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

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

kumtor_kg

20.12.2013

(Русский) Кумтор и Кыргызстан

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

cost

20.12.2013

(Русский) Затраты

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

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

wrestling

08.10.2014

Kumtor Company Sponsors New Facilities and Fifth National Tournament at Saruu

During the recent Kurmanait celebrations, new infrastructure facilities were officially inaugurated in the village of Saruu, Issyk-Kul province, on October 4, 2014. Also, the village was the venue of the National Tournament.

road

07.10.2014

Kumtor Gold Company invested more than $1.9 million USD in the reconstruction of sections of Balykchi-Bokonbayevo-Karakol motor road

Renovation of the national road running along the southern coast of Issyk-Kul Lake was begun late in 2013 with reconstruction of the road between the villages of Bokonbayevo and Ton.

concert1

01.10.2014

Kyzgaldak Children’s Dance Group Performed at Tamga

A presentation concert of the Kyzgaldak children’s dance group took place last weekend at the Tamga House of Culture, Jety-Oguz district. Group members were dressed in costumes purchased with the support of Kumtor Gold Company. The gold miner contributed a total of 215,000 soms for the production of 30 new associated actors costumes.

Kumtor

30.09.2014

Update on Sary Moinok 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.