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Russian company to supply gold mining equipment to . Russia''s Voronezh-based "Rudgormash" company will supply gold mining equipment worth 1 billion rubles ( 15.1 million) to Uzbekistan by the end of this year, Podrobno.uz reported. Get Support And Price Online »
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Mines and gold mining operations have become increasingly geographically diverse, far removed from the concentrated supply of four decades or so ago when the vast majority of the world''s gold came from South Africa. China was the largest gold producer in the world in 2016, accounting for around 14% of total annual production.
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According to the Central Bank, the gold and foreign exchange reserves of Uzbekistan decreased by $ 511 million to $ 25.98 billion in November 2018, of which $ 14.96 billion accounted for monetary gold.
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