Centerra Gold has received the necessary approval of its 2014 Kumtor mine plan from the relevant Kyrgyz Republic agencies. The company therefore confirms that no shutdown will be required and that the Kumtor operations will continue uninterrupted.
Approval of the mine plan by the Kyrgyz Republic State Agency of Geology and Mineral Resources (SAGMR) and the Kyrgyz Republic State Agency for Environmental Protection and Forestry was necessary for the company to continue operating.
Delays led the company to announce that it would be forced to shut down operations, however the last minute approvals mean the gold mine will continue to operate.
Centerra notes that throughout Kumtor’s history, it has always worked constructively and in good faith with the Kyrgyz Republic government and regulatory authorities to ensure the continuous operation of the Kumtor project for the benefit of all parties.
The Kumtor mine, which lies near the Chinese border at an altitude of 4000 metres, has been a source of political tension in the Central Asian country, which has been trying to increase revenues from the project. www.centerragold.com