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:


The Truth about Barskaun

Interview with N. A. Meshkov, Honoured doctor of the Russian Federation, doctor of Medical Science, Professor (May 2010, Moscow )


The Four Elements: Air



The Four Elements: Water



The four elements: Fire




The four elements: Earth



The Road



The Medical



The Camp



Geologists, Drilling, Laboratory




Kumtor Gold Company Presents Training Equipment to Issyk-Kul Regional Vehicles and Drivers Registration Department

November 13, 2017, on behalf of Kumtor Gold Company, representatives from Employee Development and Administration, Balykchy Marshalling Yard, and Sustainable Development presented the training equipment to the Issyk-Kul Regional Vehicles and Drivers Registration Department of the State Registration Service under the Government of the Kyrgyz Republic.


Kumtor’s contribution to the budget of Kyrgyzstan

Operating results in the third quarter of 2017.

Kumtor Company


Operating Results of the Third Quarter of 2017

Centerra Gold Inc. (Centerra) and Kumtor Gold Company (KGC) have summed up their operating results in the third quarter of 2017. In the first nine months of 2017, KGC produced 404,584 ounces¹ or 12,583.98 kg of gold and contributed more than 6.8 billion soms in taxes and mandatory payments.

Centerra Gold Inc.


Centerra gold announces friendly acquisition of Aurico Metals

TORONTO, Ontario – November 7, 2017 – Centerra Gold Inc. (“Centerra” or the “Company”) (TSX:CG) and AuRico Metals Inc. (“AuRico Metals”) (TSX:AMI) are pleased to announce that they have entered intoa definitive arrangement agreement (the “Arrangement Agreement”) whereby Centerra will acquire all ofthe issued and outstanding common shares of AuRico Metals (the “Arrangement”) for C$1.80 in cash consideration per share (the “Purchase Price”), representing an aggregate transaction value of C$310 million.


Kumtor Employees Help to Open Table Tennis Clubs at Five Orphanages of Kyrgyzstan

In May 2017, the group of likeminded employees of Kumtor Gold Company launched the project intended to develop the children’s sport in the orphanages of Kyrgyzstan.


Kumtor Gold Company Hold a Safety and Road Traffic Rules Training for Children in Bishkek

Kumtor’s Employee Development & Administration Department in coordination with the Sustainable Development Department organized Safety and Road Traffic Rules training, for children on November 3, 2017, in the Bishkek Guesthouse, as part of Work Safe Home Safe Program.