Kumtor Gold Company, within the framework of support of domestic production, as well as the renewal and modernization of the service vehicle fleet, purchased several crossovers Chevrolet Tracker, produced at Tulpar Motors plant, for the corporate fleet. The purchased Chevrolet Trackers will replace the cars, the service life of which has come to the end.…
Kumtor Gold Company (KGC) produced 7,960 kilograms of gold in January-September, up by 81 kilograms from the established plan. KGC’s revenue for this period amounted to $579.8 million instead of the planned $463.4 million. The company’s net profit amounted to $216.6 million. Kumtor Gold Company notes that this indicates a high level of efficiency of…
According to experts, low-grade gold ore mining at Kumtor will continue for some time. According to Kumtor Gold Company CJSC, a decrease in planned gold mining figures is not uncommon and is caused by the low gold content in the commercial ore mined at Kumtor mine. There have been cases at the mine, when the…
Acting Minister of Natural Resources, Ecology and Technical Supervision Azis Saparaliev visited Kumtor mine. During the visit, Azis Saparaliev inspected the central open pit, familiarized himself with the work of the gold extraction plant and visited the tailing dump. Kubanychbek Turdukozhoev, Vice President for Production at Kumtor Gold Company CJSC, said that currently gold-bearing ore…
The total income from the sale of gold in 2022-2023 at Kumtor amounted to $1,835 billion, President of Kumtor Gold Company Almazbek Baryktabasov announced at the International Forum MINEX Central Asia 2024. He spoke at the plenary session “Unlocking Mineral Resources Potential — Leading Role of Mining Industry Leaders and International Investors”. The head of…
Chairman of the Cabinet of Ministers of Kyrgyzstan Akylbek Japarov visited Kumtor mine. The head of the Cabinet of Ministers visited the central open pit and got acquainted with the work process at the gold extraction factory and the workshop for repairing heavy mining equipment, the algorithm of functioning of the new fuel and refueling…
Low-grade ore will be mined at Kumtor for about two years, so the base scenario for Kyrgyzstan’s economic growth of 6.2% has been chosen, rather than the most optimistic forecast of 8.4%, the Minister of Economy and Commerce of Kyrgyzstan Daniyar Amangeldiev has said. According to him, the ministry has prepared several scenarios for economic…
President of Kumtor Gold Company CJSC Almazbek Baryktabasov took part in the ceremony of handing over assistance to socially vulnerable residents of Ton and Jeti-Oguz districts of Issyk-Kul region. As part of fulfilling its social obligations, the company allocated 18 million soms for the purchase of 200 pregnant cows with calves. “Today we are handing…
