MINEX Kyrgyzstan 2018 – media coverage

MINEX Forum | November 20, 2018
img0 The first MINEX Kyrgyzstan mining forum has taken place in Bishkek, and featured representatives of the government, the business community and international organisations. As the participants sought constructive dialogue and networking opportunities, KP was there to witness the event. The MINEX (Mining and Exploration) international project is a platform for commercial meetings, knowledge transfer, demonstrations ...

MINEX Kyrgyzstan 2018 summary

MINEX Forum | November 20, 2018
img0 MINEX Forum, a well-known mining events platform across Central Asia, Russia and Europe – for the first time this year has a round of the forum in Bishkek, the historic capital of Kyrgyzstan. MINEX Kyrgyzstan 2018 took place on 31 October and 1 November in Bishkek and focused on ‘Regional Development through Investment’. The Forum ...

Chaarat Gold says Centerra refused C$2B offer for firm, not just Kumtor

MINEX Forum | November 2, 2018
img0 Chaarat Gold Holdings (LON:CGH), the company that tried and failed to buy Centerra Gold’s (TSX:CG) Kumtor mine in Kyrgyzstan, revealed Wednesday the Canadian miner turned down an unconventional takeover offer, valued at about C$2 billion (roughly $1.52B), for the entire company. The Central Asia-focused gold miner last month proposed buying the Toronto-based company in an ...

Chaarat appoints new board member

MINEX Forum | September 13, 2018
img0 Aim-quoted exploration and development company Chaarat Gold has appointed Robert Edwards – a mining engineer with broad institutional and corporate experience – to its board as an independent nonexecutive director. Edwards is the former chairperson of Global Mining at Renaissance Capital and has also worked for HSBC and the Royal Bank of Canada. Edwards is ...

Chaarat Gold ups Kyrgyz Republic project resource by 46 pct

MINEX Forum | September 4, 2018
img0 Chaarat Gold Holdings (LON:CGH), the company trying to buy Centerra’s Kumtor mine in the Kyrgyz Republic, has increased the mineral resource for the Tulkubash oxide gold deposit at its Chaarat gold project by 46%, based on a new and simplified geologic model. The Central Asia-focused explorer and developer, which has been carrying out an intensive ...

Kyrgyz Authorities Clash With Owners of Massive Kumtor Gold Mine

MINEX Forum | August 20, 2018
img0 Despite reaching the additional accord initially touted as a success, the Kyrgyzstani government has recently been sending mixed signals about its further intentions. This is undoubtedly due to the downfall of the government of Sapar Isakov, widely considered the driving force behind the new deal. Isakov was dismissed by President Sooronbay Jeenbekov in April 2018, ...

Centerra delays completion of deal over Kumtor mine as Kyrgyz PM mull revisions

MINEX Forum | June 29, 2018
img0 Canada’s Centerra Gold agreed this week to extend the deadline for completion of all conditions included in a deal it signed in September with the Kyrgyz government, ending long-dragged environmental disputes over the firm’s Kumtor gold mine, the country’s largest. While the Toronto-based miner did not provide much detail about the reasons for the deferral, ...

Future of Centerra mine uncertain as Kyrgyz Gov’t revising settlement deal

MINEX Forum | June 13, 2018
img0 Fresh doubt has been cast over a deal reached in December between Centerra Gold and the Kyrgyz Republic ending long-dragged disputes after the country’s Prime Minister said Tuesday the new government was reviewing the agreement. According to radio Azattyk, minister Muhammadkaliy Abylgaziev also said his administration would submit to parliament its own proposals regarding the ...

Chaarat Gold offer to Centerra values Kumtor mine at $800 million

MINEX Forum | May 2, 2018
img0 Chaarat Gold Holdings (LON:CGH) disclosed Tuesday its unsolicited bid for Centerra Gold’s (TSX:CG) Kumtor mine in Kyrgyzstan valued the operation, the Asian country’s largest gold mine, at $800 million (about Cdn $1.025 billion at today’s exchange rate). The miner, which is developing the Chaarat project in Kyrgyzstan, said the proposed acquisition of Kumtor included $400 ...