AKIPRESS.COM - Gold production at the Kumtor mine in the third quarter of 2014 was 95,265 ounces, or 2,963 kg of gold compared to 90,289 ounces, or 2,808 kg in the comparative quarter of 2013 due to higher throughput achieved by the mill partially offset by lower recoveries from processing higher carbonaceous material in the current period, according to the operating results of the third quarter of 2014. 

During the third quarter of 2014, Kumtor’s mill head grade averaged 3.05 g/t with a recovery of 72.7%. Tonnes processed were approximately 1.43 million for the third quarter of 2014, which was 9% higher than the comparative quarter of 2013.

The total waste and ore mined was 48.6 million tonnes compared to 41.7 million tonnes in the comparative period of 2013, representing an increase of 17% as Kumtor mined proportionately less ice in the third quarter of 2014.

Gold sales in the third quarter of 2014 were 92,645 ounces, or 2.9 tonnes. Total revenues from gold sales in the third quarter of 2014 were $117 million2.