Kumtor Gold reports $260,761 loss for June

By Sarah Lizee

Olympia, Wash., July 19 – Kumtor Gold Co. CJSC reported a $260,761 loss on zero gross income/sales for June, according to its monthly operating report filed Monday with the U.S. Bankruptcy Court for the Southern District of New York.

To compare, the company reported a $239,866 loss on zero gross income/sales for May.

The company listed $382,176 in cash at the end of June, compared to $382,905 at the end of May.

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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