Centerra reports ‘important next step’ in advancing Mongolian gold project
BISHKEK (TCA) — Canada-based Centerra Gold Inc., the largest Western-based gold producer in Central Asia which is also developing the Kumtor gold deposit in Kyrgyzstan, on February 4 announced that the Mongolian Parliament had passed a resolution setting the state ownership interest in the Gatsuurt Project at 34% and authorizing the Mongolian government to complete negotiations with Centerra on the terms of such ownership.