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Asian News

Protests Halt Work at Mongolian Gold Mine

Thursday, June 15, 2006 10:09:14 AM
By GANBAT NAMJIL

ULAN BATOR, Mongolia (AP) - Canadian mining company Centerra Gold Inc. said Thursday it has temporarily halted work at its Boroo gold mine in Mongolia amid protests over the government's dealings with the company.

"We shut down all our production work because of threats from protesters," Paul A. Korpi, president of Centerra subsidiary Boroo Gold Co., told reporters in the Mongolian capital, Ulan Bator on Thursday.

About 800 people demonstrated Wednesday in downtown Ulan Bator over Mongolia's mining policies, which offer generous incentives to foreign mining companies such as Centerra. Critics accuse the government of giving away too much of the country's abundant mineral wealth.


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