Kyrgyzstan: Negotiations on Kumtor gold mine amid
2015-3-3 The Canadian delegation arrived in Bishkek on February 24 and following previous negotiations an agreement was reached according to which after the creation of the joint
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Girodivite: Kyrgyzstan: Negotiations on Kumtor gold mine
The Kumtor issue has created a long outstanding debate between the Canadian company and Kyrgyzstan, the matter has been used as a political weapon in a populist approach that has
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Girodivite: Kyrgyzstan: Negotiations on Kumtor gold mine
On February 26, 2015 the Government updated the parliament on the present situation and Prime Minister of Kyrgyzstan Joomart Otorbayev told about the results of negotiations. Centerra
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Kyrgyzstan Takes Full Control of Kumtor Gold Mine
2022-4-7 Looking ahead to the next 10 years, experts estimate Kumtor mine will produce at least US$5 billion dollars from the 160-200 tons of gold expected to be mined. This is money
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Kumtor Gold Mine Kyrgyzstan and Centerra Gold
2022-1-3 January 3, 2022. Kyrgyzstan and Centerra Gold confirmed the recent negotiations to resolve the disputes on Kumtor Gold Mine. Kyrgyzstan President Sadyr Japarov visited
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Kumtor: the gold mine that could make or break Kyrgyzstan
2021-6-22 The southern shore of Issyk-Kul, a mountainous lake in northern Kyrgyzstan, is famous not only for its pristine nature, but also for the largest open-cast gold mine in the
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Kyrgyzstan and Centerra in Talks for Out-of-Court Dispute
2022-1-7 Seven months after the Kyrgyz state seized control of the lucrative Kumtor mine from the Canadian firm Centerra Gold, the company has confirmed that it finally entered talks with
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Kyrgyzstan Takes Over Kumtor Gold Mine After Out-Of
2022-4-4 BISHKEK -- Kyrgyzstan has taken over the Kumtor gold mine after the government reached an out-of-court settlement with the Canadian Centerra Gold company. President
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Centerra in talks with Kyrgyzstan to resolve Kumtor mine
2022-1-4 Last month, a lawsuit was filed by the Kyrgyzstan Government against Centerra for its alleged breach of the mine’s cyber security and employee rights. Claimed to be one of the
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Kyrgyzstan: Expropriation law takes Kumtor
2021-5-10 The high-altitude Kumtor gold mine opened in 1997. (David Trilling/Eurasianet file photo) A bill hastily and secretively approved by lawmakers in Kyrgyzstan last week may spell doom for the long-embattled foreign
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Kyrgyzstan Withdraws from Negotiations Over Kumtor
2015-12-24 In February 2015, Centerra reduced its estimates of Kumtor’s reserves from 8.5 million ounces to 6.1 million. In addition, throughout 2015 commodities prices-including of gold–have fallen.
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Wave of attacks on foreign owned gold mines amid
2020-10-7 The Kumtor mine remained untouched as of October 6. It is located in a remote mountainous spot 430 kilometres away from the Kyrgyz capital Bishkek, the epicentre of the unrest and attempted coup that is playing out. Centerra Gold confirmed that operations at Kumtor continued uninterrupted amid the political upheaval.
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Centerra in talks with Kyrgyzstan to resolve Kumtor mine
2022-1-4 Last month, a lawsuit was filed by the Kyrgyzstan Government against Centerra for its alleged breach of the mine’s cyber security and employee rights. Claimed to be one of the largest gold mines in Central Asia, the Kumtor mine is located 350km south-east of Bishkek and 60km north of the border with the People’s Republic of China.
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Is the fight for the Kumtor gold mine drawing to a close?
