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Centerra CEO weighs ‘divorce’ with Kyrgyzstan on seized mine
The vast open-pit Kumtor mine is Kyrgyzstan’s largest gold operation. (Image courtesy of Kumtor Gold)

Centerra Gold Inc. could part ways with Kyrgyzstan’s government over its seized flagship mine in the Central Asian nation, but the company’s top executive would like to discuss it first.

Relations between Centerra and the Kyrgyz Republic have soured so much since the government took control of Kumtor gold mine that it would be difficult to go back to the way things were, said Chief Executive Officer Scott Perry. Still, the Canadian company — which hasn’t had high-level talks with senior management since President Sadyr Japarov assumed power last October — wants to talk things over and find options to break the impasse.

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The vast open-pit Kumtor mine is Kyrgyzstan’s largest gold operation. (Image courtesy of Kumtor Gold)

Centerra Gold Inc. could part ways with Kyrgyzstan’s government over its seized flagship mine in the Central Asian nation, but the company’s top executive would like to discuss it first.

Relations between Centerra and the Kyrgyz Republic have soured so much since the government took control of Kumtor gold mine that it would be difficult to go back to the way things were, said Chief Executive Officer Scott Perry. Still, the Canadian company — which hasn’t had high-level talks with senior management since President Sadyr Japarov assumed power last October — wants to talk things over and find options to break the impasse.

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