Kyrgyzstan Puts Pressure on Centerra Gold With New Deadline

Mining Weekly reported that Kyrgyzstan has given Centerra Gold a deadline in three months to amend their deal for the Kumtor mine, accusing them of causing environmental damage and underpayment.

As quoted in the market report:

If within three months our negotiations yield no results, the government will unilaterally cancel the agreement,” Economy Minister Temir Sariyev said during the debate on Wednesday.

To view the whole Mining Weekly report, click here.

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Nexus Gold Corp.

Nexus Gold Corp. (TSXV:NXS) is currently drilling on the Walker Ridge Gold Project in Nevada - a multiple target, Carlin-type gold exploration property. They have recently submitted an expanded Plan to increase the current 8 pad plan to 29 drill pads.

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