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Centerra Seeks Arbitration Over Kyrgyz Gold Mine


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A new law, rushed through the Kyrgyz parliament, could pose new threats to the business activity of the country’s largest gold mine operator, the latest of an endless series of disputes around Kyrgyzstan’s most profitable enterprise. Now, the company is seeking arbitration to resolve the ongoing dispute.
Under the guidance of the new bill, approved by parliament on May 8, the government could take over operations at the Kumtor gold mine for a period of three months in case of documented threats to the environment or human health. 
While the law, signed by President Sadyr Japarov on May 14, does not explicitly target the Kumtor gold mine, it is directed toward companies that operate under concession agreements in Kyrgyzstan. ....

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