KYRGYZ-CANADIAN JOINT VENTURE LAUNCHES GOLD PRODUCTION.

Kumtor Gold, a joint venture in Kyrgyzstan of the Cameco Corporation of Saskatchewan, Canada, commissioned its ore-enrichment and processing plant at the Kumtor gold field yesterday. Addressing the opening ceremony at the site, Kyrgyz president Askar Akaev expressed the hope that the revenue from this project will finance Kyrgyzstan’s industrial restructuring and conversion, and will also help persuade other Western companies to invest in Kyrgyzstan.

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