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Production and Reserves
Production 1997 1998 1999 2000 2001 2002 2003
 
Tonnes ore mined (000s) 5,017 5,349 8,054 6,518 5,606 5,141 4,634
Tonnes ore milled (000s) 4,023 5,254 5,298 5,498 5,470 5,611 5,631
Mill feed grade
(grams/tonne)
5.55 4.77 4.49 4.65 5.15 3.71 4.54
Recovery (%) 73.3 78.5 79.4 81.5 83.1 78.1 82.6
Ounces of gold poured (1)
(000s)
502 646 610 670 753 529 678
 
Unit Production Total Cash Costs (2)
 
per tonne milled - $ 24.00 22.20 20.60 18.60 19.50 20.40 24.00
per ounce - $ 193 181 179 153 141 216 191
Table Continued Below


Production 2004 2005 2006 2007
 
Tonnes ore mined (000s) 3,303 6,135 3,887 5,132
Tonnes ore milled (000s) 5,654 5,649 5,696 5,545
Mill feed grade
(grams/tonne)
4.4 3.4 2.3 2.4
Recovery (%) 82.1 81.2 73.0 72.7
Ounces of gold poured (1)
(000s)
657 501 304 301
 
Unit Production Total Cash Costs (2)
 
per tonne milled – $ 23.24 24.40 28.99 33.11
per ounce – $ 200 274 544 610

(1) Centerra’s equity interest is 100%
(2) Total cash cost per ounce is a non-GAAP measure



Reserves and Resources

The following table shows Kumtor’s estimated gold reserves and resources at December 31, 2007:

  Tonnes (000s) Grade Grams/tonne Contained Gold Ounces (000s)
 
Proven 9,888 3.8 1,223
Probable 28,546 4.0 3,679
Total reserves 38,434 4.0 4,902
Measured 18,770 3.2 1,931
Indicated 19,323 2.8 1,741
Total measured and indicated resources 38,093 3.0 3,672
Inferred resources 778 1.8 46
Inferred resources SB Underground 2,796 20.0 1797
Updated March 28, 2007