Outlook for 2017

● Gold production in 2017 is expected to be 455,000 to 505,000 ounces, or 14.5 and 15.7 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 455,000 ounces to 505,000 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

15.06.2017

A Cleanup Action Performed in Umut-Hope Children’s Rehabilitation Center by Employees of Kumtor’s Procurement and Logistics Department and Partners

On June 10, 2017, employees of Kumtor Company Procurement and Logistics Department performed a cleanup action in the Umut-Hope Children’s Rehabilitation Center, Bishkek, which had been taken under the Department’s protection in 2012.

02.06.2017

Kumtor Employees Help to Open Table Tennis Club at Voenno-Antonovka Orphanage

On the eve of the International Children’s Day, employees of Kumtor Gold Company visited the orphanage in Voenno-Antonovka village.

02.06.2017

“A” Shift Employees of KGC Storage Facility’s Procurement and Logistics Department Help Kindergarten No. 1 of Karakol Town

During the rotational leave, “A” shift employees of KGC Storage Facility’s Procurement and Logistics Department provided volunteer assistance to the municipal kindergarten No. 1 located in Pristan-Przhevalsk village.

02.06.2017

Kumtor Employees Help the Children’s Crisis Center in Kara-Balta

On the eve of the International Children’s Day, employees of Kumtor Gold Company visited the Children’s Crisis Center, located in Kara-Balta town, Jaiyl region of Chui oblast.

01.06.2017

Employees of Kumtor Gold Company’s Finance Department Help Children’s Rehabilitation Facility Umut-Nadezhda in Bishkek

On the eve of the International Children’s Day, employees of Kumtor Gold Company’s Finance Department in Bishkek visited the Children’s Rehabilitation Center Umut-Nadezhda.

22.05.2017

Kumtor Employees Held Seminar at Kyrgyz-Turkish Manas University

On May 18, 2017, employees of Kumtor Gold Company held a seminar for students of Kyrgyz-Turkish Manas University, Engineering Department.