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Kyrgyzstan unveils gold production plan at Kumtor mine for 2022

Kyrgyzstan Materials 23 August 2022 17:36 (UTC +04:00)
Aygun Maherramova
Aygun Maherramova
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BAKU, Azerbaijan, August 23. Kyrgyzstan has unveiled a gold production plan at the Kumtor mine for this year, Trend reports citing the press service of the Cabinet of Ministers of Kyrgyzstan.

"Gold production at the Kumtor mine has not encountered any issues to date. The annual plan will be fulfilled. This year, 17.5 tons of gold will be produced,” the message said.

Due to the fact that Kumtor completely passed into the ownership of Kyrgyzstan, in May of this year, Kyrgyzstan's Accounts Chamber conducted a relevant audit.

As a result, financial violations were revealed at the mine, in particular, fuels and lubricants, food, and spare parts were purchased at prices above market ones.

In this regard, the financial director and external manager of Kumtor Gold company were dismissed from their positions.

Meanwhile, the procedure for the exchange of documents confirming the process of transferring the Kumtor Gold Mine into the ownership of Kyrgyzstan took place at the Embassy of Kyrgyzstan in the UK on July 29, 2022.

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