Buy Runescape 2 Gold

Main Menu

  • Home
  • Gold stock
  • Gold sale
  • Gold finance
  • Gold business
  • Gold price

Buy Runescape 2 Gold

Header Banner

Buy Runescape 2 Gold

  • Home
  • Gold stock
  • Gold sale
  • Gold finance
  • Gold business
  • Gold price
Gold stock
Home›Gold stock›Centerra Gold stock drops after Kyrgyz Republic state-owned company says it will divest its shares

Centerra Gold stock drops after Kyrgyz Republic state-owned company says it will divest its shares

By Dorothy G. Sears
May 14, 2021
0
0


CALGARY – The Kyrgyz Republic state-owned company, which owns 26 percent of the shares of Canadian mining company Centerra Gold Inc., said in a regulatory filing that it intends to sell about 19 percent of its shares. assets.

Shares of Centerra fell 6.5% to $ 8.40 on the Toronto Stock Exchange after the state-owned company, Kyrgyzaltyn JSC, announced plans to sell $ 14.8 million of its $ 77.4 million. Centerra shares.

Earlier this week, Centerra announced that the Parliament of the Kyrgyz Republic had passed a law that would allow the government to impose “external management” of its Kumtor gold mine if the operating company, Kumtor Gold Co. , violates certain Kyrgyz laws.

Centerra also said that Kumtor Gold Co. was ordered by a Kyrgyz Republic court last week to pay more than $ 3 billion in damages after a ruling that its past practice of placing waste rock on glaciers was illegal, adding that she had received other tax assessments that add to claims worth hundreds of millions of dollars.

Centerra says he believes the actions are a concerted effort to force him to give up the economic value or ownership of the Kumtor mine or to falsely justify a nationalization of the mine. He says he is determined to try to work with the authorities of the Kyrgyz Republic, but that he will not hesitate to use all legal avenues to protect his rights and interests.

In a report to investors, National Bank analyst Mike Parkin says he expects stock prices to remain volatile as Centerra struggles to register his position in the ongoing dispute and considers his options regarding the sale of shares.


Related posts:

  1. BUD) intersects 4.15 meters with an average grade of 9.73 g / t Au at Lake Tartan
  2. SXTY) Announces Discovery of Bulk Mineable Gold Mineralization on Hangstone Claims
  3. Centerra Gold shares fall after Kyrgyzaltyn says it will sell its shares
  4. Why this gold stock fell 15.2% in February but is attracting investors in March
Tagsmining company

Categories

  • Gold business
  • Gold finance
  • Gold price
  • Gold sale
  • Gold stock

Recent Posts

  • Barrick Gold (NASDAQ:GOLD) Share price up 1.6%
  • Legality of E-Gold and Gold Stock Exchange
  • Newmont Ghana completes its first gold sale to Bank of Ghana
  • Ghana: Newmont Ghana completes its first gold sale to Bank of Ghana
  • 1 Cheap Gold Stock To Buy Today

Archives

  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • February 2019
  • January 2019
  • November 2018
  • September 2018
  • June 2018
  • January 2018
  • October 2017
  • September 2017
  • July 2017
  • April 2017
  • February 2017
  • November 2016
  • October 2016
  • September 2016
  • June 2016
  • April 2016
  • July 2015
  • March 2015
  • February 2015
  • July 2014
  • December 2013
  • November 2013
  • August 2013
  • April 2013
  • February 2013
  • August 2012
  • October 2011
  • September 2011
  • July 2011
  • October 2010
  • February 2009
  • September 2003
  • Privacy Policy
  • Terms and Conditions