PRECIOUS METALS

Chaarat eyes Tulkabash debt financing close in H2

AIM-listed Chaarat Gold said Wednesday it expects to close the debt financing for its Tulkabash project in Kyrgyzstan in the second half of the year, “subject to resolution of Centerra’s Kumtor situation”.

Chaarat Gold's Tulkabash project in Kyrgyzstan

Chaarat Gold's Tulkabash project in Kyrgyzstan

Chaarat wanted to have financing for Tulkabash in place by June 2021, but uncertainty surrounding Kyrgyzstan's mining sector in the wake of the Centerra dispute meant the timeline had to be pushed back....

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