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Article

31 May 2013

Author:
BBC

Kyrgyz police move in on Centerra gold mine protesters

There have been angry clashes in Kyrgyzstan after hundreds of police moved in to disperse a protest over a valuable Canadian-owned gold mine. About 1,000 people have been camped out for days calling for a bigger share of the profits from the Kumtor mine, owned by Canada's Centerra Gold group…The mining group says it has paid $1bn (£660m) in taxes since it was formed and spends millions on social projects…In a statement, the government also promised to work towards a bigger share of revenue for the country. "We have a contract in place which clearly states the economic conditions set out regarding the mine, as to the taxes that we pay," John Pearson, Vice President of Investor Relations at Centerra Gold told the BBC. "Are there other areas where we can work with the Kyrgyz government? I'm sure there are, and we will come to an acceptable solution," Mr Pearson added.