Home arrow News arrow Mining & Minerals arrow Mongolia approves Centerra's development study of Gatsuurt gold mine

Login

Search Mongolia

Latest comments

Mongolian from Natio...
oops. obviously we didnt attend neither....sorry for this si...
More...
By admin

Mongolian from Natio...
The headline says Princeton but the story says Stanford. The...
More...
By old friend

Malaysia warned of d...
Dear Sir, These 3 sites will explain my urgency for your p...
More...
By guruchell

Now Online...

No Users Online
Mongolia approves Centerra's development study of Gatsuurt gold mine PDF Print E-mail
Friday, 14 March 2008
ImageCanadian-based Centerra Gold Inc. (TSX:CG) announced Tuesday that it is moving ahead with plans to mine the Gatsuurt gold site. 
This follows Centerra’s learning that Mongolia’s Mineral Resources and Petroleum Authority has accepted the company’s feasibility study for the development of the Gatsuurt deposit. 
"Now that the Gatsuurt Project feasibility study has been approved, I am hopeful we can negotiate an acceptable Investment Agreement, which will allow us to develop the Gatsuurt deposit in a timely manner," said Len Homeniuk, President and the CEO of Centerra Gold Inc. 
Prior to excavations, Centerra will negotiate an Investment Agreement with the Mongolian government. This agreement will spell out, among other things, revenue sharing details between the mining company and the government.
  Be first to comment this article
RSS comments

Only registered users can write comments.
Please login or register.

Powered by AkoComment Tweaked Special Edition v.1.3.0
 
< Prev   Next >
[ Back ]

Latest News

Mongolia Websites

Mongolia Expat - Mongolia's only English language monthly magazine, attached to a travel / culture website with forums and lots of travel articles, photos and Ulaanbaatar listings on where's hot and whats not. Subscription to the magazine is free - subscribe online from the homepage.

 

associates

Featured Product

Statistics

Members: 703
News: 1745
WebLinks: 16
Visitors: 5873272

Google Translation

Translate This Website