Canada said that Kyrgyzstan's move to impose external management on Centerra Gold's mine could have far-reaching consequences on foreign investment in the country.
The makeup of the constitutional assembly leaves miners like BHP Group and Anglo American Plc vulnerable to tougher rules surrounding water, glaciers, mineral and community rights.
The Canadian federal government’s changes to environmental assessment legislation have impacted mineral exploration investment in Canada “pretty significantly,” Osisko CEO and co-founder Sean Roosen tells The Northern Miner.
High gold prices continue to make the precious metal one of the most sought after metals in Canada —and there may be more new gold mines on the horizon.