The Navoi Mining and Metallurgical Combine (NGMK), a major mining enterprise in Uzbekistan, has released its operational results for the first half of 2026, demonstrating robust performance across key metrics. During the six-month period, the company produced 1.508 million troy ounces of gold, solidifying its position as a significant player in Central Asia’s precious metals sector. The monetary value of total production reached 86.2 trillion Uzbek som, reflecting both strong operational efficiency and favorable market conditions for gold during the reporting period.
The company’s investment program showed substantial capital deployment, with 236.8 million dollars invested in development and expansion initiatives during the first half of 2026. This significant investment underscores NGMK’s commitment to modernizing its operations and enhancing production capacity. Additionally, the enterprise created 1,008 new jobs during the same period, contributing to employment growth in the Navoi region and supporting the broader economic development objectives of Uzbekistan’s mining sector.
NGMK has also made notable progress on its localization program, producing domestically-sourced products valued at 808.7 billion som. Furthermore, the company procured approximately 4.2 trillion som worth of products through inter-industry industrial cooperation initiatives. These figures demonstrate the combine’s strategic focus on supporting local supply chains and fostering industrial integration within Uzbekistan’s economy, while maintaining operational excellence in gold production and processing.
