TASHKENT, Uzbekistan, March 29. The volume of gold production at Uzbekistan's Navoi Mining and Metallurgical Company (NMMC) has increased 2.5 times since 2016, and the volume of ore processing has increased 1.6 times, Trend reports.
According to NMMC, the volume of gold production increased by 25 percent and silver production by 47 percent. The combined manufactured products were worth 67.5 trillion soums ($5.3 billion) last year, which is 3.8 percent more year-on-year.
The total payments of NMMC increased by more than 20 percent to 38.6 trillion soums ($3 billion) for the year, which provided 14 percent of the revenue part of the state budget.
The company's share in the GDP of Uzbekistan amounted to 6.3 percent, and its volume of industrial production exceeded 10 percent.
Within the framework of the investment program for 2023, the plant has developed capital investments in the amount of $473.5 million. For example, on the basis of the Pistali deposit in Nurata district, Hydrometallurgical Plant No. 6 was launched to process 4 million tons of gold-bearing ore per year.
Within the framework of the localization program, NMMC manufactured products worth 629.5 billion soums ($49.8 million), and under inter-sectoral industrial cooperation, products worth 5.5 trillion soums ($435.4 million) were purchased from local enterprises.
Meanwhile, as per data from Uzbekistan's Statistics Agency, the country exported nearly $1.3 billion worth of gold in February this year.
