During the Russian attack on Kryvyi Rih on January 22, employees of two mines were trapped underground. They were at the depth of 1135, 865 and 475 meters. The Emergency Service spent 6 hours to take the miners to the surface. The miners had to cross almost 7 km. After midnight, another mine was cut…
In 2025, Uzbekistan exported $9.9 billion worth of gold, according to the National Statistical Committee. This is $2.42 billion, or 32.3%, more than in the previous year. The National Statistical Committee did not specify which countries Uzbekistan exported gold to during this period. Overall, in 2025, Uzbekistan exported $33.812 billion worth of various products. (Logistan)
On January 23, Ukrzaliznytsia will hold a meeting with businesses to discuss scrap sales. Ferrous and non-ferrous metal scrap will be sold via Prozorro.Sales. The meeting will be held at the Central Railroad Station in Kyiv. (Ukrainian Metal)
Canadian mining company Laramide Resources announced the termination of its agreement with Aral Resources for the Chu-Sarysu uranium deposit development project in Kazakhstan. Laramide Resources cites changes to subsoil use legislation, approved by the President of Kazakhstan on December 26, 2025, as the main reason for its withdrawal from further participation in Kazakhstani projects. The…
Canadian company Silvercorp Metals Inc. reported that it had signed a Share Purchase Agreement with Chaarat Gold Holdings Limited and a Cooperation Agreement with the National Investment Agency under the President of the Kyrgyz Republic. As reported, pursuant to these agreements, the company will acquire a 70% interest in Chaarat ZAAV CJSC, which holds a…
The Governments of the UAE and Uzbekistan signed a Memorandum of Understanding to advance the development of Uzbekistan’s mining sector, supporting its sustainable growth, modernisation, and long-term economic value creation. The MoU was signed by Mohamed Hassan Alsuwaidi, Minister of Investment of the UAE, and Jamshid Khodjaev, Deputy Prime Minister of Uzbekistan. The cooperation under…
Azerbaijan and the Chinese companies Wanji and Sunstone discussed opportunities to expand mutual cooperation and implement joint projects in aluminum production. Deputy Economy Minister Samad Bashirli reportedly met with the company executives. The guests were informed about Azerbaijan’s favorable investment climate, the infrastructure established in industrial zones, and the incentives and support mechanisms available to…
In 2025, Ukraine increased ferroalloys exports by 21.4% YoY, to 93.841 thousand tons. According to the State Customs Service, in monetary terms exports have grown by 19%, to $105.441 million. The main customers were Poland (28.69% of deliveries in monetary terms), Turkiye (21.62%) and Algeria (21.48%). Last year, Ukraine imported 38.434 thousand tons of ferroalloys…