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BMO backs Centerra ignoring Chaarat bids

Canadian miner with high-grade driven December quarter as Kumtor production climbs 86%

Staff reporter
It was a big quarter at Centerra's Kumtor gold mine in the Kyrgyz Republic

It was a big quarter at Centerra's Kumtor gold mine in the Kyrgyz Republic

Chaarat's final effort was to float a full takeover of Centerra, which has a market cap of US$1.27 billion compared to Chaarat's $128 million. In the December quarter, Centerra got 228,096 ounces of...

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