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Kumtor Gold reports $461,181 loss for December period
By Sarah Lizee
Olympia, Wash., Jan. 14 – Kumtor Gold Co. CJSC reported a $461,181 loss on zero gross income/sales for the December period, according to its monthly operating report filed Friday with the U.S. Bankruptcy Court for the Southern District of New York.
The company listed $17.1 million in cash at the end of the month.
Bishkek, Kyrgyzstan-based Kumtor Gold is owned by Toronto-based Centerra Gold, a mining and exploration company. The Chapter 11 case number of Kumtor Gold is 21-11051. It filed bankruptcy on May 31, 2021.
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