UPDATE 1-Centerra Gold eyeing M&A following mine deals
(Adds details)
* Inked investment agreement on Kumtor mine in April
* Resolved licensing problem with Boroo in July
* Shares rise 4.1 percent
TORONTO, Sept 15 (Reuters) - Centerra Gold (CG.TO) may soon seek acquisitions now that it has resolved an ownership dispute with the government of Kyrgyzstan surrounding its flagship mine, the company's chief executive said on Tuesday.
Centerra, which is part-owned by uranium giant Cameco Corp (CCO.TO), inked a long-delayed agreement in April for its Kumtor mine, which is expected to produce up to 600,000 ounces this year.
The company also resolved a licensing problem with Mongolia over its smaller Boroo mine -- its other producing asset -- in July.
"We'll begin now I think really the process of becoming involved in the M&A arena," Centerra CEO Stephen Lang said at the Denver Gold Forum.
The company's shares rose 32 Canadian cents, or 4.1 percent, to C$7.75 on the Toronto Stock Exchange.
($1=$1.07 Canadian) (Reporting by Cameron French; Editing by Christian Wiessner)
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