In 2025, CJSC 'Kumtor Gold Company' reported its financial results, according to a report reviewed by JSC 'Kyrgyzaltyn'.
Buzurman Subanov, the chairman of the company, stated that during the reporting period, 12,081 kilograms of gold were extracted from the Kumtor deposit.
The revenue for the specified year amounted to 1 billion 434 million US dollars, and net profit exceeded 706 million dollars. Of this amount, 246.5 million dollars were transferred to the budget in the form of taxes and other mandatory payments. Additionally, shareholders will receive 300 million dollars in dividends.
During the general meeting of shareholders, Kubat Abdrayimov, the chairman of JSC 'Kyrgyzaltyn', emphasized the need for thorough preparation for the waste processing project of the tailings storage facility.
According to him, the main goal of this project is to improve the environmental situation by processing the tails, which contain more than 121 tons of gold. Attention should also be paid to underground mining projects and the development of the Togolok deposit.
The first ore at the Togolok deposit is expected to be mined this year, and the production of the first dore bar will begin next year. All projects must be implemented according to the established timelines.
Kubat Abdrayimov also highlighted the importance of ensuring industrial safety at Kumtor and developing human resources. In particular, it is necessary to increase control by conducting additional training for personnel, enhancing employee qualifications, and carrying out systematic inspections of the work of structural divisions.
As a result of the shareholders' meeting, the report on the activities of CJSC 'Kumtor Gold Company' for 2025 was approved.
It is worth noting that JSC 'Kyrgyzaltyn' is the sole owner of CJSC 'Kumtor Gold Company', holding 100% of its shares.
