Page 14 - ஒன்றுபட்டது நாடுகள் தரகு ஆன் சர்வதேச வர்த்தகம் சட்டம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Centerra Gold to launch arbitration against Kyrgyzstan over Kumtor mine Kumtor mine. Centerra Gold (TSX: CG) has initiated binding arbitration against the government of the Kyrgyz Republic in a legal skirmish over the company’s Kumtor mine. In early May, lawmakers in Kyrgyzstan passed a bill allowing the state to seize Kumtor for up to three months. The decision was made based on the argument that the mine the largest gold operation in the Central Asian nation may pose danger to locals and the environment. A few days later, on May 9, a district court imposed a US$3.1 billion fine on Kumtor Gold Company, Centerra’s local unit in charge of running its namesake operation, which was found to have breached environmental laws by placing waste rock on glaciers, according to private civil environmental claims.

Kyrgyz republicScott perryPermanent courtTax serviceKumtor gold companyUnited nations commission on international trade lawKyrgyz republic state commissionCenterra goldCentral asianKumtor goldProject agreementsKumtor mineInvestment agreementEnvironmental protectionInvestment promotionUnited nations commission