Kumtor can work until 2031: State Committee on Ecology and Climate akipress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from akipress.com Daily Mail and Mail on Sunday newspapers.
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Kyrgyzstan|environment|May 17, 2021 / 01:56 PM
Head of Ecology and Climate Committee speaks for higher state control over compliance with environmental norms by Kumtor Gold Company
AKIPRESS.COM - Water and environmental problems are relevant now and for this reason Kyrgyzstan has very good chances, Head of State Committee for Ecology and Climate Dinara Kutmanova said at the extraordinary session of the Parliament of Kyrgyzstan on outcomes of work of the state commission on Kumtor project today.
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Kyrgyzstan will win any claims and aribtrations due to violation of several environmental norms at Kumtor mine - Ecology Committee Chair akipress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from akipress.com Daily Mail and Mail on Sunday newspapers.
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Kyrgyzstan|business|May 9, 2021 / 08:55 AM
Centerra Gold comments on court ruling on 261.7 billion som fine and passing of law on external management by parliament
AKIPRESS.COM - Centerra Gold Inc. said it has become aware of a number of legal and political developments in the Kyrgyz Republic which may affect Centerra’s ownership of the Kumtor Mine and its rights under the 2009 restated project agreements which govern the Kumtor Mine.
First, the Company understands that a law has been passed by the Kyrgyz Republic Parliament which would enable the Kyrgyz Republic Government to impose “external management” on companies in the Kyrgyz Republic operating under concession agreements.
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TORONTO, May 07, 2021 (GLOBE NEWSWIRE) Centerra Gold Inc. (“Centerra”) (TSX: CG) (NYSE: CGAU) announced today that it has become aware of a number of legal and political developments in the Kyrgyz Republic which may affect Centerra’s ownership of the Kumtor Mine and its rights under the 2009 restated project agreements which govern the Kumtor Mine.
First, the Company understands that a law has been passed by the Kyrgyz Republic Parliament which would enable the Kyrgyz Republic Government to impose “external management” on companies in the Kyrgyz Republic operating under concession agreements. The law was proposed, passed three readings and was adopted by Parliament in a single day and will now be referred to the President of the Kyrgyz Republic for signature. The sponsor of the law, Mr. Akylbek Japarov, notes that the only project operating under a concession agreement in the Kyrgyz Republic is the Kumtor Mine.