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

24.06.2016

Centerra Reports Kumtor Mine Receives 2016 Emissions and Discharge Permits

Toronto, Canada, June 23, 2016: Centerra Gold Inc. (TSX: CG) reports that its Kumtor operation, located in the Kyrgyz Republic, has received its 2016 maximum allowable emissions (“MAE”) permit from the Kyrgyz Republic State Agency for Environmental Protection and Forestry (“SAEPF”).

medical_charity

24.06.2016

The staff of Kumtor Gold Company medical department presented appliances to the first children’s hospice in Kyrgyzstan

On June 22, 2016 employees of medical office of Kumtor Gold Company presented kitchen stove, blender and meat mincer to the First Children Hospice in Kyrgyzstan.

Centerra Gold

18.06.2016

Centerra Gold Inc. Statement Regarding Integrity of Kumtor Project Agreements

Centerra Gold Inc. (Centerra) understands from recent media reports that the Kyrgyz Republic General Prosecutor’s Office intends to review the agreements governing the Kumtor project.

bee_farm

17.06.2016

Bee farm is opened at Ak-Dobo village with Kumtor’s support

Opening ceremony of the Altyn Aary bee farm took place on June 10 in Ak-Dobo village, Jety-Oguz district. The farm was established within the Global Environment Fund/UNDP project, in partnership with the State Agency for Environment Protection and Forestry (SAEPF) and Kumtor Gold Company.

logokum

16.06.2016

Official Commentary of CJSC Kumtor Gold Company on June 15, 2016

On June 13, 2016 a number of Mass Media outlets published the information that “the State Inspectorate for Technical and Environment Safety is planning to prosecute the President of Kumtor Gold Company for non-compliance with court decisions”.

logokum

14.06.2016

Kumtor Gold Company States that Dispute with Kyrgyz Republic Environmental Agencies is about Improper Kyrgyz Republic Demands additional Taxes and Payments for Environmental Impact

Kumtor Gold Company (KGC) stated today that the claims by Kyrgyz Republic environmental agencies are, in substance, an attempt by the Kyrgyz Republic to impose additional taxes and payments on the Kumtor project.