Head of Kyrgyzaltyn visited Kumtor mine

published: 03 November 2022

Eldiyar Kaldarbekov, Chairman of the Board of Kyrgyzaltyn Joint Stock Company, paid a working visit to the Kumtor mine. He met with the management and personnel of the gold mining company, examined in detail the production process, and discussed the implementation of the mine development plan and perspectives.

“Today the whole world is convinced that Kyrgyzstan can independently develop such a major deposit as Kumtor. As you know, 100 percent of Kumtor’s shares were transferred to Kyrgyzaltyn. We are currently conducting environmental, technical and financial audits. I believe the company has a great future, and all the tasks set by the President of the country and the Cabinet of Ministers will be fulfilled”, said Eldiyar Kaldarbekov, Chairman of the Board of Kyrgyzaltyn JSC.

According to Kubanychbek Moldobekov, Mine Director, it is planned to upgrade the separate Mill production lines in the coming year. The mine relies very much on the assistance of the KR Cabinet of Ministers in this respect. If the investment plan will be supported, the mine will be able to increase the recovery percentage of gold from the ore.

At the end of his visit, the Head of Kyrgyzaltyn noted that the experience and attitude to production that are now being applied at Kumtor should be adopted by other companies in Kyrgyzstan. “We are convinced now that the mine is running smoothly and safely. When making any production decisions, environmental protection is an utmost priority; the team have to assess the impact of production activities on the environment and attempt to eliminate or reduce all risks,” emphasized the Head of Kyrgyzaltyn.

“The Kyrgyzaltyn delegation was satisfied with the inspection and, in general, the visit passed without any comments. The primary purpose of the new management of KGC is to justify the trust of President Sadyr Nurgojoevich Zhaparov, and the people as well, and to meet all planned targets of gold production. Today the company employs over 4,000 people. Everyone is making a contribution to its development,” said Ulukmyrza Abakirov, Vice President of Kumtor Gold Company CJSC.