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