To date, the minimum required work at the factory, in the southeastern part of the central pit, and in the tailings dam is done. Relevant departments of the Company will continue to hold environmental monitoring. Security service ensures compliance with the order at the facilities of the mine. The administration began to transport contractors from Kumtor mine site.
The Company informed the state authorities of the Kyrgyz Republic that prolonged suspension of the mining operations may impact production during 2012
As it was previously reported, Company Management has negotiated with the Trade Union and made a fair proposal to resolve the Social Fund employee contribution issue. The offer remains valid at this time.
Due to the violation of procedures of organizing and arranging the strike, the Company has filed a claim to the Oktyabr district court of Bishkek, asking to recognize the strike illegal.