Another shipment of specialized heavy mining equipment has been delivered to Togolok gold deposit, developed by Kumtor Operating Company. According to the company, the equipment is intended for complex development work at the mine, which is considered a strategically important project for Kyrgyzstan’s mining industry. Currently, four Shacman dump trucks, two Nefaz crew buses, two…
Kumtor’s revenue for 2025 exceeded 124,216 billion soms, and gold production will reach 12 tons until the end of the year, Daiyrbek Orunbekov, head of the Information Policy Service of the Presidential Administration of the Kyrgyz Republic, reports. According to him, all revenues are transferred to the state budget and used for the needs of…
Kumtor’s net profit has amounted to $2 billion over the past three years, President of Kyrgyzstan Sadyr Japarov has announced at the 4th People’s Kurultai. According to him, significant profits began to flow after Kumtor was transferred to state ownership. In 2025 alone, the company’s net profit amounted to $678 million. The head of state…
In the first 10 months of 2025, Kumtor Gold Company (KGC) generated 80 billion soms in revenue from production activities, surpassing the planned 55.1 billion soms, the company’s press service reported. Net profit reached 36.9 billion soms, significantly exceeding the planned 13.373 billion. Budget contributions in the form of taxes and mandatory payments totaled 16.272…
Members of the Board of Directors and Management Board of Kumtor Gold Company CJSC, as well as the management of Kumtor Operating Company inspected the progress of work under Togolok and Dzhangart projects. According to the company, management inspected the construction of a transfer point in the village of Ak-Shyirak, the condition of roads leading…
President of the Kyrgyz Republic Sadyr Japarov on August 27 took part in an event dedicated to the launch of the underground gold-mining project at Kumtor Gold Company. The head of state noted that the return of Kumtor gold mine to state ownership was one of the most important events in the period of Kyrgyzstan’s…
Kumtor Operating Company CJSC has purchased an ambulance for specialists working at Togolok deposit and in Dzhangart area. As the company reported, the off-road vehicle, adapted for emergency medical use, was purchased for the prompt transportation of a company employee or a resident of Ak-Shyirak settlement who needed inpatient treatment. The vehicle is equipped with…
Kumtor Operating Company CJSC has started the construction of a bridge over Kaichy River to connect Togolok deposit and Dzhangart area with the village of Uch-Koshkon. According to the company, the project is part of ongoing efforts to create infrastructure necessary for the full-scale development of Togolok gold deposit and Dzhangart area. The new bridge…