Kyrgyzaltyn OJSC reviewed and approved the report of Kumtor Gold Company CJSC on the results of its activities for 2024. Chairman of the Board of Kumtor Gold Company Buzurman Subanov reported that according to the results of 2024, revenue from gold sales amounted to $989.1 million with a plan of $739.3 million. “Last year, the…
Kumtor Gold Company has invested 147.7 million soms in social projects in Issyk-Kul region over the past two years. At a working meeting, Chairman of the Board of Kumtor Gold Company CJSC Buzurman Subanov and the Plenipotentiary Representative of the President in Issyk-Kul region Bakytbek Zhetigenov discussed the company’s 2024 performance and future plans, as…
Kumtor Gold Company CJSC has purchased two DR410i drill rigs to replace the older DR460 series drill rigs. The new iSeries rigs from Sandvik Mining and Rock Technology have demonstrated an unconditional advantage in terms of reliability, durability and low operating costs. The Sandvik DR410i rigs, equipped with an extended mast, can drill holes up…
The Board of Directors of Kumtor Gold Company CJSC held a meeting at Kumtor mine, the press service of the enterprise reported. During the meeting, the company’s performance in 2024 was summed up, and plans and objectives for the current and subsequent years were discussed. As part of the event, reports were presented by the…
Employees of Kumtor Gold Company CJSC insure their movable and immovable property with State Insurance Organization OJSC, the press service of the gold mining company reports. Recognizing the importance of insuring personal property, many employees of the company responded to the State Insurance Organization’s invitation to insure apartments, houses and summer cottages against fire and…
Revenues of Kumtor, the largest gold mining enterprise of Kyrgyzstan, after its transfer under the state management amounted to $1,174 billion in net profit, the Chairman of the Board of the Association of Miners and Geologists of the Kyrgyz Republic Duishenbek Kamchybekov said. The expert recalled that the foreign company over more than 20 years…
Kumtor Gold Company’s net profit exceeded $1,174 billion from 2021 to October 2024, the president of the closed joint-stock company Almazbek Baryktabasov announced. According to him, the company’s net profit in the 10th month of 2024 alone reached $266.9 million. Total revenue for the period from 2021 to October 2024 amounted to $3,394 billion: in…
In less than three years since transfer to the state, the net profit of Kumtor project exceeded $1.77 billion, the Chairman of the Cabinet Akylbek Japarov said at the meeting of the Parliament. MPs considered the report of the Cabinet of Ministers on the execution of the national budget for 2023. “Thanks to the political…