The Prospector News

Centerra Gold’s Kumtor Mine Suspends Operations

You have opened a direct link to the current edition PDF

Open PDF Close

Share this news article






Centerra Gold Inc. (TSX:CG) today reported that the national grid power supply to the Kumtor mine has been disrupted by local protestors. The road leading to the mine also continues to be blocked by illegal protests. The mine has begun an orderly shutdown of the milling facility using back-up diesel-generated power. The camp and other facilities at site are also currently operating on back-up power. Mining operations have also been suspended other than continuing operations to manage the ice and waste in the high movement area of the open pit.

The Company continues to cooperate closely with the Government and local authorities with a view to a peaceful resolution of the situation. If grid power and road access is not restored in a timely manner the Company expects that there will be a material negative impact on the Company’s operations, including its gold production and financial results. The Company expects to provide further information, including the potential impact on production as events warrant.


About Centerra

Centerra is a gold mining company focused on operating, developing, exploring and acquiring gold properties primarily in Asia, the former Soviet Union and other emerging markets worldwide. Centerra is a leading North American-based gold producer and is the largest Western-based gold producer in Central Asia. Centerra’s shares trade on the Toronto Stock Exchange (TSX) under the symbol CG. The Company is headquartered in Toronto, Ontario, Canada.

Posted May 31, 2013

Share this news article


Fortuna Reports First Quarter 2021 Financial Results

Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI) reported record... READ MORE

May 10, 2021

McEwen Mining Reports Upbeat Exploration & Delineation Results

Including true width intervals of 6.08 g/t Au over 25.7 m at Stoc... READ MORE

May 10, 2021

Imperial Reports First Quarter 2021 Financial Results

Imperial Metals Corporation (TSX:III) reports financial results ... READ MORE

May 10, 2021

McEwen Mining: Q1 2021 Results

McEwen Mining Inc. (NYSE: MUX) (TSX: MUX)  reported its first qu... READ MORE

May 10, 2021

Cameco reports first quarter results, Cigar Lake restart and the continued execution of strategy to support global clean-air transition

Cameco (TSX: CCO) (NYSE: CCJ) reported its consolidated financial... READ MORE

May 7, 2021

Copyright 2021 The Prospector News