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

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

Kumtor

05.03.2014

Response to Ar-Namys Party

In regards to the recent press statement of the Ar-Namys faction in KR Jogorku Kenesh, the Company states the following regarding the restructuring of Kumtor Gold Company (KGC).

saruu_sport_hall_1

03.03.2014

Gym Renovated with Kumtor Support Opened at Saruu School

The official opening of a renovated gym took place at the Sadyk Sadykov higher school in the village of Saruu, Jety-Oguz district Issyk-Kul province, on February 28, 2014. The kids’ joy was shared also by hundreds of village residents, local officials and representatives of Kumtor Company.

Kumtor

25.02.2014

Kumtor Company’s update on State social security payments to the Social Fund of the Kyrgyz Republic

While addressing the Kyrgyz Parliament on February 20, 2014, Mr. Muhammedkaly Abulgaziyev, the Head of the KR Social Fund, stated that the Fund insists that Kumtor expat employees are required to make social security payments.

Kumtor

20.02.2014

Response to Media Reports and Statements by the Leader of the Ar-Namys Party

The Company wishes to respond to certain public comments made by the leader of the Ar-Namys faction and statements in the media

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