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…
The output of gold and silver in Azerbaijan experienced a downturn in 2024. Data from the country’s State Statistical Committee indicated that the production of gold reached 2,663 kg and silver output – 3,184 kg, down by 97 kg (3.5%) and by 521 kg (14%), respectively, compared with 2023. (Trend)
MP Balbak Tulobaev appealed to President of Kyrgyzstan Sadyr Japarov at a meeting of the Committee on Agrarian Policy, Water Resources, Ecology and Regional Development of Parliament with a request to revoke the permit for mining at Dalpran gold deposit in Kemin district of Chui region. First Deputy Plenipotentiary Representative of the President in the…
Deputies of Shumkar-Uya rural district visited Jerooy gold deposit on a working trip. During the visit, they got acquainted with the production processes of Talas gold mining plant and assessed the work of the company. As part of the trip, the deputies toured the gold mill and a tailing dump. Deputies received detailed answers from…
In the period from January to November 2024 Kyrgyzstan exported 16.1 tons of gold for $1.26 billion, materials of the National Statistical Committee said. According to statistics, this is 4% more by weight and 30% more by value of the precious metal than in the same period in 2023, when 15.4 tons worth $972 million…
Azerbaijani Parliament has ratified the agreement on Soyudlu (Zod) gold mine. At a session on December 27, the bill of the Republic of Azerbaijan on adoption and approval, authorization for implementation of the “Agreement on restoration, exploration, development, share of production of gold mine of Soyudlu (Zod)” was submitted for discussion. Following the discussions, the…
Revenue from the income tax on gold mining companies amounted to more than 12.5 billion soms, the Ministry of Finance of Kyrgyzstan reported. In the first 10 months of 2024, collection of this tax reached 12,619.1 billion soms. The financiers had forecast 11,707.5 billion soms. Thus, the tax collection exceeded expectations by 911.6 million soms,…