Uzbekistan resumed exports of non-monetary gold after a seven-month pause, according to data from the National Statistics Committee of the Republic of Uzbekistan. In April, the volume of gold shipments to foreign markets amounted to $1.503 billion. The figure is 27.4% lower than in April 2025, when gold exports stood at $1.91 billion. No gold…
On May 23, Tony Sage, Chairman and CEO of the American corporation Critical Metals Corp., visited Velta’s production assets in Ukraine. This is stated in a Facebook post by Velta Holding. The company notes that despite the fact that the official finalization of the deal between Velta and private financial institutions is still ongoing, the…
At Kumtor mine, 13 operators and instructors are undergoing training to work with modern Sandvik DD322i self-propelled drilling rig. This equipment is unique in that, among other mining companies in the CIS, such a digital drilling rig is currently used only at Kumtor mine. The new rig takes underground drilling operations to a completely new…
Interpipe, under the KLW brand, has delivered 9,923 railway wheels to Saudi Arabia in 10 years. Over 10 years, Interpipe has delivered 9,923 railway wheels to Saudi Arabia with a total weight of 24,883 tons and continues to develop in this market. The company noted that rolling stock in Saudi Arabia had specific operating conditions…
JSC Uzmetkombinat significantly improved its financial results in the first quarter of 2026, posting a net profit of 116.5 billion sums compared to 10.1 billion sums in the same period last year, according to corporate reporting. At the same time, the company’s revenue declined by 4.8%, to about 1.4 trillion sums. Despite this, gross profit…
Ukrzaliznytsia intends to put up for auction over 3 thousand tons of non-ferrous scrap. JSC “Ukrzaliznytsia” has prepared almost 2 thousand tons of non-ferrous scrap for sale. Of these, 1027 tons are lead, 769 tons are copper, 167.5 tons are aluminum. The volumes of available brass scrap are 25.28 tons, zinc – 5.1 tons, and…
A time capsule laying ceremony was held in the village of Nura in Alay district of Osh region, marking the launch of a major strategic project in Kyrgyzstan’s energy and logistics sector, the Ministry of Energy reported. According to the ministry, this initiative is one of the largest infrastructure steps aimed at expanding the country’s…
The First Deputy Prime Minister of Ukraine – Minister of Energy Denys Shmyhal met with the leaders of the coal industry unions. They discussed the key problems that were currently of concern to miners and the measures of the Ministry of Energy to solve them. According to the head of the Ministry of Energy, the…