Metals and Minerals

25.09.2020

Control system at gravel pits in Uzbekistan raises monthly revenue from 3 to 8 billion soum

After the introduction of a system for monitoring the load of trucks in gravel pits in Taylak and Akdarya regions, monthly revenue increased from 3 to 8 billion soum.

This was announced at a video conference on the implementation of the digital economy and e-government in the industries and regions of...

After the introduction of a system for monitoring the load of trucks in gravel pits in Taylak and Akdarya regions, monthly revenue increased from 3 to 8 billion soum.

This was announced at a video conference on the implementation of the digital economy and e-government in the industries and regions of...

25.09.2020

World may be running out of gold with mine production in decline

While uncertainty created by the global pandemic has sparked a surge in gold buying, analysts are raising concerns over how much of the precious metal is left to mine.

According to the World Gold Council, gold mine production totaled 3,531 tonnes in 2019, which is one percent lower than in the...

While uncertainty created by the global pandemic has sparked a surge in gold buying, analysts are raising concerns over how much of the precious metal is left to mine.

According to the World Gold Council, gold mine production totaled 3,531 tonnes in 2019, which is one percent lower than in the...

25.09.2020

Bullion, silver hit by momentary dollar frenzy

Gold fell on Thursday to its lowest level in more than two months, crippled by a robust dollar, while investors fretted over uncertainties surrounding further stimulus measures to support a sluggish economy in the United States.

Spot gold fell 0.3% to $1,857.36 per ounce at 0747 GMT. Earlier in the session,...

Gold fell on Thursday to its lowest level in more than two months, crippled by a robust dollar, while investors fretted over uncertainties surrounding further stimulus measures to support a sluggish economy in the United States.

Spot gold fell 0.3% to $1,857.36 per ounce at 0747 GMT. Earlier in the session,...

25.09.2020

Non-ferrous base metals down: blame it on the bug

Copper prices fell on Thursday as the U.S. dollar strengthened and as rising global cases of the novel coronavirus dashed hopes of a quick economic recovery.

The dollar held onto gains, making the greenback-priced metals more expensive for holders of other currencies, as signs of an economic slowdown in Europe and...

Copper prices fell on Thursday as the U.S. dollar strengthened and as rising global cases of the novel coronavirus dashed hopes of a quick economic recovery.

The dollar held onto gains, making the greenback-priced metals more expensive for holders of other currencies, as signs of an economic slowdown in Europe and...

24.09.2020

Uzbekistan exports US$5.8 billion worth of gold in January-August

Uzbekistan exported gold worth about US$5.8 billion in January-August 2020, according to the data of the State Statistics Committee.

According to the state body, gold exports increased by 47.2% compared to January-August 2019. The share of gold in the structure of Uzbekistan's exports in January-August 2020 amounted to 50%.

It should be...

Uzbekistan exported gold worth about US$5.8 billion in January-August 2020, according to the data of the State Statistics Committee.

According to the state body, gold exports increased by 47.2% compared to January-August 2019. The share of gold in the structure of Uzbekistan's exports in January-August 2020 amounted to 50%.

It should be...


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