May 16 Centerra Gold Inc. initiated arbitration proceedings against the government of Kyrgyzstan after the adoption of the law allowing for the introduction of external management at the Kumtor mine.
According to ЕАdaily, in Bishkek, environmental activists went to a picket near the building of the US Embassy. According to the leader of the Save the Tien Shan movement Kanyshay Ryspekova, in this way they want to draw the attention of the world community to the situation around the Kumtor mine.
“On August 17 in New York, the trial on the claim of Centerra Gold against Kyrgyzstan will begin. We are gathered here to support our country. There have been many environmental and tax violations on the part of Centerra Gold over the past 20 years.
Glaciers have been destroyed due to waste storage. We believe that the company’s claim against our state is unfair. In social networks, we will publish photos and videos of the consequences of Centerra’s work in Kyrgyzstan. We want to draw the attention of the world community to the situation”, she said.
May 16 Centerra Gold Inc. initiated arbitration proceedings against the government of Kyrgyzstan after the adoption of the law allowing for the introduction of external management at the Kumtor mine. Later Centerra Gold Inc., Kumtor Gold Company and Kumtor Operating Company applied to the Court of the Southern District of New York. July 7 Centerra Gold Inc. filed claims against Kyrgyzaltyn OJSC, Centerra’s largest shareholder.