Around a dozen Armenian civil society organizations have sent an open letter to the European Bank for Reconstruction and Development (EBRD), expressing strong concern over the financing of the Amulsar gold mine project. They reminded the EBRD that it had adopted principles of environmental and social responsibility, meant to exclude investments harmful to people, nature…
Gnel Sanosyan, a member of the board of the Civil Contract party, has announced that he has recently been appointed as the government’s representative in Lydian Armenia. “I was appointed a few days ago,” Sanosyan added. Lydian Armenia has transferred 12.5% of its shares to the Government of Armenia. Gnel Sanosyan resigned as Minister of…
On August 19, an auction was held on the E-auksion platform for the right to conduct geological exploration at the Terekli site in the Akhangaran district of Tashkent region. The bidding lasted for 11 hours and 50 minutes, concluding after 377 rounds. The winner was Toyloq Toza Hudud, which offered 81.8 billion sums (about $6.5…
An online auction for the right to conduct geological exploration at the gold-bearing Pirali site in Navoi region was held on the E-auksion platform, according to the official website. The bidding, which began on the morning of August 21, lasted for 23 hours and 29 minutes. After 461 bids, the winner was declared as NBK…
On August 18, the electronic platform E-auksion hosted bidding for the right to conduct geological exploration at the gold-bearing Temirchi site, located in Nurata district of Navoi region. The winner was Zauris, offering 67.78 billion sums ($5.4 million) – nearly 16.5 times higher than the starting price of 4.12 billion sums. The Temirchi site lies…
An Uzbek delegation led by the Deputy Prime Minister Jamshid Khojaev held talks with representatives of China National Gold Group (CNGG) during an official visit to the People’s Republic of China. Following the discussions, Deputy Minister of Mining Industry and Geology Ulugbek Yusupov and CNGG executives signed a Memorandum of Understanding, opening new prospects for…
The Kyrgyz-Mongolian Business Forum was held in Bishkek, the National Investment Agency of the Kyrgyz Republic reported. According to it, agreements were signed, including an agency agreement between Kyrgyzaltyn OJSC and the Central Bank of Mongolia. The parties agreed to process gold-containing raw materials in the form of Dore alloy with subsequent sale. A Memorandum…
Gold from Kyrgyzstan was sold to Malaysia for the first time, materials of the National Statistical Committee showed. According to its data, 50 kilograms of Kyrgyz precious metal were sold to this country for the first time. In the first five months of 2025, gold from Kyrgyzstan was exported to Great Britain, Switzerland and Turkey.…