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’s Kumtor operations

07 September 2017
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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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