Tashkent, Uzbekistan (UzDaily.com) — The Navoi Mining and Metallurgical Combine (NGMK) will invest over US$23 million in expanding the Muruntau mine, the world’s largest open-pit gold mine, according to a report on the company’s LinkedIn page.

These investments will increase the transportation capacity by 27 million cubic meters of ore annually.

As part of the project, NGMK will allocate more than US$8.2 million for the development of infrastructure and conveyor systems, enhancing transportation capabilities by 15 million cubic meters each year. The project includes the installation of new conveyors, electrical networks, and extending the conveyor unloading line by 1,100 meters.

Additionally, US$15.3 million will be invested in constructing a second conveyor line 1,000 meters long, which will further boost transportation capacity by 12 million cubic meters per year.

All conveyor components are being manufactured at NGMK’s local plant, underscoring the company’s commitment to sustainable development and support for local industry.