Centerra Global

Country:

Regional

Project number:

47987

Business sector:

Natural resources

Notice type:

Private

ESIA disclosed:

19 May 2016

Status:

Disbursing

Target board date:

27 Jan 2016

Project 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.

ESIA disclosure package

Detailed Environmental Impact Assessments (DEIA)

Environmental and social framework management plans

Full ESIA availability

Full ESIA documentation is available locally at:

  • Centerra Gold Mongolia offices: Bodi Tower, 11th floor, Chinggis Square, P.O.223, Ulaanbaatar-15160, Mongolia
  • Zuunkharaa Boroo Gold Company Community Information Centre
  • Baruunkharaa Boroo Gold Company Community Information Centre
  • Tunkhel bagh Boroo Gold Company Community Information Centre
  • Selenge aimag Government Office
  • Mandal soum Government office
  • Bayangol soum Government office
  • Tunkhel Bagh centre Government office
  • Kherkh Bagh Government office

And

EBRD Resident Office in Ulaanbaatar: 3rd Floor, MCS Plaza, Seoul Street – 4, Ulaanbaatar 14251, Mongolia

And

www.boroogold.mn

Enquiries

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:

  • Zuunkharaa Boroo Gold Company Community Information Centre;
  • Baruunkharaa Boroo Gold Company Community Information Centre;
  • Tunkhel bagh Boroo Gold Company Community Information Centre;

In person verbally to the Community Relations Officer, which will be recorded on a feedback form.

General enquiries

 

This document was prepared at an early stage of project development, before consideration by the EBRD Board of Directors. Details of a project may change following disclosure.

Environmental and Social Impact Assessments and ESIA summaries are produced by project sponsors, and the EBRD makes them available without any comment or implied endorsement. Any views expressed or statements made in the Environmental and Social Impact Assessment or the ESIA Summary do not necessarily reflect the views or opinions of the EBRD.

Last updated 25 June 2014