Centerra, Kyrgyz gov in talks to form company for Kumtor mine
June 4 (Reuters) - Centerra Gold Inc said it is in talks with the Kyrgyzstan government to form a joint venture that would own its flagship Kumtor project.
The company and the government are considering a transaction under which the government would swap its 32.7 percent equity interest for an equivalent interest in a joint venture, Centerra said in a statement on Tuesday.
Centerra shares were slightly up at C$4.18 on the Toronto Stock Exchange. Trading was earlier halted.
- U.S. war veteran released by North Korea returns home |
- South Korea to make announcement on air zone; expansion is anticipated |
- Pro-Europe protesters gather for rally in Kiev
- Pennsylvania newlyweds "just wanted to murder someone together:" police
- Obama defends interim Iran deal, seeks to assure Israel