From January to October, Uzbekistan significantly increased its exports of non-monetary gold, according to the National Statistics Committee. Gold shipments abroad amounted to $9.90 billion, representing a 49.4% increase compared to the same period in 2024 ($6.63 billion). The share of gold in the country’s export structure reached 34.1%, up from 29.2% in January-October of…
Four miners trapped in Adakhan mine in Batken region have been rescued. The collapse occurred on November 23 in Sulyukta, the press service of the Ministry of Emergency Situations reported. According to it, rescuers from the mining emergency rescue service were working at a depth of approximately 110 meters. They quickly supplied air to the…
A delegation from the joint-stock company Uzmetkombinat visited Quzhou Hang Oxygen Gas Co., Ltd., a part of the Chinese Hangyang Group. Today, Hangyang is a leader in China in the production of air separation units and industrial compressors. Globally, the company is recognized as one of the top five manufacturers in the field of cryogenic…
The European Bank for Reconstruction and Development (EBRD) is supporting further modernisation at Tashkent Pipe Plant (TPP), Uzbekistan’s leading private producer of prefabricated steel products, by extending a $20-million loan financing the expansion of the company’s production facilities. This financing will provide TPP with necessary working capital and enable it to ramp up production of…
In the first 10 months of 2025, Kumtor Gold Company (KGC) generated 80 billion soms in revenue from production activities, surpassing the planned 55.1 billion soms, the company’s press service reported. Net profit reached 36.9 billion soms, significantly exceeding the planned 13.373 billion. Budget contributions in the form of taxes and mandatory payments totaled 16.272…
Metinvest Group’s Zaporizhstal continues to implement its annual capital investment program to support production capacities and environmental protection equipment. The plant has completed a major overhaul of the main production units in the blast furnace, open-hearth furnace and hot rolling mill with a total budget of 370 million hryvnias. “The domestic mining and metallurgical complex…
New surveying equipment has been introduced at the East Zhezkazgan mine, the Zapadny mine, and the surveying department. Modern Leica TS07 R1000 5″ total stations have arrived at the sites. They combine high accuracy, reliability, and ease of use in operating mining environments. The new instruments are capable of performing reflectorless measurements at distances of…
The Ministry of Energy expresses its sincerest condolences to the family and relatives of the electrician Vadim Zhikh, born in 1980, who worked at the Ingulska mine of the state enterprise Vostocniy Mining and Processing Works and died as a result of an accident. The accident occurred at the mine on November 11, after which…