View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. News
December 2, 2019updated 02 Nov 2021 5:14am

Centerra Gold suspends Kumtor open-pit mine operations

Canadian mining and exploration firm Centerra Gold has suspended open-pit mining operations at the Kumtor mine in Kyrgyzstan after it experienced a significant rock movement.

Canadian mining and exploration firm Centerra Gold has suspended open-pit mining operations at the Kumtor mine in Kyrgyzstan after it experienced a significant rock movement.

Free Report
img

Dig deeper with our mining equipment forecasts

As ore mines ramp up and come on stream, the total number of active surface machines (including trucks, excavators, shovels, loaders, graders and dozers) is forecast to rise from 141,470 in 2020 to 167,367 by 2025. This will be a CAGR of 3.4% from 2020 to 2025. The largest contributor to this growth is expected to be trucks, particularly smaller-sized trucks with shorter lifespans, used extensively in parts of Asia Pacific. Underground mining equipment is similarly expected to see a CAGR of 2.3% in this same time frame, with the number of mining trucks and loaders/LHDs in active underground mines expected to rise to 19,853 by 2025. GlobalData’s extensive mine-site research and equipment models have been used to build a complete view of mobile mining equipment populations globally for trucks, loaders, graders, dozers, excavators and shovels. This report includes informative breakdowns by each major region and key mining country, and also by major commodity. Read GlobalData’s Global Surface and Underground Mining Equipment: Populations & Forecast to 2025 for a complete view of the market, allowing you to best position yourself for the future.
by GlobalData
Enter your details here to receive your free Report.

The shut-down of operations comes after two employees working at the mine were reported missing following rock movement at the Lysii Waste Rock Dump.

Centerra Gold is in the process of carrying out an emergency evacuation after the movement at the waste rock dump.

Initially, the company aims to locate the missing employees through a search and rescue operation which is ongoing in cooperation with the Kyrgyz Republic Ministry of Emergencies.

All the respective government authorities and the missing employees’ families were informed about the incident.

The Kumtor mine is located approximately 350km southeast of the capital Bishkek and around 60km north of the border with the Peoples Republic of China.

Centerra Gold president and CEO Scott Perry said: “Our primary focus right now remains on the safe return of our two missing employees and the safety of our search and rescue teams who are working in very challenging circumstances.

“While the search continues, we are coordinating closely with the family members of the missing employees and our thoughts and support are with the families, the search and rescue teams, as well as with the entire Kumtor team.”

The company noted that it will not be in a position to make any further comments on the restart of the mine until the completion of the rescue efforts.

Kumtor operations will be halted until the completion of the revised mine plan re-evaluation. Last year, the mine produced 534,563oz of gold.

Centerra Gold said that the mill would continue ore-processing of the stockpiles.

Related Companies

Free Report
img

Dig deeper with our mining equipment forecasts

As ore mines ramp up and come on stream, the total number of active surface machines (including trucks, excavators, shovels, loaders, graders and dozers) is forecast to rise from 141,470 in 2020 to 167,367 by 2025. This will be a CAGR of 3.4% from 2020 to 2025. The largest contributor to this growth is expected to be trucks, particularly smaller-sized trucks with shorter lifespans, used extensively in parts of Asia Pacific. Underground mining equipment is similarly expected to see a CAGR of 2.3% in this same time frame, with the number of mining trucks and loaders/LHDs in active underground mines expected to rise to 19,853 by 2025. GlobalData’s extensive mine-site research and equipment models have been used to build a complete view of mobile mining equipment populations globally for trucks, loaders, graders, dozers, excavators and shovels. This report includes informative breakdowns by each major region and key mining country, and also by major commodity. Read GlobalData’s Global Surface and Underground Mining Equipment: Populations & Forecast to 2025 for a complete view of the market, allowing you to best position yourself for the future.
by GlobalData
Enter your details here to receive your free Report.

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Friday. The mining industry's most comprehensive news and information delivered every month. The mining industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Mining Technology