Canada’s Centerra Gold (TSX: CG) said on Tuesday there are at least 40 meters of water at the bottom of its seized Kumtor gold mine in Kyrgyzstan and “abnormally” large amounts running down the pit walls, which it said could lead to catastrophic events.
The Toronto-based miner said that in the three months the former soviet nation has been running the mine, the pit has flooded with more water than they ever saw collect in the over 25 years of the operation under its control.
While the government-controlled Kumtor Gold Company (KGC) said the mine is stable and running at full speed, Centerra said it has photographic evidence suggesting the contrary. They include a video posted on August 15 on KGC’s Facebook page.
Centerra says 40 metres of water at Kumtor pit a threat to workers, environment