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Kyrgyzstan Review, 10 years ago

[10.06.23] Kyrgyzstan Reduces Gold Production 11.7%

Kyrgyzstan produced 7.511 tons of gold in the first five months of 2003, 11.7% less than in the same period of last year, Dilger Zhaparov, vice-president of the state-owned mining concern Kyrgyzaltyn, told Interfax.
Kyrgyzaltyn itself produced 550 kg, which was 14.7% less than in the same period of last year and below a target of 660 kg. The Kumtor Gold Company, a joint ventures of which Kyrgyzaltyn is co-founder, produced 6.961 tons, which was 11.4% less than in January-May 2002 but slightly above a target of 6.381 tons.
Zhaparov said production fell because gold gradings in ores were lower than expected.
Interfax, June 10, 2003

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