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Kyrgyzstan Review, 10 years ago




[08.07.2OO2] Slide halts Cameco gold mine, worker feared dead

TORONTO, July 8 (Reuters) - Cameco Corp., the world's largest uranium supplier, stopped operations at a gold mine in Central Asia after an employee was buried in a rock slide, the company said on Monday.
 
The employee was presumed dead after a 200-metre (660-foot) high section of an open pit at the Kumtor gold mine in Kyrgyzstan slid.
 
"All mining operations have been stopped, the employee's family has been notified and a rescue team continues to search," the company said in a statement. "It is not known at this time when mine production will resume."
 
The mine, which employs approximately 1,500 workers, produced 700,000 ounces of gold in 2001.
 
Shares of Cameco closed down 30 Canadian cents, or 0.8 percent, at C$39.18 ($1=$1.52 Canadian) on Monday on the Toronto Stock Exchange.
 
Reuters, July 8, 2002

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