On August 19, an auction was held on the E-auksion platform for the right to conduct geological exploration at the Terekli site in the Akhangaran district of Tashkent region.
The bidding lasted for 11 hours and 50 minutes, concluding after 377 rounds. The winner was Toyloq Toza Hudud, which offered 81.8 billion sums (about $6.5 million) – 19.8 times higher than the starting price of 4.12 billion sums (around $330,000).
The site covers 65 hectares, with estimated gold reserves of two tons. It is located 9.6 km southeast of the village of Shaugaz.
Earlier, on August 15, Bargi Sabz Import Export won the auction for the Akkazat site, covering 926 hectares and situated 68.2 km southeast of Zarafshan. The company’s winning bid was 24.92 billion sums, six times higher than the starting price of 4.1 billion sums. The site’s estimated gold reserves are five tons.
Toyloq Toza Hudud was registered in April 2018 in Yangiyul, Tashkent region. Its main business activity is specialized construction work. The company’s founder, Kamgar Kambiz, also holds stakes in more than ten other firms.
On August 14, Zhongcheng Mining won the auction for the Chettik site, located 15 km from Gijduvan district in Bukhara region, with a bid of 35.6 billion sums, which was 8.6 times the starting price of 4.1 billion sums. The site covers 1,314 hectares, with estimated reserves of 4.57 tons of gold. The company was registered on August 8, and its founder is Shi Chunhuan.
On August 20, in Navoi region, the Temirchi site with estimated reserves of six tons of gold was sold at auction. The exploration rights were granted to Zauris, which bid 67.8 billion sums. (UzDaily)