Azerbaijan reduced gold production by 12.1% YoY, to 1,637 tons in January-July, the State Statistics Committee reported. Silver production decreased by 15%, to 2,154 tons. Gold mining in Azerbaijan is carried out by Anglo Asian Mining and AzerGold. (The Moscow Times)
PJSC “ArcelorMittal Kryvyi Rih” was hit by a missile strike from Russia on the night of August 16, as a result of which two people were killed and 13 more employees of the enterprise and contractors were injured. “As a result of the attack, the main production facilities of energy and blast furnace production were…
The state enterprise Navoiyuran generated nearly 4.3 trillion sums in net profit in the first half of 2026, marking a 136.1% increase compared to the same period last year. In January–June 2025, the enterprise recorded a net profit of 1.8 trillion sums. The company’s net revenue for the reporting period grew by 101.8% YoY, to…
Kyrgyzaltyn OJSC has been granted the right to conduct geological exploration for iron, titanium and vanadium at Bala-Chichkan deposit. The relevant Cabinet of Ministers resolution was signed by Chairman Adylbek Kasymaliev. The subsoil-use rights were granted for geological exploration. The deposit has estimated iron reserves of 1 million tons. The Bala-Chichkan area covers 4,361 hectares…
Representatives of Uzbekistan’s Ministry of Mining Industry and Geology, led by Deputy Minister Ural Yusupov, met with representatives of FLUOR Corporation on August 12. The parties discussed opportunities to improve the efficiency of enterprises in Uzbekistan through the use of modern copper processing technologies. During the meeting, FLUOR Corporation representatives presented information about the company’s…
In January-June, Azerbaijan exported 24,231.8 kg of gold (gold in other semi-processed forms – rods, wire and profiles, plates, sheets, strips, or tapes with a thickness of over 0.15 mm, excluding any base/gold in other unprocessed forms not used for coin minting) worth $3,670,632,000. This is 25.5 times more in value and 12.4 times more…
Navoi Mining and Metallurgical Company JSC (NGMK) produced 1.5088 million troy ounces of gold and generated 86.2 trillion sums worth of output in the first half of 2026. During the first six months of the year, the company utilized $236.8 million under its investment program and created 1,008 new jobs. Under its localization program, NGMK…
Last night, the Zaporizhzhia industrial site was hit by a Russian strike. This is not the first time that Metinvest has been through destruction and reconstruction after attacks. But there is something that cannot be accustomed to – human casualties. A ballistic strike caught employees on their way to shelter immediately after the alarm was…