Outlook for 2017

● Gold production in 2017 is expected to be 525,000 to 555,000 ounces, or 16.33 and 17.26 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 525,000 ounces to 555,000 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

10.10.2017

Kumtor Rescuers Take Part in All-around Competition of Mine Rescue Teams

The 17th annual all-around mine-rescue competition took place at the training facility of the State Rescue Training Center under the Ministry of Emergency Situations of the Kyrgyz Republic on October 7, 2017.

04.10.2017

Kumtor Company and Chamber of Commerce and Industry of the Kyrgyz Republic Conducted Information Workshop for Individual Entrepreneurs and Commercial Organizations

Kumtor Gold Company conducted a workshop for its potential suppliers, including business people and commercial organizations, in Bishkek on September 27, 2017, with the information support of the Chamber of Commerce and Industry of the Kyrgyz Republic.

03.10.2017

Kumtor is In Touch, September 2017 Issue

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

25.09.2017

Kumtor’s Team Wins Again Kyrgyzstan’s Tournament of Miners and Metallurgists!

The Fourth Tournament organized by the Kyrgyz Republic Union of Miners and Metallurgists took place in the resort Kyrgyzskoye Vzmorye, Bosteri, Issyk-Kul province on September 14-17, 2017.

22.09.2017

Employees of Kumtor’s Balykchi Marshalling Yard Provided Aid to Society of Special Needs Children

Kumtor Ambassadors, employees of the Balykchi Marshalling Yard, Kumtor Gold Company, visited the local Society of Special Needs Children to distribute gifts to forty children On September 21, 2017.

21.09.2017

Kumtor Gold Company Congratulated Graduates from Vocational Schools No. 27 and No. 91

A diploma delivery ceremony took place on September 15, 2017, at vocational school No. 27. Among its graduates are the guys coming from Issyk-Kul province who were trained as automechanics under the Regional Scholarship Program.