Loading ...Centerra Gold, Kyrgyzstan close to Kumtor out-of-court deal
Kyrgyzstan and Canada’s Centerra Gold (TSX: CG) are close to settling a dispute triggered by the state expropriation of the company’s giant Kumtor gold mine, which accounts for a fifth of the ex-Soviet country’s total industrial output.
“The talks on Kumtor are nearing their conclusion. We are settling the matter with Centerra Gold,” Prime Minister Akylbek Japarov told an energy conference, according to Interfax news agency