The value shares Centerra Gold Inc. on the Toronto Stock on 09.08.2020: 13.47 USD Value of Kyrgyzstan's shares in Centerra Gold Inc. : 1 042 601 788 USD

KGC News Release

published: 02 December 2019

A significant waste rock dump failure has occurred at the Kumtor operation.
The rock movement occurred at the Lysii waste rock dump and two company employees who were working in the area did not report to the emergency gathering area and remain missing. Centerra Gold and Kumtor Gold Company’s first priority at this time is to locate the missing employees through a search and rescue operation which began immediately and is ongoing in cooperation with the Kyrgyz Republic Ministry of Emergencies.

According to preliminary information, a dramatic failure occurred at the Kumtor mine at the Lysii waste rock dump, at approximately 5:43 a.m. on December 1, 2019. Kumtor initiated an emergency evacuation of all mine personnel from the area and an immediate cessation of mining operations.

The Company has notified all relevant government authorities, the two employee’s families.  Those search and rescue efforts are ongoing.

Open pit mining operations have been temporarily halted and the mine plan is being re-evaluated.  The Company will not be in a position to make any comments about the re-start of mining operations until the search and rescue efforts have been completed and a revised mine plan has been developed.

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The value shares Centerra Gold Inc. on the Toronto Stock on 09.08.2020: 13.47 USD USD Value of Kyrgyzstan's shares in Centerra Gold Inc. : 1 042 601 788 USD
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