In February, Uzbekistan became the world’s leading gold seller, according to the World Gold Council. The Central Bank of Uzbekistan sold 12 tons of gold, taking the top spot among gold-exporting countries. Kazakhstan ranked second with 8 tons. Poland emerged as the largest buyer, purchasing 29 tons of gold. Following Poland, the next largest buyers…
Azerbaijan exported gold worth $40 million from January through February, marking a significant increase in export revenues. Data from the March issue of the “Export Review” published by the Center for Economic Reforms Analysis and Communication (CERAC) indicate that this figure represents a 5.9-fold increase compared to the same period in 2024 ($6.8 million). The…
According to US Geological Survey (USGS), China, Russia (310 tons) and Australia (290 tons) are the top gold producers in 2024, with China leading at 380 tons. Other major producers include Canada (200 tons), the U.S. (160 tons) and Kazakhstan, Mexico and Ghana (130 tons each), as well as Uzbekistan, which has increased output to…
Development of Bozuchuk site at Solton-Sary gold deposit in Naryn region will begin in 2025, the Minister of Natural Resources, Ecology and Technical Supervision of Kyrgyzstan Meder Mashiev has announced at a briefing. According to him, Chinese Zhong Ji Mining Company has completed construction of a plant at the field. “This is a subsidiary of…
In the first two months of 2025, Uzbekistan exported $1.73 billion worth of gold, according to data from the National Statistics Committee. Compared to the same period last year, gold exports increased by 31.3%. The share of gold in Uzbekistan’s total exports also grew, reaching 37.3%, compared to 36.3% in the previous year. (UzDaily)
In January, Kyrgyzstan exported 372.6 kilograms of gold worth $31.2 million, the National Statistical Committee reported. The primary buyer of the precious metal remained the United Kingdom, which received 372 kilograms of gold during this period. A small additional shipment was exported to Turkey. Compared to the same period last year, gold exports have declined…
The U.S. Embassy in Armenia has welcomed the decision to relaunch the Amulsar gold mine project. “Great news! The U.S. Embassy welcomes the agreement between Lydian and Armenia to resume the large-scale Amulsar mine project, which will bring millions of dollars in investments, create jobs and contribute to prosperity for both the United States and…
Reports circulating on social media claimed that 31 mineral deposits in Navoi region were acquired by Chinese companies. However, the Center for Subsoil Use has officially refuted these claims. According to official data, in February, 31 gold deposit sites were sold through the E-auksion platform for a total of 25.1 billion sums. As per the…
