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

sokuluk2

26.09.2016

Kumtor Employees Provided Aid to Rehabilitation Center for Children with Disabilities at Sokuluk

A group of Kumtor employees visited the Rehabilitation Center for Children with disabilities at Sokuluk on September 23, 2016.

Abdurakhim_Mambetaliev

21.09.2016

Kumtor Employee Abdurakhim Mambetaliev Saved Nine Lives

Abdurakhim Mambetaliev, a Kumtor Gold Company employee, took part in the rescue of nine people, five adults and four children, trapped amid a tumultuous river.

miners_tournament4

21.09.2016

Kumtor’s Team Wins Kyrgyzstan’s Tournament of Miners and Metallurgists

The team of Kumtor Gold Company has won 10 medals thus becoming the winner of the Third Tournament held by the Kyrgyz Republic Union of Miners and Metallurgists, an event that took place in the resort Kyrgyzskoye Vzmorye, Bosteri, Issyk-Kul province on September 15-18, 2016.

AESR_cover2015_ru

16.09.2016

Kumtor Gold Company releases the Annual Environment and Sustainability Report

Kumtor Gold Company has released the Environment and Sustainability Report for 2015.

ghana

09.09.2016

Kumtor Employee Received Unique Tire Maintenance Training at Ghana Mine

Mirbek Kurmanbayev, an employee of Kumtor Gold Company, has returned to work after receiving six-month training in Kal Tire, one of the world’s largest tire dealers providing tire maintenance to mining equipment.

adamzatka_jardam1

06.09.2016

Employees of Balykchi Marshalling Yard rendered aid to the Crisis Center “Adamzatka Jardam” in Balykchi town

Kumtor Ambassadors, employees of the Balykchi Marshalling Yard, Kumtor Gold Company, organized collecting of money, toys and clothing for local Crisis Center “Adamzatka Jardam”.