President Ilham Aliyev amended the decree on improving subsoil use, transferring several deposits to AzerGold. The head of state signed a new decree amending the document “On improving activities in the field of subsoil use (except for the oil and gas sector) and amending certain decrees and orders of the President.” According to the amendments,…
From April 13 to 17, the Tube 2026 exhibition, one of the leading international events in the pipe industry, was held in Dusseldorf, Germany. Baku Steel Company (BSC) represented Azerbaijan as the sole national participant. During the exhibition, the company’s delegation held a number of business meetings with current and potential clients from the European…
As part of the announced Year of Safety and systematic efforts to strengthen industrial safety and occupational health, Kazakhmys has completed pilot testing of a protective capsule cabin for loading and handling conveyor operators at the Nurkazgan mine. The project was implemented at the northern portal industrial site and is part of a comprehensive effort…
The joint-stock companies “Navoiyuran” and “Uzmetkombinat” have reached an agreement to develop mutually beneficial cooperation in the field of industrial cooperation. The parties plan to implement joint investment projects focused on localizing the production of drilling equipment used in uranium extraction. The agreement is aimed at improving production efficiency and expanding the output of goods…
Shareholders of Kyrgyzaltyn OJSC have decided to allocate 100% of the company’s net profit for 2025 as dividends to the state budget. The decision was made at the annual general meeting of shareholders, where the company’s financial and operational results were reviewed. According to the results for 2025, Kyrgyzaltyn’s revenue amounted to 20.7 billion soms,…
British mining company Anglo Asian Mining, which developed gold deposits in Azerbaijan, produced 6,062 thousand ounces of gold in the first three months of 2026. This figure exceeded the same period last year by 0.56%. Of the total production, 4,842 thousand ounces consisted of gold dore bars, while the remaining 1,220 ounces were recovered using…
A section of the track was electrified on the territory of the Northern Mining and Processing Complex (Metinvest Group). The expected economic effect of the innovation exceeds UAH 20 million. The railway transport department of the Northern Mining and Processing Complex implemented a project to electrify a section of the track on its own, which…
The state enterprise Navoiyuran, ranked sixth globally by uranium production volume, has released preliminary financial results for 2025, reporting record revenue and a significant increase in output. The company increased uranium production by 35% and expanded reserves by 52%, while maintaining its position as one of the world’s lowest-cost producers of natural uranium. For the…