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.


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COMPANY NEWS

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.

17.08.2018

GLACIERS AND GLOBAL CLIMATE CHANGE

Kyrgyz National Academy experts are studying northwestern glaciers of the Ak-Shiyrak massif.

16.08.2018

Kumtor Gold Company Supports ‘Mobile Child Development Centers at Jailoo’ Project

This season, Kumtor Gold Company has continued cooperation with the Mobile Child Development Centers at Jailoo in Jeti-Oguz and Ton regions of Issyk-Kul oblast.

15.08.2018

Kyrgyzstan hosted the Conservation Asia 2018 Conference with support from Kumtor Gold Company

The Society for Conservation Biology, Asia Section together with American University of Central Asia hosted an international conference from 6 to 10 August 2018 in Bishkek, Kyrgyzstan.

15.08.2018

OPERATING RESULTS OF THE SECOND QUARTER OF 2018

In the first six months of 2018, KGC produced 184,023 ounces or 5723.76 kg of gold and contributed more than 3.65 billion soms in taxes and mandatory payments.

13.08.2018

Kumtor is In Touch, August 2018 Issue ;

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