From January to August, AzerGold exported products worth $148 million, an increase of $75 million, or 2.03 times, compared to the same period in 2024. This was reported in the September issue of the “Export Review” of the Center for Analysis of Economic Reforms and Communications. Azerbaijan’s non-oil exports increased by 10.3% over the first…
In October, the Prime Minister Yuliia Svyrydenko will hold meetings in the USA on the extraction of mineral reserves in Ukraine under the agreement to create the Reconstruction Investment Fund. “We have a positive from the economic agreement known as the Minerals Deal. The fund has started operating. We had a big meeting with major…
Diplomats from the Embassy of Uzbekistan in Kazakhstan, together with a delegation from JSC “Uzbek Technological Metals Plant” (TMK), took part in the international investment forum Altai Invest-2025, held in East Kazakhstan region. The forum brought together government officials, business representatives, and investors. The event opened a large exhibition area where around 50 regional enterprises…
Uzbekistan is preparing to open Copper Processing Plant-3 (CPP-3) at the Almalyk Mining and Metallurgical Complex (Almalyk GMK) as part of the development of the “Yoshlyk I” deposit. President Shavkat Mirziyoyev announced this on September 24 during a meeting with scholarship recipients of the “El-Yurt Umidi” Foundation in New York. The President noted that copper…
London-listed uranium investment company Yellow Cake plc has successfully raised approximately $175 million through the placement of 22.98 million new ordinary shares. The offering, initially expected to bring in around $125 million, was upsized due to strong institutional investor demand. Shares were priced at GBP 5.64 each. According to Yellow Cake Chief Executive Officer Andre…
British company Anglo Asian Mining (AAM) reported revenue from gold mining in Azerbaijan totaling $40.9 million in the first half of 2025, a 3.1-fold increase from January-June 2024. AAM noted that the revenue growth was due to the continuous operation of all processing facilities throughout the period, which ensured higher production volumes and higher commodity…
Bulgaria and the United States formalized a new partnership in the field of rare earth metals, following the signing of a Memorandum of Understanding between Bulgarian Energy Holding (BEH) and the University of North Dakota (UND). Prime Minister Rosen Zhelyazkov described the agreement as a milestone not only for Bulgaria’s mining sector but also for…
AzerGold plans to produce just over 71,000 ounces of gold until the end of this year, the company’s Chairman of the Board, Zakir Ibrahimov has announced. According to him, production is ahead of schedule. Ibrahimov added that silver was mined as a supplementary product, and its production would exceed forecasts, reaching over 100,000 ounces. (Report)