Deputy Minister of Natural Resources, Ecology and Technical Supervision of Kyrgyzstan Marat Zhusupbekov made a working visit to Ishtamberdy deposit developed by Full Gold Mining. The goal was to check compliance with environmental and mining regulations, the press service of the ministry reported. During the inspection, specialists recorded serious violations of sanitary and environmental requirements:…
The subsidiary company Makmal Gold Company, with the support of Kyrgyzaltyn OJSC, is conducting geological exploration work in order to improve economic and production indicators. Kyrgyzaltyn reported that geological exploration and drilling work was underway at the Diorite site located in the Makmal deposit area, a total of 19 wells would be drilled. The depth…
From January through May, Uzbekistan’s gold exports amounted to $6.49 billion, according to the latest data from the National Statistics Committee. This represents a 54.8% increase compared to the same period last year, when gold exports totaled $4.19 billion over five months. Gold shipments abroad began in February – there were no exports in January – but thereafter monthly…
Kyrgyzstan will start selling refined gold in the form of weighted bars to Malaysia, the press service of the President of the Kyrgyz Republic reports. The purchase and sale agreement was signed by Kyrgyzaltyn OJSC and the Malaysian company Public Gold Marketing Sdn. Bhd. during Sadyr Japarov’s visit to this country. (24.kg)
In 2025, Uzbekistan plans to attract $3.5 billion in investments into the Kashkadarya region. This was announced by President Shavkat Mirziyoyev during a meeting held on June 20 in the Kukdala district. The President noted that investment volumes in the Kasansky, Kitabsky and Chirakchinsky districts nearly doubled in the first five months of this year.…
During discussions on Armenia’s 2024 state budget execution in the National Assembly, Minister of Economy Gevorg Papoyan reported that in 2024, gold re-exports accounted for nearly 50% of the country’s total exports. Responding to a question from Armenia bloc MP Tadevos Avetisyan, Papoyan clarified that total exports in 2023 stood at $8.5 billion, or $6.8…
Over the past 10 years, gold-bearing ore production in Kazakhstan has increased 2.2-fold, Vice Minister of Industry and Construction Iran Sharkhan has said. “Metals are more than just commodities – they are tools of economic and political influence. In the face of intensifying global competition, Kazakhstan remains a pillar of stability, neutrality and predictability,” said…
Uzbekistan has maintained its position as the world leader in gold sales for the third month in a row, according to the World Gold Council (WGC). In April, global central banks increased their gold reserves by 12 tons. The largest purchase was made by Poland, acquiring 12 tons and thereby increasing its annual stockpile by…