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Kyrgyzstan passes law to take control of Kumtor gold mine
BISHKEK, May 7 (Reuters) - Kyrgyzstan's parliament has passed a law allowing the state to temporarily take over the country's biggest industrial enterprise, the Kumtor gold mine operated by Canada ...
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Kyrgyzstan: Expropriation law takes Kumtor battle to the brink
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 investors holding concession rights for the country's most lucrative industrial asset.. If President Sadyr …
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Kumtor Gold Company | Official site of the Kumtor …
Kumtor, one of the highest gold deposits in the world, is situated in the southern region of the Central Tien-Shan at an altitude of 4,000 meters above sea level in a permafrost …
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Kyrgyzstan in full control of Kumtor gold mine as Centerra …
KUMTOR MINE, Kyrgyzstan, June 1 (Reuters) - Authorities in Kyrgyzstan said they are in full control of the giant Kumtor gold mine after taking over management of the mine from Canada's Centerra Gold which has taken legal action over the seizure. Kumtor, the largest foreign investment project in Kyrgyzstan, was operated by Centerra …
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Centerra in talks with Kyrgyzstan to resolve Kumtor mine …
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 …
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Akayev Asks for Forgiveness Over Kumtor, Flies Back to …
Akayev issued a video statement on August 8 in which he asked the Kyrgyz people for forgiveness. Construction on the Kumtor Gold Mine began in 1993, after a 1992 agreement between the newly ...
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Kyrgyzstan: President's allies dominate parliamentary race
Members of El Umutu have been instrumental in the president's drive to nationalize the Kumtor gold mine. (El Umutu/Facebook) Kyrgyz citizens will cast ballots later this month for a new, smaller parliament with fewer powers. Oversight will likely be lax since some of the country's best journalists have been forbidden from monitoring the …
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Kyrgyz Parliament Supports Seizure Of Canadian-Run Gold …
Centerra's Kyrgyz subsidiary Kumtor Gold Company (KGC), Kyrgyzstan's biggest taxpayer, is the only firm in the former Soviet republic that operates under a concession agreement.
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Collapsing Glacier in Kyrgyzstan Sends Worrying Signal to …
For major rivers in Central Asia, such as the Syr Darya, glaciers in Kyrgyzstan have become a critical source of water in the warmer months. In Kyrgyzstan, more than 8,000 glaciers and eternal snows stretching over 8,100 square kilometers make up about 8% of the country's territory. The fate of the glaciers is an urgent problem for …
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What next for Kyrgyzstan and Kumtor? | Eurasianet
In a neat bit of timing, a Kyrgyz court on May 7 ruled that had indeed committed environmental violations, causing the state damages worth an eye-watering $3 billion. Ten days later, lawmakers gave unanimous backing to a state commission investigating Kumtor that had called for those external managers to be appointed.
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Centerra Says Kumtor's Gold Output Down – The Diplomat
Kumtor: Kyrgyz Court Cancels $3.2 Billion Fine on Departing Canadian Mining Firm Centerra By Catherine Putz. The contentious saga of Kumtor Gold Mine is one step closer to completion.
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Kyrgyzstan Allows Fugitive Ex-President Akaev To Return In …
The restructuring agreements of 2003-04 lowered Kyrgyzstan's stake in Kumtor by 25.7 percent. Kyrgyzstan currently owns a mere 26 percent of the mining project. Japarov To Blame?
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Kyrgyzstan in full control of Kumtor gold mine as Centerra …
Authorities in Kyrgyzstan said they are in full control of the giant Kumtor gold mine after taking over management of the mine from Canada's Centerra Gold which has taken legal action over the seizure. Kumtor, the largest foreign investment project in Kyrgyzstan, was operated by Centerra Gold until last month when Kyrgyz lawmakers …
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ARCHIVED: Kumtor Gold Mine, Kyrgyzstan
The Kumtor open pit gold mine is located in a majestic surrounding in the Kyrgyzstan mountains. It receives continued support by the European Bank for Reconstruction and Development, despite several accidents in the past and ongoing environmental damages from the mining operations.
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Former Kyrgyz President In Bishkek Again For …
The giant Kumtor gold project has been the focus of international attention since a new Kyrgyz government moved to temporarily take over operations at the mine in …
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Surficial geology and geomorphology of the Kumtor Gold Mine, Kyrgyzstan
More recently, industrial-scale gold mining began in the Akshiirak massif in Kyrgyzstan all but destroying the Kumtor glacier (Evans et al., 2015) and causing numerous protests against ...
