https://www.miningweekly.com

Centerra’s Kyrgyz agreement now delayed by more than a year

29th May 2019

By: Creamer Media Reporter

     

Font size: - +

The date by which Canadian miner Centerra Gold and the government of Kyrgyzstan had planned to satisfy conditions relating to a 2017 strategic agreement has been extended yet again – this time to the end of July.

The first ‘longstop date’ under the strategic agreement for environmental protection and investment promotion was initially slated for May 31, 2018. But it has been extended several times, with the most recent extension from May 31, 2019, to July 31, 2019.

Despite the delays, the Toronto-listed miner said on Tuesday that it would continue to work with the government to satisfy the remaining conditions precedent and to complete the strategic agreement “as soon as possible”.

The agreement between the parties ended a long-standing legal battle over the Kumtor mine.

Edited by Mariaan Webb
Creamer Media Contract Publishing Editor

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

CSIR International Convention Centre (CSIR ICC)
CSIR International Convention Centre (CSIR ICC)

CSIR International Convention Centre (CSIR ICC) - the leading conference and events venue in Pretoria/Tshwane.

VISIT SHOWROOM 
Hanna Instruments (Pty) Ltd
Hanna Instruments (Pty) Ltd

We supply customers with practical affordable solutions for their testing needs. Our products include benchtop, portable, in-line process control...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.048 0.916s - 111pq - 2rq
Subscribe Now