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:

eco

20.12.2013

(Русский) Экология

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cash_dictr

20.12.2013

(Русский) Распределение дохода

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economica

20.12.2013

(Русский) Экономика

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rabmesta

20.12.2013

(Русский) Рабочие места

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kumtor_kg

20.12.2013

(Русский) Кумтор и Кыргызстан

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cost

20.12.2013

(Русский) Затраты

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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


COMPANY NEWS

Kumtor

30.09.2014

Update on Sary Monok Pass – Fatal Incident

As an update on the earlier reports on the results of rescue operation at the avalanche site on the Sary-Moinok pass the following as occurred: At approximately 14:15 the rescue teams assisted by the helicopter have recovered the injured alpinist from the Sary Moinok Area but the second alpinist could not be revived.

Kumtor

30.09.2014

About emergency situation at Sary-Moinok

On September 29th at 17:00, a group of six people, consisting of four alpinist-contractors, a communication contractor, and a staff member of KGC company, commenced the descent from the Sary Moinok Microwave Station after regular seasonal maintenance.

tradeunioncompetitions

29.09.2014

Kumtor Gold Company Employees Took Part in Spartacus Games of Miners and Metallurgists Union

The first Spartacus Games of the Kyrgyz Miners and Metallurgists Union took place from 25 through 28 September, 2014, at Bosteri, Issyk-Kul province. The event was devoted to the 30th anniversary of the Union and 20th anniversary of the International Eurasian Federation of Metallurgists Unions.

Kumtor

11.09.2014

Kumtor Company To Sponsor International Children’s Heart Foundation (ICHF) Mission in Kyrgyzstan

A group of U.S. children’s cardiac surgeons, members of the International Children’s Heart Foundation (ICHF), is expected to arrive in Kyrgyzstan in November 2014 to perform free operations on children.

Centerra Gold Inc.

03.09.2014

Centerra Responds to Statements in the Kyrgyz Republic on the Payment of a Dividend by Kumtor Gold Company to Centerra Gold

Recent statements by some government officials in the Kyrgyz Republic about the payment of a dividend by Kumtor Gold Company (KGC) to its parent company, Centerra Gold Inc. (Centerra), are incorrect and may create a misleading impression that the dividend was improper. In fact, the dividend was entirely in keeping with Kyrgyz law and normal commercial practice and was in no way a loss for the Kyrgyz Republic.

IMG_5698

26.08.2014

Kumtor Company Finances Environmental Education Project for Young People of Kyrgyzstan, “Jashyl Oi”

The National Environmental Program “Jashyl Oi” has been, for two consecutive years now, implemented by the Youth Initiative Development Fund with the financial support of Kumtor Gold Company. The purpose of the project is to create training centers for the young people of Kyrgyzstan to promote best practices in the field of environmental protection, safety and stability.