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BUSINESS
- Kyrgyzstan
Kumtor is running at full operating speed-AKIPRESS.COM

(Read full article on AKIpress.com)

Since May 17, 2021, the Kumtor mine has been operating as planned with the supply carried out promptly and in full.

Earlier, in some media, there were publications claiming that after the introduction of Temporary External Management in Kumtor Gold Company (KGC), some foreign suppliers refused to fulfill their obligations to deliver the necessary equipment and spare parts to the company.

“Indeed, in June 2021, KGC began receiving letters from major foreign suppliers of goods and services, in which they notified about the unilateral suspension of cooperation. This was the dastardly plan of Centerra’s top managers – to shut down the Mine operation by any means, thereby forcing the government of the Kyrgyz Republic to make concessions and take decisions that would benefit the Canadian corporation. However, thanks to the competence, professionalism and experience of the KGC Temporary External Manager Tengiz Bolturuk and the efforts of local specialists, the problems were solved quickly and efficiently, thus ensuring the continuous operation and functioning of all Kumtor mine departments. Centerra’s cynical plan failed,” the company said in a statement.

“The operation continues. We have withstood this onslaught. We manage to successfully solve these problems. We are working with alternative suppliers, we are finding other supply chains. We are not afraid of any challenges and our Mine can no longer be stopped,” Tengiz Bolturuk said.

Aug 16, 2021

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