Kyrgyzstan: Kara-Balta to produce gold bars

A gold bar production workshop is expected to be opened in Kara-Balta city as part of a state project, the city mayor Milan Zhekshenov has announced. According to him, the construction and reconstruction of the building of the workshop have been fully completed – the area of ​​the facility is 1,500 square meters. The total…

Kyrgyzstan: gold exports up in H1 2024

Kyrgyzstan increased gold exports by 18.75% YoY in the first half of 2024, to 5.7 tons. In value terms, exports amounted to $405 million. In the first half of last year, 4.8 tons of gold were exported for $302 million. The main deliveries were to: Great Britain – more than 2.8 tons for $212 million,…

Uzbekistan: gold exports down in H1 2024

Uzbekistan exported gold worth $4.1 billion from January through June. According to the data from Uzbekistan’s Statistics Agency, this figure has decreased by 4.6% YoY. Meanwhile, the total volume of Uzbekistan’s goods and services exports amounted to $12.9 billion from January through June, up by 4.8%. The gold holds the country’s majority of reserves, totaling…

Uzbekistan: gold sales down in May 2024

In May, central banks globally bought 23 tons of gold and sold 12 tons. Kazakhstan was the biggest seller, offloading 11 tons. Poland led buyers with 10 tons, followed by Turkey with 6 tons and India with 4 tons. Uzbekistan’s central bank didn’t sell any gold in May after selling 1 ton in April. Thus,…

Kyrgyzstan: gold not to be mined at Shambesai

Gold will not be mined at Shambesai, President of Kyrgyzstan Sadyr Japarov has said. The president was in Kadamdzhai district of Batken region. There he met with local residents on the issue of development of Shambesai gold field. Sadyr Japarov said that an end had been put to this issue. “Now let’s forget about this…