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AzerGold participates in UIMF 2026 international forum

28 October 2026 16:05 (UTC +04:00)

AzerGold CJSC was represented at the 8th International Mining and Metallurgy Forum – UIMF 2026, held in Tashkent, the capital of Uzbekistan, AzerGold told APA-Economics.

The forum, held on October 27–28 under the slogan “From Resources to Global Opportunities,” was organized with the organizational support of the Ministry of Mining Industry and Geology of the Republic of Uzbekistan and the Metallurgical Association, in partnership with Congresses of Central Asia (CCA).

The event was attended by more than 40 speakers and moderators from 19 countries and over 500 delegates, including representatives of leading government institutions and companies from various countries.

At the main plenary session of the event, titled “New Resource Architecture for Central Asia,” Deputy Minister of Mining Industry and Geology of the Republic of Uzbekistan Ural Yusupov, Ambassador Extraordinary and Plenipotentiary of Canada to Uzbekistan Christopher Duggan, as well as representatives of local and foreign mining companies, delivered speeches.

Speaking at the plenary session, Ilyas Ismayilli, General Director of AzerGold Uzbekistan LLC with Foreign Investment, a subsidiary of AzerGold CJSC in Uzbekistan, provided information about the developing strategic partnership in the mining industry and joint projects planned for implementation.

I. Ismayilli emphasized the significance of establishing AzerGold CJSC's first subsidiary outside Azerbaijan specifically in Uzbekistan. He stated that the high-level relations based on friendship and mutual trust between the heads of state – President of the Republic of Azerbaijan Ilham Aliyev and President of the Republic of Uzbekistan Shavkat Mirziyoyev – provide a strong impetus for the development of cooperation between the two countries in all areas, as well as the implementation of large-scale joint projects.

During the speech, detailed information was also provided about the project planned to be implemented by the new company in Uzbekistan. It was noted that, at the initial stage of the joint development project of the Akba gold deposit, located in the Kitab district of Kashkadarya region, additional geological exploration, assessment of mineral resources in accordance with international standards, metallurgical testing, and environmental studies are planned. If the results of geological exploration are positive, the establishment of a joint venture and the commencement of exploitation of the deposit are envisaged.

In addition, discussions are underway regarding geological studies of gold and rare earth elements in the promising Toshmachit, Boshtut, and Boboshil areas located in Navoi region by AzerGold CJSC, as well as opportunities for joint geological exploration and development of other mineral deposits of mutual interest located in Azerbaijan and Uzbekistan.

It was noted that favorable opportunities exist for expanding cooperation through new joint projects in the future. The accumulated experience and developing partnership ties may also lay the groundwork for joint activities in third countries in the future.

Within the framework of the forum, successful investment models for ensuring sustainable economic development in Central Asia, strengthening the region's position as an industrial hub, and resource security issues were widely discussed. In addition, views were exchanged on the formation of value-added production chains and opportunities for access to new markets.