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NEWS

Mining Industry Of Uzbekistan

www.mondaq.com
31 July 2014

 

[Extract.  Read full article by Bakhodir Jabborov here].

1. What is the nature and importance of the mining industry in your country?

Uzbekistan's mining industry is one of the country's most important and strategic industries. Uzbekistan is one of the world's largest producers of gold (ranked ninth) and of uranium (ranked seventh). Uzbekistan also produces copper, silver, coal, phosphate, molybdenum, potassium, tungsten, lead, zinc and other minerals.

2. What are the target minerals?

Uzbekistan possesses most types of minerals. Different regions focus on different minerals. For example, Navoi province is famous for its large deposits of gold and uranium and Tashkent province for copper, coal and gold deposits.

3. Which regions are most active?

The most active regions are Navoi, Samarkand and Tashkent provinces.

LEGAL AND REGULATORY STRUCTURE

4. Is the legal system civil or common law-based?

Uzbekistan's legal system is based on civil law, which is similar to the Romano-Germanic system of law.

5. How is the mining industry regulated?

Exploration and development of minerals is regulated under a number of national laws and regulations. Exploration and mining rights are granted on the basis of a subsoil-use licence awarded to the subsoil user, through tenders or direct negotiations, by the State Committee of the Republic of Uzbekistan on Geology and Mineral Resources. 

[Extract.  Read full article by Bakhodir Jabborov here].