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ALMATY, Feb 10 (Reuters) – Kyrgyzstan is within the last levels of settling its dispute with Canada’s Centerra Gold (CG.TO), whose big Kumtor gold mine it nationalised final yr, Prime Minister Akylbek Japarov was quoted as saying on Thursday.
“The talks on Kumtor are nearing their conclusion. We’re settling the matter with Centerra Gold,” Japarov informed an power convention, the Interfax information company stated.
Centerra kicked off arbitration in Might 2021 after the previous Soviet republic took over the nation’s greatest mine for allegedly posing a hazard to human lives or the setting. The corporate has denied all of the allegations.
Final month, Centerra Gold confirmed it was in talks with the Bishkek authorities for an out-of-court settlement of the dispute, saying it ought to obtain about 26.1% of its widespread inventory held by Kyrgyzstan.
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Reporting by Mariya Gordeyeva;
Writing by Olzhas Auyezov; Modifying by Clarence Fernandez
Our Requirements: The Thomson Reuters Belief Rules.
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