A new director of Altynken, where the workers previously went on strike, was appointed. Kyrgyzaltyn JSC informed 24.kg news agency.
According to it, Li Feng was appointed the new CEO of the company, which develops Taldy-Bulak Levoberezhniy gold deposit. He took office on March 3, 2016. Li Feng started his career at Haygou gold mining company of China Gold Corporation. Since 2007 till 2008 he was CEO at Heilongjiang investment company under Zijin Corporation, Chairman of the Board of Lantarskaya Company in Russia. Prior to his appointment to the post of Director General of Altynken, from 2014 till 2016 he worked as Director General of Xinjiang zinc Ore Company under Zijin Corporation.
Workers of the mine stopped production in the morning of February 19 to protest against the reduction of wages. They demanded to dismiss the director of Altynken. Two days of talks resulted in resuming of work at the mine. Requirements of the workers were partially met.
Production at Taldy-Bulak Levoberezhniy gold deposit was launched less than a year ago - in July 2015. Altynken LLC - a joint Kyrgyz-Chinese venture: 60 percent is owned by Zijin Mining Corporation, and 40 percent - by Kyrgyzaltyn- holds license for its development.