On August 18, the electronic platform E-auksion hosted bidding for the right to conduct geological exploration at the gold-bearing Temirchi site, located in Nurata district of Navoi region. The winner was Zauris, offering 67.78 billion sums ($5.4 million) – nearly 16.5 times higher than the starting price of 4.12 billion sums.
The Temirchi site lies 26.7 km northwest of Zafarabad settlement and 35 km north of Navoi city. It covers an area of 249 hectares, with estimated reserves of six tons of gold (192.9 thousand troy ounces). At the current global gold price of $3,389 per ounce, the potential value of the deposit is around $654 million.
According to the Unified State Register of Enterprises and Organizations (USRPO), Zauris was registered in July in Tashkent to operate in the non-ferrous metal ore-mining sector. The founder and head of the company is Feruza Fayzieva, who owns 100% of the charter capital amounting to 10 million sums.
This is not the first case of successful auctions for gold deposits in the region. On August 15, Bargi Sabz Import Export secured the right to explore the Akkazat site (926 hectares), located 68.2 km southeast of Zarafshan city, with a bid of 24.92 billion sums – six times the starting price of 4.1 billion sums. The site’s potential reserves are estimated at five tons of gold.
Bargi Sabz Import Export was registered on April 11, 2018 in Yangiyul, Tashkent region. Its main business activity is specialized construction works. The founder, Kamgar Kambiz, holds stakes in more than ten companies, including Kamgar Gold and Bargi Sabz Termiz. (UzDaily)