NGMK to replace equipment for US$31m in 2014
19/02/2014 16:22
NGMK to replace equipment for US$31m in 2014
19/02/2014 16:22
Tashkent, Uzbekistan (UzDaily.com) -- Navoi Mining and Metallurgy Combine (NGMK) will direct US$30.7 million to replacement of old equipment in 2014, RIA Novosti reported quoting source in the company.
The programme of replacement of old equipment envisages to update about 200 units of equipment at mining and processing shops.
In particular, it is planned to replace two milling blocks, continue to reconstruct shop of regeneration and replaces components of sorption systems.
The combine has been implementing equipment replacement programme since 2007 and this is third stage. By 2015, the programme will help to decrease lost of raw materials by 15% and expenses by 10%. The programme is financed due to own resources of NGMK.
NGMK is a main producer of gold and a monopoly producer of uranium in Uzbekistan.
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