Metals watch
AU$4,581.95/ozAGEUR 1,881.10 / 2,067.90/kgCU$14,291.00/tAL$3,227.00/tNI$16,860.00/tZN$3,980.00/tPB$1,857.00/tSN$55,900.00/tAU$4,581.95/ozAGEUR 1,881.10 / 2,067.90/kgCU$14,291.00/tAL$3,227.00/tNI$16,860.00/tZN$3,980.00/tPB$1,857.00/tSN$55,900.00/t
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Navoi Mining and Metallurgical Company Debuts $1 Billion Eurobonds, Signifying Uzbekistan’s Economic Transformation

Navoi Mining's debut Eurobonds underscore Uzbekistan’s economic transformation, enhancing transparency and sustainability in the mining sector.

Navoi Mining and Metallurgical Company (NMMC), Uzbekistan’s largest gold producer, successfully issued its debut $1 billion Eurobonds, marking a breakthrough for both the company and the country in global markets. The issuance aligns with Uzbekistan’s modernization goals, reflecting NMMC’s internationalization and commitment to sustainable, transparent practices. According to Eugene Antonov, NMMC’s deputy CEO, the funds will drive operational improvements, corporate governance, and environmental sustainability, bolstering NMMC’s role in Uzbekistan’s economy and solidifying its position among global gold producers.

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