Investment

Displaying 1 - 15 of 46
  • 19 Jul 2016- 11:50 by OOSKAnews Correspondent BISHKEK, Kyrgyzstan Companies developing metal deposits in Kyrgyzstan’s Issyk-Kul province are failing to company with environmental safety requirements, according to provincial authorities. Askhat Akibaev, the plenipotentiary representative for the
  • 28 Jun 2016- 10:15 by OOSKAnews Correspondent BISHKEK, Kyrgyzstan The Kyrgyz government this week approved Kumtor’s 2016 mine plan. It is the final approval needed to ensure continuous operations at the gold mine in Kyrgyzstan’s Issyk-Kul province. Last week, Centerra Gold Inc, owner of the Kumtor
  • 23 Jun 2016- 11:30 by OOSKAnews Correspondent BISHKEK, Kyrgyzstan Centerra Gold Inc, owner of the Kumtor gold mine in Kyrgyzstan’s Issyk-Kul province, said this week that it has received approval for its 2016 maximum allowable emissions and maximum allowable discharge permits from the Kyrgyz State
  • 20 Jun 2016- 10:07 by OOSKAnews Correspondent BISHKEK, Kyrgyzstan The Kyrgyz government has ordered state agencies to take steps to ensure uninterrupted operations at the Kumtor gold mine in Issyk-Kul province, but has warned that these measures “do not cancel the obligations of the Kumtor Gold
  • 2 Jun 2016- 10:21 by OOSKAnews Correspondent BISHKEK, Kyrgyzstan The Inter-District Court of Bishkek on June 1st fined the Kumtor Operating Company another $5.1 million USD for environmental damage at its gold mine in Kyrgyzstan’s Issyk-Kul region. The ruling, based on two combined claims filed by
  • 1 Jun 2016- 10:08 by OOSKAnews Correspondent BISHKEK, Kyrgyzstan Centerra Gold this week notified the Kyrgyz government of its intention to seek arbitration to resolve disputes related to number of issues at the Kumtor gold mine in Kyrgyzstan’s Issyk-Kul Region. Centerra has proposed the name of an
  • 26 May 2016- 10:21 by OOSKAnews Correspondent BISHKEK, Kyrgyzstan The Bishkek Inter-District Court on May 25th issued a new ruling against the Kumtor Operating Company, a subsidiary of Toronto-based Centerra Gold, for environmental violations at its mine in the Issyk-Kul region. The court fined
  • 24 May 2016- 10:12 by OOSKAnews Correspondent BISHKEK, Kyrgyzstan A Kyrgyz court on May 23rd fined Centerra Gold subsidiary Kumtor Gold $10,000 USD for environmental damage. The ruling is the first of four lawsuits Kyrgyzstan’s State Inspectorate for Ecological and Technical Safety has filed at the
  • 17 May 2016- 10:16 by OOSKAnews Correspondent BISHKEK, Kyrgyzstan Kyrgyzstan’s State Inspectorate for Ecological and Technical Safety has threatened to take legal action againt the Kumtor Gold Company for "a number of violations of the ecological and technical norms and laws of the Kyrgyz
  • 4 May 2016- 10:42 by OOSKAnews Correspondent BISHKEK, Kyrgyzstan Two executives of the Kumtor Gold Company left Kyrgyzstan last week, a day after a raid was carried out on the company's offices in Bishkek as part of a criminal investigation, the Kyrgyz Prosecutor General's Office reported
  • 31 Mar 2016- 10:19 by OOSKAnews Correspondent BISHKEK, Kyrgyzstan An expert group established by the Kyrgyz government has concluded that the Kumtor open pit gold mine’s contribution to the shrinking of glaciers in the region is “negligible.” In a report presented recently to the country's
  • 24 Mar 2016- 10:55 by OOSKAnews Correspondent BISHKEK, Kyrgyzstan Canadian mining giant Centerra Gold may suspend operations at the Kumtor mine in Kyrgyzstan as of April 1st, according to Kalysbek Ryspaev, deputy chairman of the Kumtor Gold Company trade union committee. He said the move is being
  • 16 Mar 2016- 10:41 by OOSKAnews Correspondent BISHKEK, Kyrgyzstan Kyrgyz parliament members will get an update later this month from an expert scientific and technical group on the condition of glaciers in the area near the Kumtor gold mine. The expert group, formed last June, includes
  • 26 Feb 2016- 10:54 by OOSKAnews Correspondent TORONTO, ON, Canada The future of Centerra Gold’s Kumtor mine in Kyrgyzstan remains uncertain, as the Kyrgyz government has still not issued some of the required permits for the project due to environmental concerns, the company said in regulatory
  • 17 Dec 2015- 10:57 by OOSKAnews Correspondent BISHKEK, Kyrgyzstan If Kyrgyzstan’s parliament fails to pass long-discussed amendments to the country’s Water Code, it will mean a shutdown of operations at the Kumtor gold mine, the country’s largest, Kyrgyz Deputy Economy Minister Daniyar Imanaliev

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