Outlook for 2017

● Gold production in 2017 is expected to be 455,000 to 505,000 ounces, or 14.5 and 15.7 tonnes.

● 2017 total capital expenditures, excluding capitalized stripping, are forecast to be $96 million.

● Growth capital investment for 2017 is forecast at $28 million.

● Capitalized stripping costs are expected to be approximately $234 million.

2016 was a very eventful year for all of us. Our Mill set a Throughput record of 6.3 tonnes beating the old record by ½ a million tonnes. Our Mine Department kept to plan and is hiring 90 new operators to enable us to do even more work. Our Maintenance team moved into our MEGA shop and now is working at even higher standards.  Kumtor’s production forecast is expected to be in the range of 455,000 ounces to 505,000 ounces with 30% of the production expected to be in the fourth quarter.

We are rolling out our WORK SAFE – HOME SAFE program, focusing on Safety Leadership for all. Our target is zero harm and we must stay true to this goal.


Video about Kumtor:

16.08.2015

The Truth about Barskaun

Interview with N. A. Meshkov, Honoured doctor of the Russian Federation, doctor of Medical Science, Professor (May 2010, Moscow )

21.06.2013

The Four Elements: Air

https://kumtor.kg/wp-content/uploads/2013/05/Vozduh_EN.flv

21.06.2013

The Four Elements: Water

https://kumtor.kg/wp-content/uploads/2013/05/Voda_EN.flv

21.06.2013

The four elements: Fire

https://kumtor.kg/wp-content/uploads/2013/05/Ogon_EN.flv

Earth

19.06.2013

The four elements: Earth

https://kumtor.kg/wp-content/uploads/2013/05/Zemlya_EN.flv

07.05.2012

The Road

https://kumtor.kg/wp-content/uploads/video/en/01.flv

06.05.2012

The Medical

https://kumtor.kg/wp-content/uploads/video/En/02.flv

05.05.2012

The Camp

https://kumtor.kg/wp-content/uploads/video/En/03.flv

03.05.2012

Geologists, Drilling, Laboratory

https://kumtor.kg/wp-content/uploads/video/En/05.flv


COMPANY NEWS

17.08.2017

Employees of Kumtor Gold Company’s Procurement & Logistics Department Help Two Single Mothers

Ambassadors of Kumtor from among the employees of the Procurement & Logistics Department helped the needy single mothers, Aigul and Nargiza.

Kumtor Operating Company

16.08.2017

Operating Results of the 2nd Quarter of 2017

Centerra Gold Inc. (Centerra) and Kumtor Gold Company (KGC) have summed up their operating results in the second quarter of 2017. In the first six months of 2017, KGC produced 266,023 ounces¹ or 8274.25 kg of gold and contributed more than 4.7 billion soms in taxes and mandatory payments.

04.08.2017

Kumtor Gold Company releases the Annual Environment and Sustainability Report

Kumtor Gold Company has released the Environment and Sustainability Report for 2016.

03.08.2017

Kumtor Employees Hold Clean-up Event on Beach of Kadji-Sai Village

Last weekend, employees of Kumtor Gold Company jointly with the representatives of local authorities and organizations held a subbotnik – a clean-up event on the beach of Kadji-Sai village of Ton region, Issyk-Kul oblast. In total, about 50 people took part in the clean-up event.

03.08.2017

Kumtor Employees Visit Mobile Child Development Center at Jailoo

Last Sunday, employees of Kumtor Gold Company and their children visited the mobile child development center at Ak-Tash jailoo of Jeti-Oguz region, Issyk-Kul oblast.

31.07.2017

Kumtor Employees Lend Another Help to Orphanage in Voyenno-Antonovka

Employees of the Kumtor mine and KGC Bishkek office lent another help to the orphanage in Voyenno-Antonovka village.