Where is the missing Kumtor gold?
Canada’s Centerra Gold (TSX: CG; NYSE: CGAU) says the Kumtor mine the Kyrgyz government had expropriated in May has underperformed the 2021 mine plan for June through September by 24%….
Centerra Gold
Centerra ups the ante as it accuses Kyrgyzstan of high-grading Kumtor
Centerra Gold (TSX: CG) has asked an international arbitrator to impose ‘urgent interim measures’ on the Kyrgyz Republic and state miner Kyrgyzaltyn JSC to address alleged “critical operational and safety…
UPDATE: Centerra says 40 metres of water at Kumtor pit threatens workers, environment
Centerra Gold (TSX: CG) says there is at least 40 meters of water at the bottom of its seized Kumtor gold mine in Kyrgyzstan and “abnormally” large amounts running down the pit walls, which could lead to catastrophic…
Centerra units file motion seeking US$1M a day in penalties against Kyrgyzstan government
Two units of Canada’s Centerra Gold (TSX: CG) have filed a motion in a U.S. Bankruptcy Court seeking penalties of US$1 million a day against the Kyrgyzstan government, related to…
Centerra’ financially strong’ three months following Kumtor nationalization
Centerra Gold (TSX: CG) remains “financially strong” with solid performance and a healthy outlook at its other operations three months following the Kyrgyzstan government’s seizure of the Kumtor mine, says…
US bankruptcy court holds Kyrgyz government in contempt over Kumtor seizure
The U.S. Bankruptcy Court for the Southern District of New York has ruled the Kyrgyz government is in contempt of court for continuing its legal actions locally against Canada’s Centerra…
Centerra brings additional claims in Kyrgyz-Kumtor arbitration
Canadian miner Centerra Gold (TSX: CG; NYSE: CCAU) has brought additional claims in its binding arbitration against the Kyrgyz Republic government as it fights the “wrongful expropriation” of the cornerstone…
Centerra sues former director over Kumtor mine expropriation
Centerra Gold (TSX: CG) has sued the new external manager of its Kumtor mine, which was seized by Kyrgyzstan last weekend, claiming that he conspired to steal the asset from the company…
Centerra moves to protect investors after Kumtor seized
Centerra Gold (TSX: CG) has kicked off a series of measures to protect shareholder rights after Kyrgyzstan seized control of the company’s Kumtor gold mine on May 17. On a…
Centerra Gold to launch arbitration against Kyrgyzstan over Kumtor mine
Centerra Gold (TSX: CG) has initiated binding arbitration against the government of the Kyrgyz Republic in a legal skirmish over the company’s Kumtor mine. In early May, lawmakers in Kyrgyzstan…
Kyrgyzstan to temporarily take over Centerra’s Kumtor mine
Lawmakers in Kyrgyzstan, home to major gold and copper mines, have passed a law allowing the state to temporarily seize Centerra Gold’s (TSX: CG) Kumtor mine, the largest gold operation in…
Surge updates resource for Berg deposit in B.C.
After acquiring the option to earn up to a 70% interest in the Berg property in central B.C. last December, Surge Copper (TSXV: SURG) has now updated a historic resource…