Outlook for 2018

● Gold production in 2018 is expected to be 450,000 to 500,000 ounces, or 14 and 15.55 tonnes.

● 2018 total capital expenditures, excluding capitalized stripping, are forecast to be $63 million.

● Growth capital investment for 2018 is forecast at $14 million.

● Capitalized stripping costs are expected to be approximately $122 to $168 million.

KGC continues to contribute significantly to the economy of the Kyrgyz Republic as the largest taxpayer and the largest employer in Kyrgyzstan’s private sector.
Kumtor successfully implemented various continuous improvement initiatives throughout the year resulting in higher throughput in the mill and lower unit costs. It is important for KGC that we continue to meet our production targets in a way that is safe, and environmentally and socially responsible.
We strive to have ZERO HARM at our operations and at home and by working together using STOP conversations and taking on responsibility for safe work activity together we can achieve this most important goal.
Our long-term vision is to build a team-based culture of excellence that responsibly delivers sustainable value and growth.


Video about Kumtor:


COMPANY NEWS

16.11.2018

OPERATING RESULTS OF THE THIRD QUARTER OF 2018

TV report on Operating Results of the Third Quarter 2018

Кумтор Оперейтинг Компани

14.11.2018

Operating Results of the Third Quarter of 2018

Centerra Gold Inc. (Centerra) and Kumtor Gold Company (KGC) have summed up their operating results in the third quarter of 2018.

05.11.2018

preliminary exploration results

TV report about preliminary exploration results at the Kumtor mine site

02.11.2018

Kumtor Gold Company Helps Public Association of Parents of Children With Autism ‘Hand in Hand’

The charity football tournament entitled ‘Open Your Eyes to Autism’, organized by the Secretariat of the Business Development and Investments Council under the KR Government and the American Chamber of Commerce in the Kyrgyz Republic, took place on October 27, 2018.

01.11.2018

First in Kyrgyzstan waste oil processing plant

News report about the launch of the first in Kyrgyzstan waste oil processing plant

09.10.2018

Isyk-Kul Oblast Development Projects

TV stories about development projects in Issyk-Kul oblast

03.10.2018

Interesting facts about Kumtor

Video story from the April TV channel In Kyrgyz language: In Russian language:

03.10.2018

Kumtor’s rescue team found the best

TV report about Rescue Contest 2018