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Centerra nears Kyrgyz deal

Centerra Gold (CN:CG) says it is closer to reaching a settlement with the Kyrgyz government that could involve one-off payments totalling US$60 million and confirmation of existing agreements over the Kumtor gold mine.

Centerra nears Kyrgyz deal Centerra nears Kyrgyz deal Centerra nears Kyrgyz deal Centerra nears Kyrgyz deal Centerra nears Kyrgyz deal

Centerra’s Kumtor operations

Centerra has warned its flagship operation could be suspended if the matters weren’t successfully resolved.

Local media had reported details of the proposed settlement to the long-running dispute.

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