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    01/30/2025, 15:17

    Kumtor produced 54 tonnes of gold in three years

    The Board of Directors of Kumtor Gold Company Closed Joint Stock Company held a meeting, which was held at the Kumtor mine.
    During the meeting, the results of the company's work for 2024 were summarised, and plans and objectives for the current and future years were discussed. Within the framework of the event, the information of the heads of the mine, gold recovery plant and other structural divisions of the enterprise was heard.

    Bolotbek Idirisov, Chairman of the Board of Directors of Kumtor Gold Company, noted that from May 2021 to December 2024, since the introduction of external management with the subsequent transfer of the Kumtor mine into the ownership of the Kyrgyz Republic, more than 54 tonnes of gold were produced. 

    ‘Net income for this period totalled more than US$1.2 billion. Between May 2021 and December last year, US$891.6 million was paid to the Kyrgyz Republic in taxes and other payments to the state budget. Now we are facing no less ambitious tasks, on the fulfilment of which we will work together,’ he emphasised.

    Members of the Board of Directors of the company also inspected the work process at the Kumtor mine. In particular, they visited the open pits, familiarised themselves with the progress of the project on underground mining of gold-bearing ore, the work of the workshop for repair of heavy mining equipment, the gold extraction plant and the fuel and refuelling complex, the condition of treatment facilities and the tailings pond.


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