Gold Plot Auction Heightens Focus on Chinese Investments in Uzbekistan

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31 plots in Uzbekistan’s prime gold mining region Navoi went up for auction last month, sparking rumors and discussion about China’s growing business interests in the country.

Other companies that won plots included Neo Gold Mining (four plots, 2.7 billion soms), Zhonghuitong Mining Group (four plots, 1.13 billion soms), and Golden Diggers (three plots, 3.24 billion soms).

Xinlong Mining Drilling also took the second-most expensive plot, Sop-14/24, with a bid of 1.9 billion soms, as well as six other gold mining sites for a total of 9.1 billion soms.

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Article Details

Author / Journalist: Catherine Putz

Category: Economy

Markets: United StatesAustraliaChinaIndiaJapanKazakhstanMaliNew ZealandUkraineUzbekistan

Topics: Billion Percent Companies Chinese Mining Gold Land Plots Uzbek Uzbekistan China

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-04 @ 01:11:00 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: thediplomat.com

Language: English

Article Length: 2317 words

Reading Time: 13 minutes read

Sentences: 96 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Diplomat

News ID: 26637658

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