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Tag: Uzbekistan

Global collaboration on critical raw materials: EU and partners forge ahead

A new global forum aims to enhance cooperation in critical raw materials, essential for the world's green and digital transitions. Led by the European...

EU and Uzbekistan sign strategic partnership for critical raw materials

Today, the European Union and Uzbekistan solidified their collaboration by signing a Memorandum of Understanding (MoU), initiating a strategic partnership focused on critical raw...

Navoi Mining and Metallurgical Company: Driving Uzbekistan’s economic growth

In 2023, Navoi Mining and Metallurgical Company (NMMC) played a significant role in Uzbekistan's economy, contributing 6.4% to the GDP and accounting for 10.3%...

Exploring mining sector collaborations: British delegation holds discussions in Uzbekistan

On a crisp February morning, a team of British experts embarked on a significant journey to Uzbekistan, marking a pivotal moment in the annals...

The gold mine has been through four stages of development since it was founded and a fifth development phase is currently underway

The Muruntau gold mine, located in the Qizilqum (aka Kyzyl-Kum) desert in Uzbekistan, is the world’s biggest open-cast gold mine. Discovered in 1958, surface...

Russia to provide 712 million Euro loan for construction of copper processing plant in Uzbekistan

Russia's State Development Corporation VEB.RF will finance supply of Russian equipment for the largest copper processing plant in Uzbekistan. A 712 million Euro loan agreement...

Uzbekistan’s Navoi increased net profit in 2020

Uzbekistan’s state-owned mining company Navoi is currently preparing its gold business for the privatization. The company reported that the company’s net profit from gold...

Roadmap for Uzbekistan’s privatization of mining assets

Uzbekistan’s government sees the path to achieve economic growth by attracting more private funding to the economy, hence the government needs to sell mining...

Multi-metal mining opportunities of Central Asia

Since the collapse of the Soviet Union, only a few dozen mines continue to be developed in Central Asia (Kazakhstan, Tajikistan, Uzbekistan, Kyrgyzstan, etc)....
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