Outlook for 2016

● Gold production in 2016 is expected to be 480,000 to 530,000 ounces, or 14.9 and 16.5 tonnes.

● 2016 total capital expenditures, excluding capitalized stripping, are forecast to be $110 million.

● Growth capital investment for 2016 is forecast at $26 million.

● Capitalized stripping costs are expected to be approximately $122 million.

”I am pleased to report that we achieved our production guidance for the full year 2015. We beat our gold production guidance for 2015 due to relatively even quarterly gold production as compared to prior years when the majority of the ounces were produced in the fourth quarter.

Gold production for the full year 2016 at the Kumtor mine is forecast to be 480,000 to 530,000 ounces or 14.9-16.5 tonnes. In 2016, the company expects an increase in gold production in the latter half of the year after we have accessed the high-grade SB Zone in the third quarter of 2016″.


Video about Kumtor:

5channel

16.08.2015

The Truth about Barskaun

Interview with N. A. Meshkov, Honoured doctor of the Russian Federation, doctor of Medical Science, Professor (May 2010, Moscow )

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

The Road

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

2m

06.05.2012

The Medical

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

3m

05.05.2012

The Camp

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

5m

03.05.2012

Geologists, Drilling, Laboratory

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


COMPANY NEWS

Centerra Gold Inc.

27.05.2016

Centerra Gold Provides Update on Kyrgyz Republic Environmental Claims

Toronto, Canada, May 25, 2016:  Centerra Gold Inc. (TSX: CG) (“Centerra” or the “Company”) reports that the Bishkek Inter-District Court in the Kyrgyz Republic today ruled against Kumtor Operating Company (“KOC”), Centerra’s wholly-owned subsidiary, on an environmental claim brought by the State Inspectorate Office for Environmental and Technical Safety of the Kyrgyz Republic (“SIETS”) and awarded damages of 6,698,878,290 Kyrgyz soms (approximately U.S.$98.4 million).

logokum

27.05.2016

Official Commentary of Kumtor Gold Company CJSC on claims made by the State Agency for Environmental Protection and Forestry under the Government of the Kyrgyz republic

In response to the news release issued by the State Agency for Environmental Protection and Forestry (SAEPF) on May 2, 2016, and published by some media organizations to the effect that relevant permits may not be provided, Kumtor Gold Company JSC deems it necessary to give explanations on a number of claims indicated in the Agency’s news release.

logokum

19.05.2016

Operating Results of the 1st Quarter of 2016

Centerra Gold Inc. (Centerra) and Kumtor Gold Company (KGC) have summed up their operating results in the first quarter of 2016. In the first three months of 2016, KGC produced 86,444 ounces* or 2688.7 kg of gold and contributed more than 1.6 billion soms in taxes and mandatory payments.

Centerra Gold Inc.

18.05.2016

Kumtor Gold Company announces that Centerra Independent Shareholders Overwhelmingly Support the Election of all Incumbent Directors

Kumtor Gold Company wishes to report that at Centerra Gold’s annual meeting of shareholders held May 17, 2016 in Toronto, Canada, Centerra’s independent shareholders (non-Kyrgyzaltyn) overwhelmingly supported and voted in favour of electing all incumbent directors to the board of Centerra.

Deadline has expired

16.05.2016

Summer student employment program

DEADLINE HAS EXPIRED

vday

12.05.2016

Kumtor Employees Congratulated Veterans on the Victory Day

On May 6, 2016, members of the Public Association “Veterans and Disabled Soldiers of the Kyrgyz Republic” gathered in one of the Bishkek restaurants to celebrate the Victory Day. The festive event was sponsored by the Social Fund of the Kyrgyz Republic and Kumtor Gold Company.