Since 2020, the Public Fund “Insan Generation” has been implementing a project retraining workers of sewing industry and improving their working conditions in Ton and Jety-Ogus districts, Issyk-Kul province, with the support of Kumtor Gold Company. KGC contributed more than 8.2 million soms in financial aid for this project.
Toronto, Canada, April 12, 2021: Centerra Gold Inc. (the “Company” or “Centerra”) (TSX: CG) is pleased to announce that the Company has received approval to list its common shares on the New York Stock Exchange (NYSE). Trading of the Company’s common shares is expected to commence under the symbol “CGAU” on Thursday, April 15, 2021. The Company’s primary exchange will remain the Toronto Stock Exchange.
Kumtor awarded 5 million soms in financial aid to implement a project encouraging Jety-Oguz farmers to grow wheat. These funds were used to purchase 170 tonnes of winter wheat seeds (Bezostaya primary seeds). As a result, the seeds were distributed to a total of 34 groups, 5 to 10 farmers in each, in each of 19 villages of Jety-Oguz district. The seeds return terms are based on the ratio of 1 to 1.5. For example, if you borrowed 1 tonne you are expected to return 1.5 tonnes. Having received the seeds, the farmers sowed nearly 570 hectares of arable land.
As disclosed in January 2021, a waste sorting plant has been put into operation in the city of Balykchi largely due to the support of Kumtor Gold Company which contributed approximately 5.5 million soms for purchasing waste sorting equipment from Russia. The project is implemented by Improvement and Sanitation, the municipal service operating at the Balykchi city administration.
A demonstration pheasant yard was organized in the village of Barskoon, Issyk-Kul province last summer. The project was launched by Central Asia Prospects non-government fund and is supported by Kumtor Gold Company. Its budget is 3.84 million soms.
Toronto, Canada, March 18, 2021: Centerra Gold Inc. (“Centerra”) (TSX: CG) commentstoday on tax claims received by its Kyrgyz Republic subsidiary, Kumtor Gold Company CJSC (“KGC”), from the Kyrgyz Republic State Tax Service.
A waste sorting plant started working in Balykchy of Issyk-Kul region thanks to Kumtor Gold Company. The official opening took place on New Year’s eve.
Please accept our sincere greetings on the coming New Year! May 2021 be the year of new successes and major achievements for you! We wish happiness, luck and prosperity to you and your families!
The project is designed to provide local communities with access to potable water. The project is very popular since it improves lives of thousands of people. Requests coming to the company for potable water projects are discussed at Regional Committee meetings.
The project focuses on supporting agricultural development. The government is also emphasizing expanding arable land. According to expert estimates, the total area of arable land in the country could potentially be doubled with sufficient investment.
Waste segregation introducing project “Uch Chaka”/ Three Bins” in Jeti-Oguz and Ton districts. The project goal was to create the potential for 6 local municipal enterprises and to raise awareness of the local community about correct and effective practices of solid waste management and sorting.