Britain’s Oxus Gold Plc’s (OXS.L: Quote, Profile, Research) Uzbek venture has doubled its forecast for gold output to 300,000 ounces by 2010 after the Uzbek government approved its plan to upgrade mining facilities, the company said.
Oxus Gold PLC said its 50% owned joint venture Amantaytau Goldfields has received approval from the government of Uzbekistan to proceed with the AGF phase 2 underground sulphides project.
Aim-listed Oxus Gold said on Thursday that a bankable feasibility study had been commissioned for an underground mine gold mine in Uzbekistan, after formal approval for the project was received from the country’s Cabinet of Ministers.
Uzbekistan has suggested on exchanging bilateral trade aiming at the creation of a bilateral ’Business Forum’ with Bangladesh, United News of Bangladesh Limited reported.
Fund for Support of Dehkan and Farms allocated about 2 billion soums of soft credits to agriculture sector in 2007, UzA reported.
KazMunaiGaz JSC is holding talks with Gazprom JSC on the increase of tariff for the transit of Uzbek and Turkmen gas”, Vice President of Kazakhstan’s national company Daniyar Berlibayev has said at a press conference in Astana on 4 December.
Tajikistan plans to purchase a total of one billion cubic meters of natural gas from Uzbekistan in 2008, it was reported on 4 December 2007, following the start of negotiations on Uzbek gas exports prices for Tajikistan in Tashkent.
Talks between the management of the Tojikgaz and Uztransgaz companies on natural gas prices, which Tajikistan is planning to buy the next year, has kicked off in Tashkent, a Regnum news agency reports.
Tashkent will host the International Uzbek textile fair on 5-6 December. The event is expected to open new perspectives for improvement of production and increase the volume and geography of exports of the Uzbek textile, UzA reported.