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

DSC_0179

21.07.2014

A Greenhouse was opened in Ak-Suu orphanage house within Karagat+ project

A Greenhouse opening ceremony took place in Ak-Suu orphanage house in Teploklyuchenka village last Friday. Launching of a greenhouse was made possible thanks to Karagat+ Project implemented by Avep Public Foundation with the financial support from Kumtor Gold Company.

DSC_0048

11.07.2014

Kyrgyz Agro-Input Enterprise Development Completes Rehabilitation Program for 1,500 Hectares of Land in Jety-Oguz District Issyk-Kul Province With Support of Kumtor

The rehabilitated sites were officially commissioned on July 11, 2014, in the village of Svetlaya Polyana Jety-Oguz district Issyk-Kul province near the daily runoff pond.

pen_logo

10.07.2014

Kumtor Gold Company Supports the World Congress of Writers in Kyrgyzstan

The first event of series of actions to mark the 80th World Congress of Writers, held in Bishkek in September- October 2014, will take place today at 4 pm.

nalogovaya

06.07.2014

KUMTOR PASSED A TAX AUDIT

The regular field tax audit of the CJSC Kumtor Gold Company for 2012-2013 by the State Tax Service of the Kyrgyz Republic for the control of large taxpayers was completed on June 18, 2014.

Kumtor Operating Company

13.06.2014

Kumtor Gold Company Announces Receipt of Kumtor Mine Plan Approvals

Kumtor Gold Company (KGC) is pleased to announce that it has received the necessary approval of its 2014 Kumtor mine plan from the relevant Kyrgyz Republic agencies. KGC therefore confirms that Kumtor mine will continue to operate uninterrupted.

SAMSUNG CAMERA PICTURES

06.06.2014

Kumtor Cup Futsal Championship at Balykchi

Children from ten Balykchi schools competed for the first time for the Kumtor Cup last Sunday. The event was timed to coincide with International Children’s Day and opening of a futsal field sponsored by Kumtor.

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