Outlook for 2018

● Gold production in 2018 is expected to be 450,000 to 500,000 ounces, or 14.15 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

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

25.09.2018

Kumtor Rescuers Take Part in 18th All-Around Competition of Mine Rescue Teams

On September 22, 2018, Kumtor’s rescuers took part in the 18th annual all-around competition of mine-rescue teams.

20.09.2018

Futsal Field Inaugurated in Jety-Oguz Villages

Futsal fields, built with the financial support of Kumtor Gold Company (KGC), were officially inaugurated in the villages of Saruu and Tosor, Jety-Oguz district, on September 15-16, 2018.

17.09.2018

geological prospecting work

The Board of Directors of Centerra Gold approved a two-year drill program to test potential extensions of gold mineralization along the Kumtor trend.

04.09.2018

Kumtor is In Touch, September 2018 Issue

We are offering you latest issue of the corporate newsletter, In touch

Centerra Gold Inc.

24.08.2018

Centerra Gold Provides Update on Strategic Agreement with the Kyrgyz Republic

TORONTO, CANADA – August 22, 2018, 2018 – Centerra Gold Inc.