Navoi Mining and Metallurgical Works published a report on its operational results in January-March.
The production volume reached 27.8 trillion sums, up by 0.7% YoY.
A total of 753,500 ounces of gold were extracted (compared to 748,100 ounces during the same period in 2024).
$118.4 million was invested under the Investment Program.
697 new jobs were created.
Cost optimization measures resulted in a reduction of production costs by 786 billion sums.
Within the Localization Program, products worth 349.8 billion sums were sold.
Purchases through inter-industry cooperation exceeded 1.8 trillion sums.
The Muruntau deposit, the largest in the world in terms of gold reserves (101 million ounces), remains the key asset of NGMK. The combined reserves of the plant are estimated at 148 million ounces.
In February, Sustainable Fitch assigned JSC “NGMK” an ESG rating of “3” (the first public rating in the Uzbekistan sector).
The “Labor Protection Month” initiative is being implemented to reduce workplace injuries.
The plant was recognized as a leader in cybersecurity in 2024.
As part of the “Green Space” project, the following trees were planted:
– 65,850 seedlings along the M-37 highway and at GMZ-1;
– Over 300,000 trees at industrial sites (data entered into the electronic platform).
Advanced practices are being introduced to expand the resource base.
In Q1, the following took place:
– 3 meetings of the Supervisory Board (11 issues were discussed);
– 25 meetings of the Board of Directors (41 decisions were made).
JSC “NGMK” continues to demonstrate steady growth, combining production efficiency with environmental and social responsibility. (UzDaily)
