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Centerra Gold seeks arbitration over Kyrgyzstan gold mine

Section: Daily Dispatches

By Paolo Sorbello
The Diplomat, Washington, D.C.
Monday, May 17, 2021

A new law, rushed through the Kyrgyzstan parliament, could pose new threats to the business activity of the country's largest gold mine operator, the latest of an endless series of disputes around the country's most profitable enterprise. Now the company is seeking arbitration to resolve the ongoing dispute.

Under the guidance of the new bill, approved by parliament May 8, the government could take over operations at the Kumtor gold mine for a period of three months in case of documented threats to the environment or human health. 

... Dispatch continues below ...


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While the law, signed by President Sadyr Japarov on May 14, does not explicitly target the Kumtor gold mine, it is directed toward companies that operate under concession agreements in Kyrgyzstan.

The Kumtor gold mine is the only project in the country operating under a concession agreement, which the government signed in 2009 with Centerra Gold. ...

... For the remainder of the report:

https://thediplomat.com/2021/05/centerra-seeks-arbitration-over-kyrgyz-g...

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with great GATA-label wine

Wine carrying the label of the Gold Anti-Trust Action Committee, cases of which were awarded to three lucky donors in GATA's recent fundraising campaign, are now available for purchase by the case from Fay J Winery LLC in Texarkana, Texas. Each case has 12 bottles and the cost is $240, which includes shipping via Federal Express.

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Buyers can compose their case by choosing as many as four varietals from the list here:

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GATA will receive a commission on each case of GATA-label wine sold. So if you like wine and buy it anyway, why not buy it in a way that supports our work to achieve free and transparent markets in the monetary metals?

To order a case of GATA-label wine, please e-mail Fay J Winery at bagman1236@aol.com.

* * *

Support GATA by purchasing
Stuart Englert's "Rigged"

"Rigged" is a concise explanation of government's currency market rigging policy and extensively credits GATA's work exposing it. Ten percent of sales proceeds are contributed to GATA. Buy a copy for $14.99 through Amazon --

https://tinyurl.com/3xt6uw66

-- or for an additional $3 and a penny buy an autographed copy from Englert himself by contacting him at srenglert@comcast.net.

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