From January to September, Azerbaijan exported $238 million worth of gold, 2.1 times more than in the same period last year. This was reported in the October edition of the export review by the Center for Analysis and Communication of Economic Reforms. In September alone, Azerbaijan exported $27.4 million worth of gold, a 45.75% increase…
In January-September, Uzmetkombinat JSC posted a net profit of 188.8 billion sums, down by 15.9% YoY. However, in the third quarter, the company demonstrated a significant profit increase, reaching 167.7 billion sums compared to 21.1 billion sums in the first half of the year. Administrative expenses fell by 27.3%, totaling 176.7 billion sums, while interest…
Primary marketable output of the JSC Almalyk Mining and Metallurgical Company in the first nine months of 2025 reached 35,349.86 billion sums. This constitutes 119.9% of the forecast. Consumer goods manufacture amounted to 6.69 billion sums (118% of forecast). During the reporting period, exports totaled $377.8 million, exceeding the forecast by 102.4%. As of the…
Work has started on a EUR 14-million iron foundry in Kohila, Rapla County. Operated by shipbuilders BLRT Grupp, the foundry will employ 70 people and will be one of the largest investments in the foundry industry in the Baltic and Finnish region. It is set to start working next year, and is seen as of…
On October 25, Russia again attacked a DTEK mine in Dnipropetrovsk region. During the attack, 496 miners were underground. All of them were safely guided to the surface. There were no injuries. According to DTEK, this is already the seventh attack on its coal enterprises over the past two months.
The State Property Fund has announced an auction to privatize the state packet of shares (97.5458%) of the Zaporizhzhia Aluminum Combine. The auction will be held on November 4 in the Prozorro.Sales electronic trade system. The bids are accepted until November 3. The starting price is 151.9 million UAH. The lot includes: – 1497 units…
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…
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…