In August, AzerGold CJSC began large-scale geological surveys at the Zod gold deposit, located in the East Zangezur economic region, in the Kalbajar district, AzerGold’s Head of Public Relations and Marketing, Ariz Tarverdiyev, told reporters. According to him, while geological exploration had previously been slow due to the phased clearance of mines and unexploded ordnance,…
Rare earth metals (REMs) are a group of 17 elements that occur naturally in dispersed form and rarely form highly concentrated deposits. The role of these exotically named substances is extremely practical: without them, the modern economy cannot function. REMs are essential for the production of high-performance magnets, batteries, lasers, microchips, and military electronics. Each…
The ministers responsible for mining and geology of Uzbekistan and Kazakhstan held a working meeting to discuss prospects for expanding bilateral cooperation in the sector. During the talks, Uzbekistan’s Minister of Mining Industry and Geology Bobir Islamov and Kazakhstan’s Minister of Industry and Construction Yersayin Nagaspaev reviewed the current state of cooperation between the two…
In January-October, Ukraine increased imports of copper and copper wares by 27.4% YoY, to $148.05 million. Copper exports grew by 15.1%, to $84.02 million. In October, copper imports amounted to $14.46 million and exports – $12.91 million. (Ukrainian Metal)
The state enterprise Navoiyuran reported a significant rise in profit amid strong activity in the uranium market. In the first nine months of 2025, the company’s net profit reached 3.7 trillion UZS, marking a 28.6% increase compared to the same period last year. The third quarter showed particularly strong growth, with profit jumping by 149.2%,…
On November 11, an accident happened at the Ingulskaya mine of the state enterprise Vostochiy Mining and Processing Works. A breakthrough of the hydraulic filling mixture occurred in the underground workings of the depleted block and the horizon was flooded. Four employees of the private enterprise Svitex were at the site at the moment. Two…
On November 12, Minister of Mining and Geology Bobir Islamov held a working meeting with a delegation from China Coal Resources Development Group led by its head, Liu Guosheng. During the talks, the parties discussed ways to improve the efficiency of coal extraction and processing through modern technologies, the introduction of advanced innovative solutions, and…
Summarizing the Karaganda region’s socio-economic performance in January-September, akim (governor) of the region, Yermangabet Bulekpayev, said that industrial output in the region had reached 4 trillion tenge. He noted that the region now planned to give a fresh impetus to its mining and metallurgical industries. “Qarmet is modernizing its production with investments totaling 1.6 trillion…