» AUCC INTRO

The American-Uzbekistan Chamber of Commerce (AUCC) seeks to promote trade and investment ties, cultural exchanges and bonds of friendship between the United States of America and the Republic of Uzbekistan. In performing these functions, the AUCC places primary emphasis on serving the needs and interests of its members.

» Congratulatory Letter from President Islam A. Karimov on the AUCC 20th Anniversary


» For English Translation,
please click here

» Congratulations from Vincent C. Gray, Mayor of the District of Columbia

Interview with AUCC Chairperson Carolyn Lamm Before 2012 Uzbekistan-US Annual Business Forum

Get Flash to see this player.

» AUCC events

» Contact us

NEWS

Uzbekistan the world's seventh largest gold producer

www.timesca.com
19 February 2015

Uzbekistan produced 102 tons of gold in 2014 and became the world’s seventh-largest gold producer.

Last year Uzbekistan increased its gold production by 4.1 percent compared to 2013, up to 102 tons, according to the United States Geological Survey (USGS), and has moved from eighth to seventh place among the world’s gold producing countries.

At current gold prices, 102 tons of gold would bring more than billion to Uzbekistan.

Some 2,860 metric tons of gold were produced in the world in 2014, by 60 tons more than in 2013, according to the USGS.

The top five countries in terms of gold production in 2014 included China (430 tons), Australia (265 tons), Russia (230 tons), the United States, and Peru.

Uzbekistan does not disclose its gold production and export figures.

According to foreign sources, in 2013 Uzbekistan produced 98 tons of gold (8th place in the world) and in 2012 — 90 tons (9th place).

Uzbekistan holds the world’s fourth-largest recoverable gold reserves.

Gold is mined in Uzbekistan by the Navoi and Almalyk Mining and Metallurgical Plants.

As of the end of 2011, some 63 deposits of gold were discovered in Uzbekistan, more recent data are not disclosed.

The explored and confirmed reserves of gold in Uzbekistan stand at more than 2,500 metric tons, according to experts.

The Fergana information agency earlier reported that in August 2014, Switzerland imported 21.536 tons of Uzbek gold.