Centerra completes long-delayed strategic agreement with Kyrgyzstan

All the conditions to complete the 2017 strategic agreement between Canada’s Centerra Gold and Kyrgyzstan have been satisfied, the gold mining company announced on Wednesday, sending its stock on the Toronto exchange up nearly 5% to C$11.65 a share.

The parties reached an agreement relating to the Kumtor mine in September 2017, resolving issues including environmental and profit-sharing disputes. The deal was expected to close in May 2018, but its completion has been pushed out several times.