2021-12-20 The Kumtor mine in northern Kyrgyzstan, run by the Canadian Centerra Gold company since 1997, is one of the largest gold mines in Central Asia. Photo by Silvia Sorana. On December 11, the Chairman of the Cabinet of Ministers of Kyrgyzstan, Akylbek Japarov, revealed that he hopes to conclude negotiations with Canadian mining company Centerra
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Kyrgyzstan: Larger Issues Behind the Kumtor Protests
2013-10-15 Kyrgyzstan will soon dispatch militia units to the Jeti-Oguz district of Issyk-Kul province, according to a statement issued by a regional government official Oct. 11. Several protests, in part related to the ownership structure of the Kumtor gold mine, have erupted in Issyk-Kul over the past week. The protests reflect two fundamental
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Kyrgyzstan reaches deal to take control of gold mine
2022-4-4 Kyrgyzstan reached an agreement with Canada's Centerra Gold to take full control over the long-contested Kumtor gold mine, the ex-Soviet country's president and the company said on Monday. "Kumtor has fully passed into Kyrgyzstan's ownership," President Sadyr Japarov said in a televised national address that came almost a year after Kyrgyz authorities seized
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Kumtor. The stolen future of Kyrgyzstan The Frontier Post
The largest incident occurred back in 1998, when a gold mining company truck carrying sodium cyanide fell into the Barskoon River. About five thousand residents of the nearest village were evacuated. Then the government was paid $ 4.5 million for refusing to file claims and taking responsibility for itself. Kyrgyzstan returns Kumtor
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Centerra Gold Provides Update on Negotiations with the
2022-3-28 TORONTO, March 28, 2022 (GLOBE NEWSWIRE) -- Centerra Gold Inc. (“Centerra” or “the Company”) (TSX: CG) (NYSE: CGAU) issued the following statement today: Centerra Gold Inc. notes that the Cabinet of Ministers of the Kyrgyz
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Kyrgyzstan's Kumtor Gold Company to allocate funds for
2022-7-12 Kyrgyz Kumtor Gold Company will allocate funds for the development of Naryn region, said the Chairman of Cabinet of Ministers Akylbek Zhaparov, Trend reports via Kyrgyz Media. According to him
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At Kyrgyzstan's Kumtor Mine, Not All That Glitters Is Gold
2021-5-20 The open-pit gold mine is located in mountains towering above the south shore of a massive lake in Kyrgyzstan -- Issyk-Kul. Extraction work is being done at elevations of 3,600 to 4,000 meters
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Kyrgyzstan's Kumtor Mine Becomes Political Football
BACKGROUND: On May 28 thousands of protesters demanding the nationalization of Kyrgyzstan’s Kumtor gold mine, the nation's largest, seized the Tamga electricity substation and cut off power to the facility.The protesters demanded the nationalization of Kumtor and that Toronto-based Centerra Gold Inc., having operated the Kumtor mine since 1997, build a more
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Wave of protests against foreign owned gold mines in
Wave of attacks on foreign owned gold mines amid Kyrgyzstan's political upheaval On May 20, 1998, a truck from the jointly owned Kumtor gold-mining company carrying sodium cyanide used in cleaning gold overturned on the road and rolled into the river above the village of Barskoon, spilling some 1.7 tons of sodium cyanide (around 935
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Kyrgyz government began nationalization of Kumtor gold
2021-8-18 The Kyrgyz government has officially began denunciation of agreements on the country's largest investment project the Kumtor gold mine. Earlier, the government announced the nationalization of the field, which was developed jointly with the Canadian company Centerra Gold Inc., and appointed an external manager. The transfer of Kumtor to local businesses has
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What next for Kyrgyzstan and Kumtor? Eurasianet
2021-5-18 May 18, 2021. Kyrgyzstan is grabbing hold of the gold. (photo: David Trilling) Multi-billion-dollar legal claims, a looming expropriation and a fresh international arbitration battle. This month has seen Kyrgyzstan’s always-tense relationship with its biggest private investor, Centerra Gold, unravel with what even the Toronto-listed company
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Kyrgyz Ex-President's Brother Among Politicians Arrested
2021-6-1 The head of a Kyrgyz state commission investigating alleged wrongdoing at the Kumtor mine said on May 17 that his group concluded that the agreement on giving the mining concession to Centerra
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Kyrgyzstan: At Kumtor Mine, “No Light at the
2013-11-14 In 2011, Kumtor’s taxes totaled 7 percent of the state budget and the mine was responsible for generating 12 percent of GDP. But during a workers’ strike in 2012, ice formed in the open pit mine, sending Kyrgyzstan’s overall
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The Kumtor Gold Mine and the Rise of Resource
2015-9-2 Kyrgyzstan’s mining sector, and specifically the case of the Kumtor gold mine, thus serves as a fitting vantage point to explore the rise of this phenomenon, the motives driving it, the tim- ing
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Centerra Gold Provides Update on Negotiations with the
2022-3-28 TORONTO, March 28, 2022 (GLOBE NEWSWIRE) -- Centerra Gold Inc. (“Centerra” or “the Company”) (TSX: CG) (NYSE: CGAU) issued the following statement today: Centerra Gold Inc. notes that the Cabinet of Ministers of the Kyrgyz
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Kyrgyzstan's Kumtor Gold Company to allocate funds for
2022-7-12 Kyrgyz Kumtor Gold Company will allocate funds for the development of Naryn region, said the Chairman of Cabinet of Ministers Akylbek Zhaparov, Trend reports via Kyrgyz Media. According to him
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The Kumtor Gold Mine and the Rise of Resource
2021-1-4 Factsheet 1: The Kumtor Gold Mine Mine discovered in 1978; Exploration started in 1992, operational since 1997. Life of mine: 2026. Between May 1997 and until 31 March 2015 the mine has produced ca. 10.3m ounces of gold (311 tons). Kumtor accounted for 7.4% of Kyrgyzstan’s GDP and 23.1% of its industrial output in 2014
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