRD currently has a five-year revolving corporate debt facility to Centerra Gold Inc of up to US$ 150 million (€ 115 million) to finance the Company’s capital expenditures and working capital as well as acquisitions in the Bank’s countries of operation. The facility was approved by the EBRD’s Board of Directors on 27 January 2016. The EBRD and Centerra now plan to formally include the Gatsuurt Gold Mine Project in Mongolia under the facility. As per the facility conditions, any category A projects to be included within the facility requires consideration and approval by the EBRD’s Board of Directors. In line with the Bank’s Environmental and Social Policy (2014), the Gatsuurt project has been categorised A and has been subject to a full Environmental and Social Impact Assessment (ESIA) which is disclosed below. There is a Project Summary Document available for this project. February 2018 update: Since disclosure of the Gatsuurt ESIA in 2016 the Gatsuurt Project design has progressed and the ESIA documents are now being reviewed and updated. Updated ESIA documents will be disclosed when available. Detailed Environmental Impact Assessments (DEIA) Environmental and social framework management plans Full ESIA documentation is available locally at: And EBRD Resident Office in Ulaanbaatar: 3rd Floor, MCS Plaza, Seoul Street – 4, Ulaanbaatar 14251, Mongolia And www.boroogold.mn Environmental or social enquiries In person, in writing or over the phone at Centerra Gold Mongolia offices in Ulaanbataar: In person, or in writing, via Centerra Gold Mongolia  (Boroo Gold) community information centres, which will be recorded on a feedback form: In person verbally to the Community Relations Officer, which will be recorded on a feedback form. General enquiries

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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