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Chaarat confirms Kumtor acquisition plans

Joint acquisition with Kyrgyzaltyn could lead to rerating

Staff reporter
Chaarat wants to acquire half of Centerra's Kumtor gold mine

Chaarat wants to acquire half of Centerra's Kumtor gold mine

The proposed acquisition would give Chaarat 50% ownership in Kumtor, including its common equity and management and operation of the mine, while Kyrgyzaltyn would own the mine's preferred equity and be...

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