Outlook for 2019

● Gold production in 2018 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 $59 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.


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COMPANY NEWS

Кумтор Оперейтинг Компани

18.01.2019

2018 Gold Production and 2019 Outlook

Centerra Gold Inc. (Centerra) and Kumtor Gold Company (KGC) report that they had another solid year delivering more than 534,000 ounces of gold production.

10.01.2019

UNDERGROUND MINE ENGINEER (BISHKEK)

KGC Announces a temporary vacant position of  UNDERGROUND mine ENGINEER (BISHKEK) Reference number: KS-19-07

10.01.2019

UNDERGROUND GEOTECHNICAL ENGINEER (BISHKEK)

Kumtor Gold Company announces a temporary vacant position of UNDERGROUND GEOTECHNICAL ENGINEER (BISHKEK) Reference number: KS-19-08

09.01.2019

ELECTRICIAN (KUMTOR MINE)

Kumtor Gold Company announces a vacant position of ELECTRICIAN (KUMTOR MINE) Reference number: KS-18-82

04.01.2019

MACHINIST (KUMTOR MINE)

Kumtor Gold Company announces a vacant position of MACHINIST (KUMTOR MINE) Reference number: KS-18-60

19.12.2018

TV report about gender equality program

TV report about implementation of new gender equality program in the Сompany

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.