American Pacific adds Centerra Gold to roster of prospecting partners
Canadian exploration outfit American Pacific Mining (CSE: USGD; US-OTC: USGDF) on May 2 agreed to buy privately held Clearview Gold in a deal valued at $5 million, thus adding a…
Centerra Gold
Öksüt mine runs as normal after Turkey-Syria earthquake, Centerra says
Centerra Gold (TSX: CG; NYSE: CGAU) says its Öksüt mine located in central Turkey is continuing to operate normally after two powerful earthquakes occurred approximately 180 km from the mine…
Chaarat Gold’s project in Kyrgyzstan hit by Centerra turmoil
Chaarat Gold (LSE: CGH) announced on Wednesday financing and construction delays at its Tulkubash project in Kyrgyzstan due to increased investor uncertainty in the Central Asian country in the wake…
Kumtor exceeds 2021 gold production guidance under nationalized management
The Kumtor Gold Company (KGC) says the nationalized Kumtor gold mine in Kyrgyzstan had exceeded production guidance for 2021. Under the new external management, which took over the asset when…
Feds, BC government launch climate resilience committee in wake of devastating floods
The federal and B.C. governments have formed a new committee to address climate resilience in British Columbia following the devastating flooding, mudslides, and damage to highways and rail infrastructure in…
Where is the missing Kumtor gold?
Canada’s Centerra Gold (TSX: CG; NYSE: CGAU) says the Kumtor mine the Kyrgyz government had expropriated in May has underperformed the 2021 mine plan for June through September by 24%….
Centerra ups the ante as it accuses Kyrgyzstan of high-grading Kumtor
Centerra Gold (TSX: CG) has asked an international arbitrator to impose ‘urgent interim measures’ on the Kyrgyz Republic and state miner Kyrgyzaltyn JSC to address alleged “critical operational and safety…
UPDATE: Centerra says 40 metres of water at Kumtor pit threatens workers, environment
Centerra Gold (TSX: CG) says there is at least 40 meters of water at the bottom of its seized Kumtor gold mine in Kyrgyzstan and “abnormally” large amounts running down the pit walls, which could lead to catastrophic…
Centerra units file motion seeking US$1M a day in penalties against Kyrgyzstan government
Two units of Canada’s Centerra Gold (TSX: CG) have filed a motion in a U.S. Bankruptcy Court seeking penalties of US$1 million a day against the Kyrgyzstan government, related to…
Centerra’ financially strong’ three months following Kumtor nationalization
Centerra Gold (TSX: CG) remains “financially strong” with solid performance and a healthy outlook at its other operations three months following the Kyrgyzstan government’s seizure of the Kumtor mine, says…
US bankruptcy court holds Kyrgyz government in contempt over Kumtor seizure
The U.S. Bankruptcy Court for the Southern District of New York has ruled the Kyrgyz government is in contempt of court for continuing its legal actions locally against Canada’s Centerra…
Centerra brings additional claims in Kyrgyz-Kumtor arbitration
Canadian miner Centerra Gold (TSX: CG; NYSE: CCAU) has brought additional claims in its binding arbitration against the Kyrgyz Republic government as it fights the “wrongful expropriation” of the cornerstone…