Centerra reveals details of Kumtor review

摘要

Centerra Gold(CG-T) continues to release details regarding a parliamentary review of its Kumtor gold operation in Kyrgyz-stan. During a second-quarter conference call Centerra's management outlined the structure of the Kyrgyz commission, and indicated the final review is expected to be presented by early November.Centerra first learned of the Kyrgyz government's intention to review the company's Kumtor mine — which has been in operation for 15 years — on June 18. A parliamentary document accused the Toronto-based gold producer of environmental shortfalls and demanded that the Kyrgyz government increase its stake above its current 33%.