Risk and valuation analysis of the Kumtor Project |
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Title(s) of the Kumtor Project |
| VanEck Vectors Global Alternative Energy ETF Owner: 100% |
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Title | Company Profile | All Projects | Company website | Company project page |
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Centerra owns 100% of the Kumtor gold mine through its wholly owned subsidiary Kumtor Gold Company. |
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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.
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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.
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Geology of the Kumtor Project |
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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.
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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 |
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