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

01.07.2019

services in the field of information technology

CJSC KUMTOR GOLD COMPANY invites for cooperation the companies and private entrepreneurs to provide services in the field of information technology.

25.06.2019

EARPLUGS. Take care of your ears.

Social video on why it’s important to use hearing protection.

20.06.2019

Life depends on details …

Social video on why it’s important to use hearing protection.

14.06.2019

Centerra Gold

29.05.2019

CENTERRA GOLD PROVIDES UPDATE ON STRATEGIC AGREEMENT WITH THE KYRGYZ REPUBLIC

TORONTO, CANADA – May 28, 2019 – Centerra Gold Inc. (TSX: CG)

24.05.2019

MITSUBISHI TEMSA SAFIR bus

DEADLINE HAS EXPIRED

20.05.2019

Kumtor is In Touch, May 2019 Issue

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

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: