Uzbekistan’s Muruntau gold mine has ranked second on a Kitco list of the world's 10 largest gold mines.
Basing its ranking on gold extraction volumes in 2022, base metals website Kitco said the mine, located in Uzbekistan’s Navoi region, was runner-up to Indonesia's Grasberg mine. Muruntau took first place in 2020 and 2021.
Muruntau’s extraction tonnage was approximately 53.1 tonnes last year, the ranking showed.
The mine stretches over a length of more than 3.3 kilometres, spans 2.5 km in width and reaches a depth of nearly 600 metres. The gold reserves and resources of Muruntau surpass 4,687.5 tonnes.
The Eurasian Development Bank (EDB) has received a first-time long-term credit rating of 'Ag' from Hong Kong-based China Chengxin Credit Ratings Company (CCXAP), with a stable ... more
Shavkat Mirziyoyev, Uzbekistan's president, began a two-day official visit to Belarus on July 7 at the invitation of Alexander Lukashenko, in the latest sign of Minsk's push to broaden its ... more
Freedom Holding Corp (Nasdaq: FRHC) slightly more than doubled its net income to $153.3mn in its fiscal year to March 31 from from $76.2mn in the previous fiscal 12 months, the international ... more