A training greenhouse was opened September 26, 2013, in the village of Sary-Dobo, Tiup District, at the Bilim Training Center. This has become possible due to Kumtor Company’s support under AVEP Public Fund’s KARAGAT+ Project.

Sixteen PC flat screens were officially contributed by Kumtor Company to vocational school No. 27 on September 26, 2013. The monitors will be used by a special group of physically handicapped students

An International Environmental Forum, Jashyl Oi (“Green Thinking”), was held in Cholpon-Ata, Issyk-Kul province, between September 16 and 23, 2013, with the financial support of Kumtor Company. Timed to coincide with the Year of Environmental Culture and Environmental Protection across the CIS which is marked in 2013, the Forum was held under the aegis of the CIS International Humanitarian Cooperation Fund. The event was organized by the Youth Initiative Promotion Fund. The Forum’s main topic was “green” enterprise with promoting consolidation of sustainable development and environmental safety experts being among its top priorities. The Forum participants adopted a resolution on creating an international network of young specialists. The Forum became a venue for experience and best practices exchange in the conservation area enabling CIS young experts to discuss openly the ideas and joint efforts aimed at improving the environment across the CIS member nations. “Kumtor is happy to sponsor the International Forum “Jashyl oi”. KR has some of the most beautiful scenery and nature anywhere in the world, so it is important to raise the awareness of positive environmental management practices and the concept of sustainable development – development that is economically, environmentally and socially responsible. This is particularly important […]

An International Environmental Forum, Jashyl Oi (“Green Thinking”), will be held in Cholpon-Ata, Issyk-Kul province, between September 16 and 23, 2013, with the financial support of Kumtor Company. Timed to coincide with the Year of Environmental Culture and Environmental Protection across the CIS which is marked in 2013, the Forum will be held under the aegis of the International Humanitarian Cooperation Fund. The event is organized by the Youth Initiative Promotion Fund. The basic topic of the Forum is green enterprise. One of the key goals of the Forum is to promote consolidation of expertise in the field of sustainable development and environmental safety. The Forum participants are supposed to discuss ideas and take joint steps designed to improve the environment throughout the CIS under the international network of young leaders. The Forum will be a venue for experience and best practices exchange in the conservation area. A series of seminars have been planned as part of the Forum, including on the following topics: • green enterprise; • sustainable development for local communities; • mobilization of young people under environmental projects and initiatives; • eco-law; • ecotourism; • healthy life-styles and ecosettlements; • contribution of young scientists to conservation efforts; […]

Negotiations to form a joint venture (JV) between TSX-listed Centerra Resources and the Kyrgyz government received a boost this week when the parties inked a nonbinding memorandum of understanding regarding the future of the flagship Kumtor mine

The renovated Culture Center was inaugurated in the village of Barskoon, Jety-Oguz district, during the past weekend. Attending the opening ceremony were local government officials and village residents

(Reuters) – Centerra Gold Inc said it entered into an understanding with the Central Asian state of Kyrgyzstan that could pave the way for joint ownership of the country’s flagship mine. Toronto-listed Centerra said Kyrgyz state gold company, Kyrgyzaltyn JSC, would swap its 32.7 percent stake in Centerra for a 50 percent interest in a joint venture that would own the Kumtor Project. Centerra would also receive $100 million. Centerra has been under pressure to redraw an agreement struck in 2009 to operate the Kumtor mine, hidden high in the Tien Shan mountains. A state commission had said the company was paying too little to run the mine and accused it of damaging the environment. A number of agreements entered in 2009 by the miner and the government would remain in effect, including the one on tax regime, according to terms of the non-binding memorandum of understanding. Centerra would remain operator of the project and Kyrgyzaltyn would receive six million warrants to acquire Centerra shares at an exercise price of C$10. The warrants would be exercisable for two years. All state agency environmental claims against the project would be resolved prior to the restructuring, Centerra said. Reuters

Children’s libraries in Kyrgyzstan are going to receive a new collection of folk tales in the Kyrgyz language. This summer, Kumtor Company donated 5,400 highly decorated books to the International Public Fund “Roza Otumbayeva’s Initiative” for distribution to children’s educational institutions across the Kyrgyz Republic

Kumtor’s management provides full assistance to the State Committee on National Security of the Kyrgyz Republic in the investigation of the fact of extortion, which was unveiled last night by mass media

Results have been summed up as regards the first competition of small grant applications under the Issyk-Kul Youth Banks Project currently implemented by Eurasia Foundation of Central Asia with the financial support of Kumtor Operating Company. More than 40 best project applications have been selected to address the communities’ social problems

A music festival, The World of Unlimited Opportunities, organized by the Issyk-Kul Association of the Physically Challenged, Ravenstvo (“Equality”), and Nazik Kyz Company will be held in Karakol on August 27-28, 2013. The organizers expect to gather more than 100 participants from all regions of Kyrgyzstan. The festival’s main purpose is to destroy the existing stereotypes vis-à-vis the handicapped people. Moreover, it would be an excellent opportunity for physically challenged people to overcome their fear and demonstrate their musical skills. The festival’s program includes pop, folk and dance concerts with chess tournaments and other sports events being held in-between. Prizes and certificates will be handed to winners. Kumtor Company has supported the event and contributed money to encourage the festival winner.

Centerra Gold Inc. (Centerra) and Kumtor Operating Company have summed up the operating results of the 2nd quarter of 2013. In the first six months of 2013, the Kumtor mine produced 161,983 ounces* or 5,038 kg of gold. The Company has contributed more than 2.8 billion soms in taxes and mandatory payments.