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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Chilean legislators reject lithium expropriation
Mining News Pro - Chilean legislators have rejected a bill allowing the expropriation of private companies involved in lithium mining in the country, which would have left the door open for the state to take over firms such as Albemarle and SQM, the world’s No. 1 and second largest producers of the battery metal.
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Anglo American hands land to South Africans amid expropriation push
Mining News Pro - Anglo American Platinum Ltd. is giving hundreds of hectares of land to communities living in a South African area that’s rich with the ore as the nation’s ruling party seeks to introduce laws that make it easier to expropriate land without paying for it.
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