Metals watch
AU$4,037.70/ozAGEUR 1,592.60 / 1,751.00/kgCU$13,810.00/tAL$3,192.00/tNI$17,165.00/tZN$3,685.50/tPB$1,859.00/tSN$54,250.00/tAU$4,037.70/ozAGEUR 1,592.60 / 1,751.00/kgCU$13,810.00/tAL$3,192.00/tNI$17,165.00/tZN$3,685.50/tPB$1,859.00/tSN$54,250.00/t
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Companies & Organisations

Navoi Mining and Metallurgical Combine Produces Gold Worth $2.2 Billion in Q1 2025

Navoi Mining produced over 750,000 ounces of gold and cut costs by nearly $62 million in Q1 2025.

In the first quarter of 2025, the Navoi Mining and Metallurgical Combine (NMMC) produced goods worth 27.8 trillion Uzbek soums (approx. $2.2 billion), according to the company’s press service.

From January to March, NMMC extracted 753,500 ounces of gold. The combine also invested $118.4 million under its investment program and created nearly 700 new jobs. Through cost optimization efforts, the company managed to reduce production costs by 786 billion soums.

During the reporting period, the combine completed the feasibility study for operations at the Muruntau deposit. This project aims to increase ore supply to the second hydrometallurgical plant to 60 million tonnes.

In addition, over 100 units of equipment were acquired to support development at the Kokpatas and Daugyztau deposits.

Previously, Kursiv Uzbekistan reported that NMMC received the highest rating for its anti-corruption performance.

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