NGMK
Articles
NGMK Plans to Increase Gold Production by 30% by 2030 with Annual Investments of Up to US$600 Million
The Navoi Mining and Metallurgical Company (NGMK) plans to increase its gold production by 30% over the next five years, Bloomberg reports.
NGMK prepares for IPO and could become the world’s fourth-largest gold producer
Navoi Mining and Metallurgical Company JSC (NGMK), Uzbekistan’s largest state-owned mining enterprise, is preparing for an initial public offering (IPO) that could make it the world’s fourth-largest publicly traded gold producer, Bloomberg reports.
NGMK issues US$500 million bonds on London Stock Exchange
Navoi Mining and Metallurgical Company JSC (NGMK) has successfully placed five-year corporate bonds worth US$500 million on the London Stock Exchange, with an annual coupon rate of 6.75%, according to the company’s press service.
NGMK and AGMK lead in tax payments for 2024
The Tax Committee of Uzbekistan has published the list of the top 20 largest taxpayers in the country for 2024.
NGMK produced goods worth 93.9 trillion soums in 2024
Navoi Mining and Metallurgical Company (NGMK) produced goods worth 93.9 trillion soums in 2024, representing a 5.3% increase compared to 2023.
Ministry of Economy and Finance becomes sole shareholder of NGMK
The Ministry of Finance of Uzbekistan has become the sole shareholder of the Navoi Mining and Metallurgy Company (NGMK).https://uzdaily.uz/en/ngmk-produced-1517-million-ounces-of-gold-in-in-1h-2024/
NGMK produced 1.517 million ounces of gold in in 1H 2024
The Navoi Mining and Metallurgical Combinat (NGMK) increased its gold production by 7% in the first half of 2024 compared to the same period in 2023, reaching 1.517 million ounces, according to the company's press …
NGMK signs US$150 million loan agreement with MUFG
Navoi Mining and Metallurgical Combinat (NGMK) has signed a loan agreement worth US$150 million with Mitsubishi UFJ Financial Group, Inc. (MUFG).
Navoi Mining and Metallurgy Combine to allocate 14.4 trillion soums for dividend payments
The Navoi Mining and Metallurgy Combine (NGMK) will allocate 14.4 trillion soums from its net profit for 2023 to dividend payments. This decision was made at the company’s annual general meeting of shareholders.