Skip to main content

Centerra Gold obtains pastureland permit for Öksüt project

Published by , Editor
Global Mining Review,


Centerra Gold Inc.’s wholly-owned Turkish subsidiary, Öksüt Madencilik Sanayi ve Ticaret A.S. (OMAS) has been granted a pastureland permit for the Öksüt project in central Turkey.

OMAS has also received notice from the Kayseri Directorate of Food, Agriculture and Livestock (Directorate) for payment of the necessary ‘grass fee’ (approximately US$4 million), and a refundable deposit to the Directorate to commence the land delivery process, which converts the pastureland to industrial usage land. It is expected that the land delivery process may take up to 45 days.

Scott Perry, CEO of Centerra, stated: “Receiving our pastureland permit is a testament to the perseverance of OMAS’s staff and their efforts to complete the permitting process for the project. Öksüt is expected to be another of the company’s low-cost operating sites, and the completion of the permitting process has now paved the way for the project’s future development.”

Construction of the Öksüt project is subject to board approval, which the company expects to obtain in late February.

Read the article online at: https://www.globalminingreview.com/exploration-development/12012018/centerra-gold-obtains-pastureland-permit-for-kst-project/

You might also like

 EnviroTech

Ready to revolutionise the cement industry?

Join our sister publication, World Cement, in Lisbon, 10 – 13 March 2024, for their first in-person conference and exhibition: EnviroTech.

This exclusive knowledge and networking event will bring together cement producers, industry leaders, technical experts, analysts, and other stakeholders to discuss the latest technologies, processes, and policies being deployed at the forefront of the cement industry’s efforts to reduce its environmental footprint.

Get your early bird tickets NOW »

 

Pasofino Gold announces exploration update

Hummingbird has noted the recent announcement by Pasofino Gold Limited regarding the commencement of exploration activities at Bukon Jedeh, a high-priority target area within the Dugbe Gold Project, Liberia.

 
 

Embed article link: (copy the HTML code below):


 

This article has been tagged under the following:

Gold mining news