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High noon approaches for Centerra, Kyrgyz disputes as cash reserves dwindle

Posted by ipso facto @ 9:55 on February 27, 2017  

VANCOUVER (miningweekly.com) – A resolution to the drawn-out dispute between Canadian gold producer Centerra Gold, the Republic of Kyrgyzstan and State miner Kyrgyzaltyn could potentially be reached by mid-year, the multinational miner said in its year-end results statement issued late on Thursday.

Centerra, which in January filed a request for a partial award or interim measures against the Kyrgyz Republic with the Permanent Court of Arbitration, is seeking an award ordering the Kyrgyz Republic withdraw or suspend its claims relating to environmental, dividend and land use accusations, and related decisions and court orders.

cont. http://www.miningweekly.com/article/high-noon-approaches-for-centerra-kyrgyz-disputes-as-cash-reserves-dwindle-2017-02-25

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.