Uzbekistan: gold exports up in January-September 2025

In January-September, Uzbekistan significantly increased its exports of non-monetary gold, according to the National Statistics Committee. The value of gold exports reached $9.9 billion, up by 70.9% YoY. Gold’s share in the country’s total exports rose to 37.1%, compared with 28.9% in January-September last year, underscoring the key role of the precious metal in Uzbekistan’s…

Kyrgyzstan: mining industry accounts for 9.5% of GDP

The mining industry accounts for 9.5% of Kyrgyzstan’s GDP, Arkady Rogalsky, a World Bank data consultant, has said. He noted that 41.2% of investment went to the mining sector, which accounted for 56.5% of the country’s industrial output. According to Rogalsky, the Extractive Industries Transparency Initiative (EITI) in Kyrgyzstan dates back to 2004, based on…

Kyrgyzstan: antimony reserves amount 16,758 tons

Antimony reserves at the North Aktash deposit totaled 16,758 tons at the beginning of 2025, Deputy Minister of Natural Resources and Subsoil Use Alisher Kurmanaliev announced at the “Dialogue on the Extractive Industry: Investment, Transparency, Development” forum. According to him, the North Aktash deposit is located 3-4 kilometers from Kadamzhay in the Batken region. In…

Kyrgyzstan: country produces over 20,000 tons of gold annually

Kyrgyzstan produces over 20,000 tons of gold annually, according to Deputy Minister of Natural Resources and Subsoil Use Alisher Kurmanaliev. According to him, gold is the main driver of the country’s mining industry. In Kyrgyzstan, 14 mining companies are developing nine primary gold deposits: Kumtor, Makmal, Solton-Sary, Jerooy, Terekkan, Ishtamberdy, Jamgyr, Karakazyk, and Taldy-Bulak Levoberezhny.…

Uzbekistan: Glokal Yevroaziya plans copper mining and processing project in Surkhandarya region

The Indian company Glokal Yevroaziya plans to launch copper mining operations in the Surkhandarya region, the regional administration reports. The head of the regional government, Ulugbek Kasymov, met with the company’s CEO, Iqbal Muhammad, to discuss plans for the development of a deposit in the Uzun district, including the extraction, purification, and processing of copper…

Azerbaijan: Baku Steel Company strengthens contribution to environmental protection

Baku Steel Company (BSC) is implementing a consistent environmental protection program aimed at increasing green spaces and preserving biodiversity. As part of the latest stage of its environmental initiative, the company planted approximately 3,000 olive trees and Eldar pine seedlings – a rare species listed in the Red Book of Azerbaijan – on a 5-hectare…

Armenia: Volnort loses 75% ZCMC stake due to unlawful conduct

Volnort company has filed a formal complaint with the International Centre for Settlement of Investment Disputes (ICSID), accusing Armenia of illegally interfering in the internal corporate affairs of the Zangezur Copper-Molybdenum Combine (ZCMC), according to Aram Orbelian, managing partner at Concern Dialog Law Firm and a specialist in international law. According to Orbelian, “as a…