Centerra Gold has reported that its Boroo mine in Mongolia is nearing the end of its mine life and is expected to cease mining by the end of this year. A May 26, 2009, strike at Boroo, followed by the temporary suspension of Boroo”s mine operating licenses by Mongolian authorities on June 12, 2009, generated USD4.3 million in standby cost, the company estimated.

At the end of last year proven and probable reserves for the Gatsuurt Project, also in Mongolia, increased to 1.2 million ounces of contained gold, while measured and indicated resources are estimated at 480,000 ounces of contained gold.