Kyrgyzstan H1 gold mine output below plan-minister-China Mining

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Kyrgyzstan H1 gold mine output below plan-minister

(Reuters)
Updated: 2008-07-11 10:27
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Kyrgyzstan's largest industrial enterprise, the Kumtor gold mine developed by Canada's Centerra (CG.TO: Quote, Profile, Research, Stock Buzz), produced only 6 tonnes of gold in the first half of 2008, Economic Development Minister Akylbek Japarov told reporters.

This was well below the planned 8-9 tonnes.

The government and Centerra's main shareholder, Canada's Cameco (CCO.TO: Quote, Profile, Research, Stock Buzz), are struggling to agree on a new income distribution scheme and Kyrgyz courts are reviving several lawsuits against the gold miner.

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