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BISHKEK (TCA) — Kumtor Gold Company has said that its two vice presidents — Mark Burton, Vice President, Finance, and Leslie Louw, Vice President, Procurement and Logistics — have left Kyrgyzstan to take their long-planned vacations that had been approved back in January and March 2016. Continue reading
BISHKEK (TCA) — Canadian based gold mining company Centerra Gold Inc. says that the Kyrgyz Republic General Prosecutor’s Office (GPO) and other state law enforcement agencies conducted a search at the Bishkek offices of Kumtor Gold Company (KGC), Centerra’s wholly-owned subsidiary, in the afternoon of April 28. Continue reading
BISHKEK (TCA) — Looking at figures, it can be concluded that Kyrgyzstan’s largest gold mine and champion moneymaker Kumtor is bound to be depleted within not too many years and the annual gold production can be more or less kept up only with the opening of new deposits. Continue reading
BISHKEK (TCA) — The latest row leading to the Kyrgyz Government’s resignation has been a perfect example of the negligence with which the outgoing cabinet treated the country’s urgent economic problems. Since the outgoing PM was a technocrat from outside of the three-party parliamentary coalition, the partnership remains intact with no outlook on so-called snap elections. But the problems faced by the new team need a much better approach than till now. Continue reading
BISHKEK (TCA) — An expert group has concluded that the impact of the Kumtor gold mine on the reduction of the Ak-Shyyrak glaciers is “negligible”. According to experts, the glaciers had begun to melt down long before the Kumtor mine started operation, and the warming climate was the main reason for that. Continue reading
BISHKEK (TCA) — The Kumtor mine, the largest gold mine in Kyrgyzstan, produced 16,195.4 kg of gold in 2015. Gold sales in 2015 were 16,189.9 kg with a revenue totaling $604.5 million, Kumtor Gold Company said on March 16. Continue reading
