Stans seeks payment as Kyrgyzstan makes a stand against its rare earths project

By Antonio Torrisi
Published: Thursday, 07 August 2014

The recent ruling against Stans from the Bishkek City Court on the dispute regarding the company’s acquisition of the Kutessay II rare earths deposit in Kyrgyzstan suggests that the Kyrgyz government does not intend to negotiate, posing serious doubts about the possibility of the company continuing with redevelopment work.

TSX-V listed Stans Energy Corp. has requested a payment for damages as the Kyrgyz government is still opposing Stans’ acquisition of Kutessay II rare earths project in the Aktyuz region, Kyrgyzstan.

This week, the Bishkek City Court ruled in favour of the Kyrgyz General Prosecutor’s Office (GPO) regarding the retraction...

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