Letter to EBRD: Request for update on Centerra Gold Revolving Debt Facility
April 6, 2012
With the letter Bankwatch requests information about the status of the Centerra Gold Revolving Debt Facility and raises issues and findings from the recent reports on the company’s performance.
Mining in protected areas, an update on Kumtor and Centerra Gold
March 28, 2012
Centerra Gold is being criticised for its activities in protected areas at the Kumtor gold mine and at another project in Mongolia. More lessons to be learnt for the European Bank for Reconstruction and Development.
Rare photos of Kumtor mine and environs
March 26, 2012
http://www.neweurasia.net/business-and-economics/rare-photos-of-kumtor-mine-and-environs/
Silence is golden for some – the strange case of the EBRD’s mining policy
March 13, 2012
It is coming up for three years since the EBRD’s 2009 Annual Evaluation Overview Report “alerted Management to develop a new Operation Policy to cover all forms of non-energy related extraction of natural resources (mining policy)”. The EBRD does not appear to have been in any great rush with the preparation of this policy, and one has to wonder how long the bank will allow for the new policy to be consulted with the interested public. More importantly, how influential will public input be in setting the policy objectives and requirements?
In Kyrgyzstan, a Mountain of Trouble
March 5, 2012
The Kyrgyz government desperately needs the money generated by gold mining. But can it live with the growing international criticism?
Out of left field: A Kyrgyz inspiration for the EBRD
February 23, 2012
Following the publication of one official and one shadow report on the Kumtor gold mine, Kyrgyz authorities have responded to the calls of Bankwatch and other environmental groups to take a tougher stance on the Kumtor mining operations. The EBRD should follow their example.
L’or contre l’eau au Kirghizstan
February 17, 2012
L’entreprise minière Kumtor Gold Mine est aujourd’hui montrée du doigt par deux études sorties consécutivement et qui l’accusent de négligences graves aux conséquences nuisibles pour le reste de la région centrasiatique. Dans un contexte géographique où l’eau constitue un enjeu majeur, le Kirghizstan bénéficie d’un avantage stratégique puisqu’il est placé en amont des autres pays. Si la gestion des ressources hydriques se fait théoriquement en concertation avec les autres partenaires de la région, ces deux rapports montrent que les relations sont conflictuelles.
Kyrgyz lawmakers endorse NGO’s environmental complaints over Kumtor Gold Mine
February 16, 2012
Bishkek – Both the Kyrgyz government and the parliament took on board this week concerns expressed by environmentalists that the Kumtor gold mine operated by Canadian Centerra Gold Corporation poses serious threats to livelihoods and the environment, including causing the melting of two glaciers in the area.
Gold Mine Strike Costing Kyrgyzstan Millions Per Week
February 15, 2012
A week-old strike at Kyrgyzstan’s largest gold mine is costing Bishkek approximately $380,000 per day, according to the Vechernii Bishkek newspaper. Judging by a brief slowdown last year, the walkout could sharply affect growth forecasts.
Earth’s riches, people’s troubles. Mining in Central Asia
January 31, 2012
Two new reports and two videos on the impacts of mining operations in Kyrgyzstan and Mongolia unearth some of the downsides of the mining business in Central Asia.
