Outlook for 2014

● Gold production in 2014 is expected to be approximately 550,000 to 600,000 ounces or 17.1 to 18.7 tonnes.
● Approximately 50% of gold production is expected to occur in the fourth quarter.
● The projected capital expenditures, excluding capitalized stripping, are estimated to be $85 million.
● Capitalized stripping costs in the Central Pit are expected to be approximately $191 million.




Michael Fischer, President of KOC and KGC, stated, “We are delighted to state that despite all the problems, the 2013 gold production guidance was achieved. In 2014, the planned mining sequence at Kumtor will be very much the same as it was in 2013 with approximately 50% of Kumtor’s gold production occurring in the fourth quarter. Nevertheless, we should maintain the current high pace of work, and I am certain that we’ll achieve successfully the planned gold production guidance of 550,000 to 600,000 ounces.”


Video about Kumtor:

air

21.06.2013

The Four Elements: Air

http://kumtor.kg/wp-content/uploads/2013/05/Vozduh_EN.flv

water

21.06.2013

The Four Elements: Water

http://kumtor.kg/wp-content/uploads/2013/05/Voda_EN.flv

fire

21.06.2013

The four elements: Fire

http://kumtor.kg/wp-content/uploads/2013/05/Ogon_EN.flv

Earth

19.06.2013

The four elements: Earth

http://kumtor.kg/wp-content/uploads/2013/05/Zemlya_EN.flv

1m

07.05.2012

Part one – The Road

http://kumtor.kg/wp-content/uploads/video/en/01.flv

2m

06.05.2012

Part two – The Medical

http://kumtor.kg/wp-content/uploads/video/En/02.flv

3m

05.05.2012

Part three – The Camp

http://kumtor.kg/wp-content/uploads/video/En/03.flv

5m

03.05.2012

Part Five – Geologists, Drilling, Laboratory

http://kumtor.kg/wp-content/uploads/video/En/05.flv

6m

02.05.2012

Part Six – Open Pit. Blasting

http://kumtor.kg/wp-content/uploads/video/En/06.flv

7m

01.05.2012

Part Seven – Motor Vehicles

http://kumtor.kg/wp-content/uploads/video/En/07.flv


COMPANY NEWS

land rehabilitation

17.04.2014

Kyrgyz Agro-Input Enterprise Development Project with Support of Kumtor Company Will Rehabilitate 1 500 Hectares of Land in Issyk-Kul Oblast

Kumtor Company and Kyrgyz Agro-Input Enterprise Development (KAED) Project, implemented by International Fertilizer Development Center (IFDC), launched a joint project on rehabilitation of two sites with a total acreage of 1,500 hectares

bear_zoo

16.04.2014

Kumtor Assists Karakol Zoo

Kumtor Company has contributed US $75,000 to the Karakol Zoo in sponsorships for 2014. The money is supposed to be used to build the fence, and the Zoo’s administration has started buying building materials.

karagat

15.04.2014

Issyk-Kul Farmers Trained in Glass Culture Growing Methods

Issyk-Kul farmers have received training in the basics of glass culture growing techniques under the Karagat + project currently implemented by AVEP with the support of Kumtor company.

youth_bank_social_projects

14.04.2014

Youth Banks Continue to Implement Successful Social Projects in Issyk-Kul Region

Social projects continue in the Issyk-Kul region under the Issyk-Kul Youth Banks Program currently implemented by Eurasia Foundation of Central Asia (EFCA) with the support of Kumtor Company

Kumtor Operating Company

01.04.2014

Response to Report of General Prosecutor’s Claim Regarding Dividend Payment

Kumtor Gold Company (“KGC”) wishes to respond to recent media reports regarding the opening of a criminal investigation by the General Prosecutor’s Office in relation to the payment of a dividend by KGC.

Kumtor

14.03.2014

Kumtor’s Basic Operating Results in 2013

Basic Operating and Financial Results

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