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Kyrgyz Court Fines Kumtor Mine $98 Million for Environmental Damage

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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 Kumtor $98 million USD for failing to pay the appropriate fees for dumping its waste rock.