Uzbekistan: AGMK launches Kauldy gold-processing plant in Almalyk

A new gold-processing plant, “Kauldy,” has been commissioned in Almalyk at the Almalyk Mining and Metallurgical Complex (AGMK), aimed at expanding the company’s production capacity and increasing the processing of gold-bearing raw materials. The project was implemented using the company’s internal resources. According to reports, all technological equipment and construction works were carried out using…

Uzbekistan: AGMK earns Copper Mark international certifications

The Almalyk Mining and Metallurgical Complex (AGMK) has received The Copper Mark and The Molybdenum Mark certifications issued by the Copper Mark organization, confirming compliance with international standards for responsible production of copper and molybdenum. The certification confirms that the company’s operations meet established requirements in environmental, social, and production responsibility. AGMK has become the…

Uzbekistan: Almalyk improves position in Sustainable Fitch rating

International rating agency Sustainable Fitch has affirmed the sustainability rating (Entity Rating) of Almalyk Mining and Metallurgical Complex JSC at level “3” while raising the company’s overall entity score from 56 to 59 points. The rating decision reflects the company’s systematic efforts to improve its sustainable development strategy, as well as progress achieved in environmental,…

Uzbekistan: Almalyk denies allegations of irregularities in $200-million foreign contracts

The Almalyk Mining and Metallurgical Complex (AGMK) has denied reports of possible violations in the conclusion of foreign contracts totaling over $200 million, allegations previously raised by the international investigative journalism network OCCRP. The OCCRP report suggested that some tenders might have been awarded to foreign companies exhibiting characteristics of “shell firms” registered in the…