BAKU, Azerbaijan, Oct. 28
By Natavan Rzayeva - Trend:
Leading Canadian B2Gold gold mining company will invest $5 million in exploration of gold deposits in Uzbekistan by the end of 2021, Trend reports via Uzbek media.
"We are confident that these efforts will be crowned with the discovery of deposits, and the company will be able to extract gold in Uzbekistan in partnership with the Navoi Mining and Metallurgical Plant," The Vice President of Government Relations at B2Gold Neil Reeder said.
B2Gold entered Uzbek market in 2018. In 2019, $2.18 million, and more than $3 million in 2020 was invested in projects in Uzbekistan by B2Gold.
Currently, the company is engaged in geological study of three promising gold deposits in the Navoi region.