An independent review of the Parliamentary Commission Report (“Report”) by US-based Prizma LLC confirms that the Report‘s allegations are unfounded, wrong or exaggerated. The Report ignores results of numerous inspections and independent audits, published data and published government reports

The Association “One Village One Product” (OVOP) is implementing a project designed to activate Southern Issyk-Kul communities in Jety-Oguz and Ton districts. The project is sponsored by Kumtor Operating Company

The gold mill resumed operation at the Kumtor Mine site September 18, 2012. Ore processing was suspended on the 23rd July 2012 following depletion of the low-grade surface stockpile material, as outlined in the March 2012 revised mine plan

Two renovated classrooms, equipped for laboratory class rooms with the support of Kumtor Operating Company were inaugurated at Bishkek-based vocational school No. 27 today, September 13, 2012. The ceremony was attended by Company Management

The first open pit mine excavator Hitachi 3600 has been commissioned at the Kumtor Mine. So far, it is the largest excavator employed within the Kyrgyzstan mining sector

On September 3 and 4 the Kumtor mine site hosted a visit by youth environmental NGOs and a Swiss development program “Helvetas”

A First Republican Eco-Educational Youth Camp, Green Land, was organized at the coast of Lake Issyk-Kul on August 20 to 26, 2012. It was sponsored by Kumtor Operating Company and organized by the Fund for Development of Youth Initiatives

The Kumtor mine has held the 12th annual mine-rescue competition. Participating this year were seven teams representing various departments of KOC, a Boroo Gold team (Mongolia), as well as teams from the Kyrgyz Emergencies Ministry, and Kyrgyzaltyn JSC

At present, we are continuing the prestripping to gain access to the southwest section of the pit and we are on schedule to access the ore in mid-September to provide ore for the Kumtor mill, when we will see a return to normal production in the fourth quarter of 2012

At the Kumtor mine, gold production in the second quarter of 2012 was 41,307 ounces*, or approximately 1,285 kg compared to 139,077 ounces, or more than 4.3 tonnes of gold in the comparative quarter of 2011

DEADLINE HAS EXPIRED

Development work on the Kumtor underground project at the Kumtor Mine will be temporarily suspended effective August 10, 2012. As a result of the temporary suspension of the underground development activities, the underground workforce of approximately 110 persons will be reduced to about 40