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

Kumtor Operating Company

18.11.2016

Operating Results of the 3rd Quarter of 2016

Centerra Gold Inc. (Centerra) and Kumtor Gold Company (KGC) have summed up their operating results in the third quarter of 2016. In the nine months of 2016, the Kumtor mine produced 350,198 ounces* or 10,892.38 kg of gold. The Company has contributed more than 5 billion soms in taxes and mandatory payments.

donation711

14.11.2016

Kumtor’s Mine Engineering Department Assists Boarding School No.71 and Senior Nursing Home of Bishkek

Employees of Kumtor’s Mine Engineering Department provided material assistance to the boarding school No.71 of Bishkek.

savers_competition1

18.10.2016

Kumtor Mine Rescue Team Took Part in the Republican Mine-Rescue Competition

The 16th Annual Mine-Rescue Competition was held at the training ground of the Ministry of Emergency Situations of the Kyrgyz Republic on October 15, 2016.

golf_company

14.10.2016

14th Kumtor Annual Charitable Golf Tournament Held Last Weekend

On October 8, 2016, employees of Kumtor Gold Company and partner companies took part in the 14th annual charitable golf tournament held at the Maple Leaf Club.

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.