The Kumtor mine, in Kyrgyz Republic, has delivered a better-than-expected performance in the first six months of the year, prompting Canada-headquartered Centerra Gold to revise its 2019 consolidated gold guidance to a range of 705 000 oz to 750 000 oz.
The new, tighter guidance range compares with an original guidance of 690 000 oz to 740 000 oz and reflects the modestly increase forecast for Kumtor. The Central Asian mine is forecast to produce 550 000 oz to 575 000 oz, compared with the initially guided 535 000 to 565 000 oz.