The prestigious International analytical center Kitco, based in Canada, has recently released a list of the top 10 largest gold-producing companies worldwide for the first half of 2023. In an exciting announcement by the press service of Navoi Mining & Metallurgy Plant (NGMK), it has been revealed that NGMK has secured the remarkable 5th place, solidifying its position among the global leaders in gold production.
According to the information provided, NGMK has achieved a production of 1.425 million ounces of gold in the first half of this year, showcasing a notable increase of 2.1 percent compared to the corresponding period last year. The press service also emphasized that NGMK incorporates the Muruntau mine, which stands as one of the largest gold mines globally. Earlier, the plant’s press service had disclosed that the development of the Muruntau mine (Phase V), with an investment of $390 million, will continue in the Navoi region until 2026.
It is worth recalling that industrial gold mining commenced at this exceptional gold deposit in 1969. The development of this deposit has resulted in the creation of the world’s largest gold mining quarry, boasting impressive dimensions of 3.5 kilometers in length, 2.7 kilometers in width, and a remarkable depth of 600 meters. This underscores the magnitude and scale of the operations carried out at the Muruntau mine, further solidifying NGMK’s position as a prominent player in the global gold mining industry.
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