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BISHKEK (TCA) — Canadian-based gold mining company Centerra Gold Inc. and Kumtor Gold Company have said gold production at the Kumtor mine, the largest gold mine in Kyrgyzstan, was 550,960 ounces, or 17,136.78 kg, of gold for the full year 2016. Continue reading
BISHKEK (TCA) — On December 1, Kyrgyzstan President Almazbek Atambayev held a traditional year-end press conference, which gathered over 140 journalists from 70 media outlets including international ones. The President preferred the question and answer format instead of a traditional statement. Continue reading
BISHKEK (TCA) — Centerra Gold Inc. and Kumtor Gold Company (KGC) have summed up their operating results in the second quarter of 2016 and said that in the first six months of 2016, the Kumtor mine — the largest gold mine in Kyrgyzstan — produced 184,168 ounces or 5,728.27 kg of gold. KGC has contributed more than 3.01 billion soms in taxes and mandatory payments to the Kyrgyz budget. Continue reading
BISHKEK (TCA) — The European Bank for Reconstruction and Development (EBRD) is extending a US $75 million loan for the development of Canada-based Centerra Gold Inc’s Öksüt open-pit gold mine in the central Turkish region of Kayseri. It is part of an existing US $150 million project financing facility with UniCredit, the EBRD Press Office said. Continue reading
BISHKEK (TCA) — The fourth annual fruit-and-berry festival “Karagat Fest” was held in Teploklyuchenka village of Ak-Suu district of Kyrgyzstan’s Issyk-Kul region on August 6. The event has been held for the fourth consecutive year as part of the Karagat Plus Program implemented by AVEP Non-Governmental Foundation with the financial support of Kumtor Gold Company. The Company’s contribution to the program implementation and development of greenhouse facilities during the four years has amounted to KGS 67 million. Continue reading
BISHKEK (TCA) — Kyrgyzstan’s mining industry has been deteriorating for years and the situation has become critical but the government has not paid much attention to it. For more than 20 years since independence, the industry’s management capacity has been worsening, members of the Association of Miners and Geologists of Kyrgyzstan said at a press conference in Bishkek. Continue reading
