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Centerra Gold Inc. (TSE:CG) announced that unionized employees of its Kumtor Mine in the Kyrgyz Republic commenced strike action on Friday, October 1.
Centerra Gold Inc. (TSX:CG) announced that unionized employees of its Kumtor Mine in the Kyrgyz Republic commenced strike action on Friday, October 1.
The press release is quoted as saying:
The Company believes this work stoppage is illegal as there is a collective agreement in place which expires on December 31, 2010. Production at the mine has been suspended. The Company is in discussions with the union to resolve the strike action.
Click here to access the entire press release