Author: rh

Embattled Australian mining company strikes gold in Kyrgyzstan

With the Kumtor issue still in limbo, other miners are keen on positioning themselves in Kyrgyzstan in order to provide a counterweight to Centerra’s dominant place within the country’s economy. An encouraging sign that there is life after Kumtor came last week with the discovery of a new gold field by an Australian miner, formerly known as Robust but now operating under the name Tengri Resources. At the background, however, the enterprise is subject to embittered boardroom infighting as a raid on assets by a “black knight” named Stanhill, based in Hing Kong, has made increasing takeover offers. It...

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Centerra Gold plunges into losses in the second quarter of 2014

With summer at its dog-day stage, the time nears for a final new deal between Canada’s Centerra and the Kyrgyz authorities over the Kumtor gold mine – originally due for June but postponed until the weather gets a bit cooler. Located 4 000 m above sea level, Kumtor is the largest gold mine in Central Asia operated by a Western company. It is the industrial backbone of the Kyrgyz economy, alone contributing 12% of gross domestic product. It has been in production since 1997 and has produced more than 9.5-million ounces of gold to the end of June. But...

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How to email your CV

Since we are currently recruiting for our magazine and other projects, we get a lot of online applications. Here are a few easy hints how you make a better online impression and improve your chances of getting an interview invitation when applying for a job with us or any other international company or NGO. People in charge of hiring typically get tons of email a days. They also use spam filters in order to be able to handle their email load. Your email is easily lost, missed or just ignored, because it did not look professional. Following a few...

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Kazakh copper giant, also operating in Kyrgyzstan, splits up assets

Kazakhstan’s (and one of the world’s) leading copper miner Kazakhmys is splitting up into two related but independent corporate entities. Apart from major operations in Kazakhstan, the company through its subsidiary Kazakhmys Gold Kyrgyzstan is in charge of its property the Bozymchak copper-gold deposit in the Jalal-Abad region, in southern Kyrgyzstan. The asset was acquired back in 2008, with the commitment to invest up to $22 million for the project’s detailed exploration. “A feasibility study should complete by the end of 2008 and will continue to be managed by consulting engineers WorleyParsons. Extraction of ore should commence in 2009...

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Long prison terms for April 2010 culprits – most of them on the run

There is little chance that any of the culprits, found guilty last week of the massacres committed in April 2010 in a vain attempt to save the regime of Kurmanbek Bakiyev, will ever get behind bars. Kyrgyzstan finds itself in a position of almost total isolation where it comes to get any of those responsible extradited. In the wake of the latest verdict, no sign from the government has reached the public domain regarding next steps that could be taken, e.g. seizing international courts of law concerning the affair.   “A court in Kyrgyzstan on Friday handed down a...

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