In January-March, Uzbekistan exported $3.06 billion worth of gold, up by 1.4% YoY. In the first quarter of 2022, foreign supplies reached $2.4 billion, down by 17.2%. Uzbekistan supplied $4.11 billion worth of gold abroad in 2022, compared to $4.1 billion in 2021. (Uzreport/Ukrainian metal)
A criminal case has been opened on the fact of illegal gold mining in Chatkal district of Kyrgyzstan, press service of the Prosecutor General’s Office reports. “It was found out that in 2021 the officials of Chatkal forestry entered into an agreement with a LLC on the lease of a land plot at Karatyube-Buzuk deposit…
During exploration work, a new gold mine was discovered in the mountains of Marjanbulak in Jizzakh region. It is estimated that the gold reserve of the new mine is more than 175 tons. Forecasts indicate that the volume of reserves at the mine could increase by 60-70 tons. (Uzreport/Ukrainian metal)
In 2022, Kazakhstan increased gold-bearing ore extraction by 19.5% YoY, to 39.4 million tons. Concentrate output dropped by 11.9%, to 455 thousand tons. Raw and semi-wrought gold manufacture grew by 13%, to 129.6 tons. In particular, refined gold production totaled 73.2 tons, up by 9.9%. In previous years the highest output was 69.8 tons. Tau-Ken…
In January-November 2022, Kazakhstan exported 4.2 tons of gold valued at $66.9 million. In tons, this is almost as much as in the whole 2021. Revenue grew by 88%. Compared with the result of 2018, in volume exports increased by 16.6% and in revenue almost 7-fold. Last year, the structure of exports changed. While in…
A large gold deposit has been discovered in Serbia. Gold content in concentrate could exceed 93%. Additional prospecting must be carried out to determine reserves. (Ukrainian metal)
The government of Azerbaijan forecasts gold output at the level of 3.104 tons in 2023. In 2024, the output is expected to grow to 3.1235 tons, in 2025 – to 3.1415 tons and in 2026 – to 3.1545 tons. Thus, in 2026 gold output will grow by 1.6% from the 2023 level. In January-November 2022,…
According to the World Gold Council, the world’s central banks increased their gold reserves by 50 tons in November 2022. The largest buyer of the month was the People’s Bank of China, which bought 32 tons of gold, followed by the Central Bank of Turkey with 19 tons. Kazakhstan and Uzbekistan became the main sellers…
