Outlook for 2019
● Gold production in 2019 is expected to be 535,000 to 565,000 ounces, or 16.64 and 17.57 tonnes.
● 2019 total capital expenditures, excluding capitalized stripping, are forecast to be $58 million.
● Growth capital investment for 2019 is forecast at $14 million.
● Capitalized stripping costs are expected to be approximately $108.
● Exploration expenditures expected to be $11 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
17.05.2019
TV plot on Q1 2019 results
In the first three months of 2019, KGC produced 150,308 ounces¹ or 4,675.10 kg of gold and contributed more than 1.51 billion soms in taxes and mandatory payments. In Kyrgyz language: In Russian language:
13.05.2019
Operating Results of the First Quarter of 2019
Centerra Gold Inc. (Centerra) and Kumtor Gold Company (KGC) have summed up their operating results in the first quarter of 2019.
06.05.2019
GRADUATE INTERNSHIP PROGRAM
Kumtor Gold Company CJSC invites graduates of higher educational institutions on a competitive basis for 2-year internship in COMPLIANCE & PROJECTS department:
06.05.2019
GRADUATE INTERNSHIP PROGRAM
Kumtor Gold Company CJSC invites graduates of higher educational institutions on a competitive basis for 2-year internship in PROCUREMENT & LOGISTICS department:
06.05.2019
GRADUATE INTERNSHIP PROGRAM
Kumtor Gold Company CJSC invites graduates of higher educational institutions on a competitive basis for 2-year internship in MINE ENGINEERING & GEOLOGY department:
06.05.2019
GRADUATE INTERNSHIP PROGRAM
Kumtor Gold Company CJSC invites graduates of higher educational institutions on a competitive basis for 2-year internship in MILL MAINTENANCE department:
06.05.2019
GRADUATE INTERNSHIP PROGRAM
Kumtor Gold Company CJSC invites graduates of higher educational institutions on a competitive basis for 2-year internship in MILL OPERATIONS METALLURGICAL LABORATORY: Requirements: Completed higher education (2019 graduates) in the following majors: Nonferrous Metallurgy, Mineral Processing; Be medically fit to work at high altitude mine; Proactive and motivated to learn something new; Efficient and disciplined worker; Diligent worker with teamwork skills; Advanced PC user; Knowledge of English will be a priority. Duties: Accomplish the department supervisor’s assignments to ensure stable and continuous production process. Participate in project works. Work conditions: Paid internship in the international company Duration – 2 years Location – Kumtor Mine Rotation schedule – 14/14 To participate in the graduate selection process, you are requested to: Fill out the application form, attach all required documents. Application form is available here. Submit no later than 16.00 hrs on May 30, 2019 via e-mail HR_Kumtor@kumtor.com or to the address: 24 Ibraimov Street, Bishkek, Kyrgyz Republic (Uchkun OJSC Building, 10th floor). If you wish to submit your application form via e-mail, please make sure to specify the reference “Graduate Internship Program” in the subject line of your message. Only the most suitable candidates will be invited for an […]
06.05.2019
GRADUATE INTERNSHIP PROGRAM
Kumtor Gold Company CJSC invites graduates of higher educational institutions on a competitive basis for 2-year internship in ENVIRONMENT department:
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