A gold mine takeover highlights increasing mining-sector risk
- In Kyrgyzstan, the government seized a large mine owned by Canada’s Centerra Gold; the company now faces an uphill battle to get it back
Canada’s Centerra Gold Inc. invested more than $3 billion over nearly three decades to turn a remote gold prospect in Kyrgyzstan into a prosperous gold mine. Then in May, the mine was taken over by authorities in the former Soviet republic.
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