TORONTO, ONTARIO -- (Marketwire) -- 12/05/11 -- Centerra Gold Inc. (TSX: CG) announces today that the transfer of diesel fuel and other supplies from the Kumtor marshalling yard to the mine has been interrupted due to an illegal roadblock. The marshalling yard is located in the town of Balykchy in the Issyk-Kul Region of the Kyrgyz Republic and is approximately 270 kilometres from the Kumtor mine. The road block has been set up by a small group of protestors seeking greater benefits from the project. While the roadblock in the town of Balykchy is restricting the transfer of supplies to the mine site from the marshalling yard, the main road access to the Kumtor mine has not been affected.
In response to the disruption of supplies, the Company has begun to reduce operating staff and has reduced mining activities in the open pit. The Kumtor mill facility continues to operate and the Company believes that it will meet its 2011 production and cost guidance.
The Company is working with the local authorities and the Kyrgyz Government to restore road access to the facility.
About Centerra
Centerra is a gold mining company focused on operating, developing, exploring and acquiring gold properties primarily in Asia, the former Soviet Union and other emerging markets worldwide. Centerra is a leading North American-based gold producer and is the largest Western-based gold producer in Central Asia. Centerra's shares trade on the Toronto Stock Exchange (TSX) under the symbol CG. The Company is headquartered in Toronto, Canada.
Für den Inhalt des Beitrages ist allein der Autor verantwortlich bzw. die aufgeführte Quelle. Bild- oder Filmrechte liegen beim Autor/Quelle bzw. bei der vom ihm benannten Quelle. Bei Übersetzungen können Fehler nicht ausgeschlossen werden. Der vertretene Standpunkt eines Autors spiegelt generell nicht die Meinung des Webseiten-Betreibers wieder. Mittels der Veröffentlichung will dieser lediglich ein pluralistisches Meinungsbild darstellen. Direkte oder indirekte Aussagen in einem Beitrag stellen keinerlei Aufforderung zum Kauf-/Verkauf von Wertpapieren dar. Wir wehren uns gegen jede Form von Hass, Diskriminierung und Verletzung der Menschenwürde. Beachten Sie bitte auch unsere AGB/Disclaimer!
