Mining News

Almalyk MMC to increase gold output in Uzbekistan

Almalyk MMC, Almalyk Mining and Metallurgical Combine, is going to build more output facilities in order to triple its precious metals production and raise its yearly outputs of gold, silver and copper to 50 tons, 270 tons and 400,000 tons respectively.

The press service of the president in Uzbekistan said that the President of the country, Shavkat Mirziyoyev, has signed a deal to raise the gold, silver and copper output of the second biggest mining company in the country.

Almalyk MMC makes up about 20 percent of the total gold output in Uzbekistan and 90 percent of the total silver output.

The country has issued plans in order to modernize its biggest mining company earlier in the year, which is Navoi Mining and Metallurgical Plant, by raising its gold output capacity to 94 by 2026.

Source: menafn.com

 

 

 

 

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