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Kumtor Saga Roils With Additional Arbitration Claims and …
Kyrgyz authorities say they have begun the process of denouncing all agreements related to the Kumtor Gold Mine project, nearly two months after the Kyrgyz government seized control of the prized ...
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Kyrgyzstan: Five Largest Mines in 2021
Kumtor Mine in Issyk-Kul, was the largest mine in Kyrgyzstan, producing approximately 7.23 million metric tons per annum (mmtpa) of Run-of-Mine (ROM) and primarily produced gold (583.41 thousand ounces) in 2021. The Kumtor Mine is owned by Centerra Gold Inc, and is due to operate until 2033. The second largest mine with approximately 3.19 mmtpa …
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Government of the Kyrgyz Republic Announces Global …
Government of Kyrgyzstan. 04 Apr, 2022, 09:33 ET. Government of Kyrgyzstan to take on full management and ownership of Kumtor Gold Mine. Centerra to pay US$50 million for the purpose of preserving ...
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(PDF) Dirty Water, Muddied Politics: Hybridisation of Local …
The Kumtor gold deposit is the largest in Central Asia, and has been central to Kyrgyzstan's domestic economy since production started in 1997. In 2014, it accounted for 23.1% of Kyrgyzstan's
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Are Centerra and Kyrgyzstan Nearing a Deal to Split For …
Kumtor accounted for nearly 10 percent of Kyrgyzstan's GDP in 2019, demonstrating how important its operation has been to the Kyrgyz economy. With the rise to power of populist President Sadyr ...
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Another Troublesome Kyrgyz Gold Mine – The Diplomat
Kumtor: Kyrgyz Court Cancels $3.2 Billion Fine on Departing Canadian Mining Firm Centerra By Catherine Putz. The contentious saga of Kumtor Gold Mine is one step closer to completion.
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Land | Free Full-Text | Dirty Water, Muddied Politics
By arguing that Kumtor should be run by "the nation" as it "affects all Kyrgyz" and symbolically locating the protest outside the parliament building, this rally shifted the 'scale of meaning' of the anti-Kumtor movement to the national level, while simultaneously divorcing it from the local anti-Kumtor campaign [98,101].
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Former Kyrgyz President In Bishkek Again For Questioning Over Kumtor …
On September 22, Kyrgyz Prime Minister Akylbek Japarov told RFE/RL that after the Kyrgyz government took over the gold mine, Kumtor produced 4.1 tons of gold, bringing $62 million to the state ...
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Kyrgyzstan Takes Full Control of Kumtor Gold Mine
April, 07, 2022 - 11:46 World news TEHRAN (Tasnim) – Kyrgyzstan will take full control of the Kumtor gold mine (KGC), its biggest industrial enterprise, under an out-of-court …
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Kyrgyzstan faces international legal battle over gold mine
Kyrgyzstan faces international legal battle over gold ... Gold production is the largest source of economic revenue in Kyrgyzstan and Kumtor is the largest single contributor to its gross domestic ...
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Even Two Decades After Massive Cyanide Spill, …
Kumtor Country Cameco signed a deal with the Kyrgyz state gold company Kyrgyzaltyn in 1992, and they jointly produced their first gold in 1996. In 1997, the …
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Japarov's Kyrgyz Cabinet Shuffle – The Diplomat
Kumtor: Kyrgyz Court Cancels $3.2 Billion Fine on Departing Canadian Mining Firm Centerra By Catherine Putz. The contentious saga of Kumtor Gold Mine is one step closer to completion.
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As it decides the future of the Kumtor gold mine, Kyrgyzstan turns …
After the Kyrgyz government imposed external management to the Canadian-operated Kumtor gold mine in May 2021, little is known about the current state of its activities and its future. While gold sales and exports are at a complete standstill, the Kyrgyz judicial authorities have been particularly busy investigating, interrogating, and/or …
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Centerra Seeks Arbitration Over Kyrgyz Gold Mine
State-owned Kyrgyzaltyn owns around 26 percent of Centerra's shares. Through its subsidiary, Kumtor Gold Company (KGC), Centerra controls operations at the Kumtor gold mine. Globally, Kumtor is ...
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