TORONTO - Centerra Gold Inc. announced Friday the closing of the global arrangement agreementwith Kyrgyzaltyn JSC and the Kyrgyz Republic on the sale of two wholly owned Kyrgyz subsidiaries, Kumtor Gold Co. CJSC and Kumtor Operating Co. CJSC, which operate the Kumtor Gold Mine.
TORONTO Centerra Gold Inc. announced Friday the closing of the global arrangement agreementwith Kyrgyzaltyn JSC and the Kyrgyz Republic on the sale of two wholly owned Kyrgyz subsidiaries, Kumtor Gold Co. CJSC and Kumtor Operating Co.
The Kumtor gold mine has passed into Kyrgyzstan's ownership after a year of negotiations with former owner, Canada's Centerra Gold Read Full Article at RT.com
Bankrupt Kumtor Gold Co. received approval for a voluntary dismissal of its Chapter 11 case Wednesday after a New York judge said a deal with the government of Kyrgyzstan and the company's equity parent was in the best interest of creditors.
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