MINEX Forum

Tag: Muruntau Mine

  • Uzbekistan’s NMMC Reports $7.23 Billion Gold Production in First Half of 2026

    Uzbekistan’s NMMC Reports $7.23 Billion Gold Production in First Half of 2026

    In the first half of 2026, Uzbekistan’s Navoi Mining and Metallurgical Company (NMMC) achieved a remarkable production of 1.51 million troy ounces of gold, valued at approximately UZS 86.2 trillion (around $7.23 billion). This achievement is attributed to the company’s ongoing commitment to substantial investments in gold mining, ore processing, and infrastructure development. The operational results reflect a robust output, with NMMC producing 1,508.8 thousand troy ounces of gold during this period.

    The company has also made significant strides in local economic development, investing $236.8 million under Uzbekistan’s Investment Programme, which has resulted in the creation of 1,008 new jobs. As part of its localization programme, NMMC produced localized products worth UZS 808.7 billion (approximately $67.8 million). Furthermore, the company engaged in inter-industry cooperation by purchasing around UZS 4.2 trillion (about $352.2 million) worth of products from local producers, thereby bolstering the domestic economy.

    NMMC is actively advancing its major investment projects, particularly the fifth stage of the second phase of the Muruntau mine development, a key asset for the company. Between January and July 2026, over 96 million cubic meters of rock were mined at this site. The company has also enhanced its operational capabilities by supplying new haul trucks and mining equipment to its Central Mining Administration’s transport division. Additionally, construction and installation of conveyor lines using cyclic-flow technology are underway at the mine, which is expected to improve efficiency.

    At the Kokpatas and Daugyztau gold deposits, construction and installation of the tailings storage facility for Hydrometallurgical Plant No. 3 are ongoing. The company has introduced new electric excavators, motor graders, and front-end loaders to enhance operations at the Daugyztau and Vostochny mines.

    Moreover, NMMC is expanding Hydrometallurgical Plant No. 7 to increase its processing capacity. While construction works for the ore preparation and screening sections have been completed, efforts continue on thickening and desorption facilities, as well as on the power-supply infrastructure. The modernization of Hydrometallurgical Plant No. 2, the company’s largest facility by production performance, is also in progress, with the launch of additional mill blocks bringing the total number of operating mills to 82.

    Lastly, NMMC is reconstructing the tailings facility serving Hydrometallurgical Plants No. 2 and No. 7, which includes the construction of new waste-storage cells, embankments, water-intake facilities, and a 21-kilometer slurry pipeline. These developments not only signify NMMC’s commitment to enhancing its operational efficiency but also reflect its dedication to sustainable mining practices in Uzbekistan.

  • Navoi Mining & Metallurgy is in the top 5 global gold leaders

    Navoi Mining & Metallurgy is in the top 5 global gold leaders

    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.