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Kumtor Project
Kumtor
Country
Kyrgyzstan
Province
Krygyz republic
Close to
Kumtor
Status
PRODUCTION
Latitude / Longitude
41 N 51 / 78 E 12
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Risk and valuation analysis of the Kumtor Project
Status Risk : Production
Country Risk : Important
Resource Risk : 80.00%
In situ value
6,670,431,396 $
Link to technical report
Title(s) of the Kumtor Project
Centerra Gold Inc
Owner: 100%
Title
Company Profile
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Company website
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Centerra owns 100% of the Kumtor gold mine through its wholly owned subsidiary Kumtor Gold Company.
Location of the Kumtor Project
Kumtor is located in the Kyrgyz Republic, about 350 kilometres southeast of the capital Bishkek and about 60 kilometres north of the border with the Peoples Republic of China.
History of the Kumtor Project
Centerra is the successor of the gold mining business originally carried on by Cameco Gold as a division of Cameco Corporation. In 1992, Cameco and the government of the Kyrgyz Republic entered into an agreement to evaluate and develop the Kumtor gold deposit.
Geology of the Kumtor Project
The Kumtor gold deposit is located in the southern Tien Shan Metallogenic Belt, a major suture that traverses Central Asia, from Uzbekistan in the west through Tajikistan and the Kyrgyz Republic into northwestern China, a distance of more than 1,500 kilometres. A number of important mesothermal-type gold deposits occur along this belt including Muruntau, Zarmitan, Jilau and Kumtor.
Reserves and resources of the Kumtor Project
Tonnage
Grade
Reserves and resources
Gold
Gold
g/t
oz
Probable
44,051,000
3.40
4 815 327
Proven and Probable
44,051,000
3.40
4 815 327
Total
44 051 000
4 815 327
Definitions
Reserves and resources of the Kumtor Project
Metal
Total
Reserves
Resources
Unit
In situ value
Proven
Probable
Proven and Probable
Measured
Indicated
Mesured and Indicated
Inferred
Gold
4 815 327
4 815 327
4 815 327
oz
6 660 078 443 US$
Production history
Metal
2010
2008
2007
2006
2005
2004
2003
2002
2001
2000
GOLD (oz)
567,802
556,250
300,861
303,358
497,463
657,327
677,998
528,998
752,698
669,998
Production Objectives
Metal
2013
2014
2015
2016
2017
2018
2019
GOLD (oz)
520,000
520,000
520,000
520,000
520,000
520,000
520,000
Production
1/6/2011
Reports 2010 Gold Production of 678,941 Ounces
Exploration and drilling
12/20/2012
Files Updated Kumtor Technical Report for New Life-of-Mine P...
7/6/2012
Hosts Visit by Kyrgyz Prime Minister to Kumtor Mine
2/7/2012
Kumtor Mine Work Stoppage
12/5/2011
Transfer of Supplies to the Kumtor Mine Interrupted
10/4/2010
Centerra Gold Kumtor Mine Work Stoppage
6/12/2009
Kumtor Exploration and Operation Update
5/5/2009
Announces Kyrgyz President Signs Legislation Ratifying New K...
4/30/2009
Kyrgyz Parliament Approves Kumtor Agreement
4/27/2009
Reaches Agreement With the Kyrgyz Government and Cameco Rega...
4/22/2009
Update Regarding Its Discussions With the Kyrgyz Government ...
3/9/2009
Files 2008 Annual MD&A and Audited Financial Statements
3/5/2009
Kumtor Mine SAG Mill Repair Completed
2/19/2009
Kumtor Mine to Replace SAG Mill Girth Gear
5/12/2008
Comments on Media Reports Regarding Kumtor
4/29/2008
Agrees to Extend Deadline for Kumtor Agreements
2/15/2008
Agrees to Extend Deadline for Kumtor Agreements
11/30/2007
's Kumtor Mine Receives Mining License for Sarytor Deposit
12/22/2006
Kumtor Mine Resumes Operations
Location
Data last updated on : 10/31/2009
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All information on this page comes from internal and external sources deemed reliable. This information might not be up to date, so please perform due diligence before making any conclusion or making any action. Do contact us should any information be missing or incorrect.
Cautionary Note to US Investors concerning estimates of Measured and Indicated Mineral Resources
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