Centerra’s Kyrgyz units seek bankruptcy protection over Kumtor mine expropriation
Canada’s Centerra Gold (TSX: CG) announced late on Monday that its Kyrgyz subsidiaries have filed for bankruptcy in New York to protect investors and restructure the company, whose Kumtor gold mine was seized by the former soviet nation last month.
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Kyrgyzstan to temporarily take over Centerra’s Kumtor mine
Mining News Pro - Lawmakers in Kyrgyzstan, home to major gold and copper mines, have passed a bill allowing the state to temporarily seize Centerra Gold’s (TSX: CG) Kumtor mine, the largest gold operation in the Central Asian nation.
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Centerra keeps Kumtor mine running despite political unrest
Mining News Pro - Centerra Gold on Tuesday confirmed that operations at its Kumtor mine will continue uninterrupted following the recent political unrest in the Kyrgyz Republic.
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Centerra Gold says search for missing employees underway at Kumtor mine
Mining News Pro - Canada’s Centerra Gold Inc said on Monday that search operation for two missing workers at its Kumtor gold mine in Kyrgyzstan was underway and that it had temporarily shut the mine as it was focusing on rescue efforts.
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