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Article

19 Jan 2010

Author:
Kumtor Operating Company

[DOC] Centerra Gold response re CEE Bankwatch report “Between a rock and a hard place”

…The environmental monitoring program, ongoing studies and results of the conducted audits continue to demonstrate that KOC has not adversely impacted the local environment and continues to be in compliance with national and international environmental legislation. In November 2009, an EBRD mission conducted an audit of the environment, and social issues in regards to the Kumtor mine...The mission raised no major environmental and social concerns and concluded…that KOC runs a comprehensive environmental monitoring program…that the compensation issues surrounding the 1998 cyanide spill appear to be resolved, with payments made to 4,921 families, and that KOC occupational health and safety performance is as good as or better than world averages in the mining industry…

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