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I don’t invest in the “stans.”

Posted by ipso facto @ 9:57 on October 8, 2020  

Centerra Gold Kyrgyzstan office hit by protests

The Central Asian nation of Kyrgyzstan, home to major gold and copper mines, fell deeper into chaos as rival opposition factions made grabs for power on Wednesday, a day after they stormed government buildings, forcing the prime minister to quit and a parliamentary election to be declared invalid.

A large crowd gathered in the capital Bishkek, demanding the impeachment of the country’s President, Sooronbai Jeenbekov, who hinted earlier that he was ready to stand down.

Some of the protesters broke into Canadian-owned Kumtor Gold Company office, Russian news agencies Tass and Sputnik reported. The space was empty, as all employees have been working remotely since the beginning of the coronavirus pandemic, local news site 24.kg said.

The news comes only a day after Canada’s Centerra Gold (TSX: CG), the owner of the massive Kumtor gold mine, tried reassuring investors by saying operations continued as usual.

more https://www.mining.com/centerra-golds-offices-in-kyrgyzstan-victim-of-political-turmoil/

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.