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Centerra Gold, Kyrgyz gov't announce progress on Kumtor talks

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(Kitco News) - Centerra Gold, Kyrgyz gov't announce progress on Kumtor talks

Centerra Gold (TSX: CG) said today that the Cabinet of Ministers of the Kyrgyz Republic has approved a decision by the Kyrgyz Government to conclude an agreement with Centerra regarding Kumtor Mine.

Centerra said the terms track what was announced in early January.

In 2021 Centerra said the Kyrgyz Government seized control of the Kumtor mine.

Centerra warned that no final deal is concluded.

Centerra Gold stock is mostly flat over the past five days at $12.17 a share.

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