The National Asset Recovery and Management Agency (ARMA) has launched a competition to select a manager for corporate rights and property of two enterprises specializing in the extraction of secondary kaolins. Competitions are held through the Prozorro system. The following are offered for management: – 3 packages of corporate rights of Kirovograd Mining and Mineral…
Uzbekistan significantly increased its gold exports from January to August. According to the National Statistics Committee, the volume of gold shipments abroad reached $8.42 billion, up by 68.9% YoY. Gold’s share in the country’s export structure rose to 36.7% from 28.5% in January-August 2024, underscoring the continuing central role of the precious metal in Uzbekistan’s…
President Kassym-Jomart Tokayev, currently on a working visit to New York, took part in a roundtable discussion with representatives of American businesses. The President noted the need to explore new opportunities in the field of geological exploration, expand existing projects, as well as in uranium mining and processing. Kazakhstan supplies about 40% of the global…
Since the start of the year, DTEK has produced 6 shearers. They are needed to maintain stable coalmining in Ukraine. “In January-August, machine-builders repaired and produced 2050 units of mining machinery,” the company said. They have also produced 1.7 million spare parts. Recently, the company has started mass production of domestic electric engines for mining…
The Almalyk Mining and Metallurgical Combine (AGMK) is completing the implementation of Uzbekistan’s first integrated automated control system for its mining and transport complex. This project is being implemented as part of the state strategy “Digital Uzbekistan – 2030” and aims to increase productivity, reduce operating costs, and ensure maximum safety at the Kalmakyr and…
The Navoi Mining & Metallurgy Combinat (NGMK), the world’s fourth-largest gold producer and the largest gold mining company in Central Asia, has released its IFRS financial results for the first half of 2025. According to Jahongir Khasanov, NGMK’s Deputy General Director for Economics and Finance, the company produced 1.54 million ounces of gold in H1…
Uzbekistan plans to raise its gold production to 118 tons in 2025, President Shavkat Mirziyoyev has announced during a meeting with education sector workers, where he also emphasized the government’s intention to introduce a unified state exam in schools. The head of state recalled that in 2016 the country produced 86 tons of gold, while…
Uzbekistan entered the top 10 global gold producers in 2024, extracting 129 tons of the precious metal, which accounted for 3.5% of total global output, according to the World Gold Council (WGC). Global gold production in 2024 reached 3,661 tons, up by 0.5% YoY. China remained the world’s largest producer with 380 tons, followed by…