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

Sorry, this entry is only available in Кыргызча and Русский.

cash_dictr

20.12.2013

(Русский) Распределение дохода

Sorry, this entry is only available in Кыргызча and Русский.

economica

20.12.2013

(Русский) Экономика

Sorry, this entry is only available in Кыргызча and Русский.

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

football

26.11.2014

Support to young sportsmen of the Issyk-Kul

On 24th of November 2014, opening ceremony of newly built footsal field took place in Tort Kul village of Ton district. Kumtor Company financed the construction of the football field.

excavator

26.11.2014

Kumtor Company restores the infrastructure of Issyk-Kul region villages

Deep ground pump was assembled in the village, named after Eshperov, to provide villagers with drinking water. New equipment and pipes were delivered and assembled with the support of Kumtor Gold Company.

museum

26.11.2014

The sponsorship support for the school and kindergarten in Balykchi

Museum, dedicated to the life and creative work of Sayakbai Karalaev, greatest narrator of Kyrgyz epos Manas was established in Balykchi town of the Issyk-Kul region. The opening ceremony timed the celebration of 120 years anniversary of the great narrator. Kumtor Gold Company provided financial support to acquire and set up necessary exhibition equipment.

Kumtor

18.11.2014

Operating Results of the 3rd Quarter of 2014

Centerra Gold Inc. (Centerra) and Kumtor Gold Company have summed up their operating results in the 3rd quarter of 2014. In the nine months of 2014, KGC produced 276,058 ounces¹ or 8,586.4 kg of gold and contributed more than 4 billion soms in taxes and mandatory payments.

greenhouse_nov

10.11.2014

Innovative greenhouses opened at the Meerim Bulagy orphanage and Bayel kindergarten

The greenhouses were officially opened on November 4, 2014, at the Meerim Bulagy orphanage and Bayel kindergarten located in the villages of Ak-Bulun and Ak-Bulak respectively. This has become possible due to the financial support of Kumtor Company under the Karagat Plus Project which is being implemented by the AVEP Public Fund.

5-Канал

23.10.2014

Kumtor’s contribution

В комитете по бюджету и финансам Парламента рассматривают главный финансовый документ на 2015-й, 2016-й и 2017-й годы. В документе особо отмечается удельный вес добывающей компании «Кумтор» в экономике страны. Ожидается, что налоговые поступления вырастут с нынешних трех-четырех миллиардов до пяти и более. Уже сейчас, по итогам текущего года, золоторудная компания дала около трети всей промышленной продукции. От всех других месторождений в Кыргызстане вместе взятых бюджет пополнится только на один миллиард сомов.