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Centerra Gold Inc. (TSX:CG) announced that the road leading to the Kumtor mine has been blocked by an illegal community protest, which is impacting the movement of supplies and personnel to and from the mine, but that mine operations are not affected.
Centerra Gold Inc. (TSX:CG) announced that the road leading to the Kumtor mine has been blocked by an illegal community protest, which is impacting the movement of supplies and personnel to and from the mine, but that mine operations are not affected.
As quoted in the press release:
While the Company expects that it will be able to resolve this situation allowing for the movement of supplies and personnel to and from the mine, the Company cannot give assurances in this regard. If the road block is not removed in a timely manner there may be a material negative impact on the Company’s operations, including its ability to mine the ice and waste to maintain stable pit conditions, manage the relocation of certain mine infrastructure (as described in the Company’s news release of May 3, 2013), and its gold production and financial results.
To view the whole press release, click here.
