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Toronto-listed Centerra Gold and the Kyrgyz Republic’s government have agreed a “clean separation” that will see the miner relinquish its ownership of the Kumtor gold mine and have state-owned Kyrgyzaltyn give up its involvement and investment in Centerra.
The agreement could mark the end of a near year-long dispute between the Central Asian state and Centerra.
Investors press for buy-back, turnaround in Turkey fortunes
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