The value shares Centerra Gold Inc. on the Toronto Stock on 28.11.2020: 9.52 USD Value of Kyrgyzstan's shares in Centerra Gold Inc. : 736 864 812 USD

Contractors of Kumtor are being transported from the mine site

published: 08 February 2012

Contractors of Kumtor are being transported from the mine siteKumtor Operating Company announced that Management of the Company and Trade Union has agreed on the list of duties that must be maintained despite the suspension of production.

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.

Previous publicationA number of the Kumtor mine employees refused to come to work Next publicationThe strike at Kumtor mine site is settled
The value shares Centerra Gold Inc. on the Toronto Stock on 28.11.2020: 9.52 USD USD Value of Kyrgyzstan's shares in Centerra Gold Inc. : 736 864 812 USD
© 2011-2020 "Kumtor Gold Company." Copying of materials is possible only with written permission.