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Economy
26/03/2012
NGMK increases gold product by 64% during Uzbekistan’s independence years
NGMK increases gold product by 64% during Uzbekistan’s independence years
Tashkent, Uzbekistan (UzDaily.com) --
Navoi Mining and Metallurgy Combine (NGMK) increase production of gold by 64% and ore processing by twofold during independence years of Uzbekistan, director-general of the enterprise Quvandiq Sanaqulov said in an interview to its newspaper Gornyak.
He said that during this period, the enterprise developed and introduced unique technologies, which allowed to increase efficiency of mining works and hydrometallurgy processing of gold-containing ores.
Sanaqulov said that the company fulfilled all production figures in 2011. The growth of ore processing made up 1.3%, ore processing at plants – 6.3%, gold production – 4%. The exports plan was fulfilled with 12.2% surplus or grew by 28% in 2011.
Quvandiq Sanaqulov said the NGMK is adopting gradual measures on intensification of work on modernization, technical and technologic re-equipment, localization of products.
In 2011, the combine implemented investment projects and launched new objects for 480 billion soums. Investment programme for 2011 envisages implementation of 27 projects for over US$230 million, he said.
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