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Centerra, Kyrgyzstan resolve long-standing legal standoff

Canadian gold producer Centerra Gold and the Kyrgyzstan government have reached a wide-ranging settlement agreement that resolves a years-long legal standoff, the company announced on Monday.

The agreement, first rumoured by the media on Thursday, pushed Centerra’s Toronto-listed stock up 4.2% to a new 52-week high at C$9.15 a share.