Outlook for 2023

Production

Gold production in 2022 is expected to be 555,000 ounces or 17.3 tonnes.

Expenditures

Total capital costs, excluding stripping costs, should be up to $350 million in 2022.

Taxes and mandatory payments

It is planned to pay USD 195.2 millions as taxes and other mandatory payments in 2022.

Exploration

Expenditures planned for geological exploration with a view to increase the mineral resource base of the Kumtor deposit shall make up USD12.9 million.

«Kumtor» will become a new page in the history of the country and will be an example of development for the younger generation”

Sadyr Zhaparov

President of Kyrgyz Republic
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