🏆New Chapter 11 Bankruptcy Filing – Kumtor Gold Company CJSC🏆
On May 31, 2021, Kyrgyzstan-based Kumtor Gold Company CJSC and one affiliate (together, the “debtors”) filed chapter 11 in the Southern District of New York. For those who could use a geography refresher:
Kumtor is a gold mining operation in Kyrgyzstan that’s wholly owned by Toronto-based Centerra Gold Inc. ($CGAU). To say that it’s an …