Kyrgyzstan: Chaarat Gold proposal to acquire Kumtor not to provide benefits to Centerra

The proposal by Chaarat Gold to acquire Kumtor does not provide sufficient benefits to Centerra, CIBC analytics said. As the organization notes, analysis suggests that the proposal does not provide sufficient benefits to Centerra, given its future funding obligations, despite improving the geopolitical risk profile. According to the analytics, the sale of Kumtor will significantly…

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