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Presidential spokesman about Kumtor: Hopes of people have been fulfilled

«The long-awaited day has come. The hopes of our people have been fulfilled. So, in two words, I would voice the latest news related to the future fate of Kumtor mine and disputes over its ownership,» Erbol Sultanbaev, spokesman for the President of Kyrgyzstan, said.

According to him, with the transfer of Kumtor into the ownership of Kyrgyzstan, historical justice has been restored. Sadyr Japarov played a special role in this.

«The will of the president played a big role, his restless stubbornness until he fulfills his promises to the people. Now we are confident that the Kumtor mine will serve the people and the state,» Erbol Sultanbaev concluded.

Press service of the President of the Kyrgyz Republic on Friday reported about procedure of exchange of documents confirming the process of transfer of Kumtor gold mine into the ownership of Kyrgyzstan that took place at the Embassy of Kyrgyzstan in the UK.

Centerra Gold Inc. announced the closing of the previously announced global arrangement agreement with Kyrgyzaltyn JSC and the Government of the Kyrgyz Republic relating to the disposition of Centerra’s ownership of the Kumtor mine and investment in the Kyrgyz Republic, and the termination of Kyrgyzaltyn’s involvement with the company.

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