Melting glaciers add to woes at Kumtor
Bankwatch in the media | October 28, 2014
Kumtor mine is the largest open pit gold deposit in Central Asia, whose majority shareholder since 2004 has been Centerra Gold, a Canadian mining company. The mine sits at an altitude of 4,000 meters above sea level, in the Tien Shan mountain range and among some of Kyrgyzstan’s – and the region’s – most important glaciers. These feed into the Naryn (Kyrgyzstan) and Syrdarya (Uzbekistan) rivers. Kumtor’s main gold-bearing ore lies under glaciers adjacent to Kyrgyzstan’s Sarychat-Ertash state reserve.