Navoi Mining and Metallurgical Company has set an ambitious goal to implement 11 projects with a total value of $1 billion in 2024 under its ongoing Investment Program. In the first half of 2024, $363.5 million has already been allocated for these initiatives, with work on all projects currently in progress.

One of the key projects, entitled “Ore Mining at Gold Deposits Kokpatas and Daugyztau (Phase III)” reached an important milestone this week with the launch of a new, seventh mill at Hydrometallurgical Plant No. 3 (HMP-3), boosting the facility’s gold-bearing ore processing capacity from eight million tons to nine million tons per annum. The project, including the new mill, has a total cost of $281.1 million.

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Future plans include the expansion of flotation, bio-oxidation, filtration, drying, and roasting workshops, which will further increase production volumes. Coupled with the launch of the new unit, these measures will increase annual ore processing capacity to ten million tons by the end of the year.

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Equipment and spare parts for the new milling block were manufactured locally at the Company’s Navoi Machine-Building Plant and Northern Mining Administration divisions. Construction work was carried out by the Zarafshan Construction Administration. This approach demonstrates the Company’s commitment to supporting local industries while also ensuring efficiency and timely project completion.

The Press Service of the Company.