From January through May, Uzbekistan’s gold exports amounted to $6.49 billion, according to the latest data from the National Statistics Committee. This represents a 54.8% increase compared to the same period last year, when gold exports totaled $4.19 billion over five months. Gold shipments abroad began in February – there were no exports in January – but thereafter monthly…
The state enterprise Navoiyuran has successfully issued $300 million in Eurobonds on the London Stock Exchange, setting a record for the lowest coupon rate ever achieved by an Uzbek issuer. This move aligns with the objectives outlined by President Shavkat Mirziyoyev during a videoconference held on January 16, which focused on attracting investments and enhancing…
Kyrgyzstan will start selling refined gold in the form of weighted bars to Malaysia, the press service of the President of the Kyrgyz Republic reports. The purchase and sale agreement was signed by Kyrgyzaltyn OJSC and the Malaysian company Public Gold Marketing Sdn. Bhd. during Sadyr Japarov’s visit to this country. (24.kg)
In January-May, Ukraine decreased iron ore exports by 12.8% YoY, to 13.54 million tons. According to the State Customs Service, China was the main customer, having imported 7.06 million tons, down by 4.3%, followed by Slovakia (1.99 million tons, -8.8%) and Poland (1.93 million tons, -5.6%). In May, Ukraine exported 2.39 million tons of iron…
On June 26, the Ministry of Investment, Industry and Trade of the Republic of Uzbekistan hosted a roundtable chaired by Minister Laziz Kudratov, dedicated to the establishment of the “Uzbekistan Metallurgy Association”. The event brought together representatives from around twenty leading metallurgical enterprises across the country, as well as officials from relevant ministries and government…
Russia has captured the second of four lithium deposits in Ukraine, which is situated in Shevchenko of Donetsk region and is considered the most prominent. Russia reports the full control of the settlement, while the Deep State confirms only the capture of a considerable part, but the deposit itself, opened in 1982 and occupying 40…
On June 24, on the eve of the state visit of the President of the Republic of Uzbekistan Shavkat Mirziyoyev to Mongolia, the Minister of Mining Industry and Geology of Uzbekistan Bobir Islamov held a working meeting with Sanjaagiin Narantsogt, Director General of the Mongolian state-owned company Erdenes Mongol. During the talks, the parties discussed…
The Verkhnyodniprovsk City Council is terminating the land rent agreement for the Malyshevskoye deposit, where the northern part of the Motronovskiy Mining and Processing Works’ quarry of zirconium-rutile-ilmenite sands is situated. The company has to return to the city council the land plot with the size of 155.7 ha. Moreover, the company has to pay…