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Uzbekistan increases gold production by 4.1% in 2014

Business Materials 13 February 2015 18:55 (UTC +04:00)

Tashkent, Uzbekistan, Feb.13

By Demir Azizov- Trend:

Uzbekistan increased gold production by 4.1 percent in 2014 compared with 2013 - up to 102 metric tons, according to the United States Geological Survey (USGS).

As a result, Uzbekistan has moved from eighth to seventh place in the ranking of countries that are producers of precious metal.

Some 2,860 metric tons of gold were produced in the world in 2014, which is 60 metric tons more than in 2013, according to the USGS.

The top three countries on world production included China (430 metric tons), Australia (265 metric tons) and Russia (230 metric tons).

In Uzbekistan, the data on mining, production and export of gold are not published.

Gold mining and production in the country is carried out by Navoi and Almalyk Mining and Metallurgical Combines.

At the end of 2011, some 63 deposits of gold were discovered in the country, more recent data are not disclosed. The explored and confirmed reserves of gold in Uzbekistan are more than 2,500 metric tons, according to experts.

Edited by CN

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