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Gold deposit with 2 tons in Tashkent region sold at record price

Gold deposit with 2 tons in Tashkent region sold at record price

 An event of great economic importance was recorded in the Tashkent region. The “Terekli” site, located in the Ohangaron district and containing approximately 2 tons of gold reserves, was sold at a record price.

According to the information, on August 19, the auction held on the E-auksion electronic trading platform lasted almost 12 hours. Intense competition was observed during the bidding, and as a result, after the 377th step, the company “Toyloq Toza Hudud” was declared the winner. The company, by offering 81.79 billion soums (approximately 6.5 million dollars), obtained the right to conduct geological exploration and research work at the site. Thus, the price of the deposit increased almost 20 times compared to the starting value.

The “Terekli” site is located 9.6 kilometers southeast of the village of Shaugaz and has a total area of 65 hectares. According to specialists’ calculations, approximately 2 tons of gold reserves are present in this area. This is of great importance as a strategic resource in the country’s economy.

As for the company “Toyloq Toza Hudud”, it was registered in 2021 in the Tayloq district of the Samarkand region. Its main activity is related to the management of multi-storey residential buildings. The charter capital amounts to 67.88 billion soums, and the sole owner of the company is Bakhtiyor Marupov. He is also the founder of several other major companies such as “Afrasiab Jeans Textile”, “Puremilky Products”, “Pet Agro Oil” and “Sam Plast Works”.

It is noteworthy that previously “Toyloq Toza Hudud” mainly operated in the housing and communal services sector, but now it intends to try its hand in the gold mining industry as well. This may encourage the company to expand its activities and find its place in a new field.

It should be recalled that a day earlier, on August 20, the “Temirchi” site in the Navoi region was also put up for auction. The deposit, with estimated reserves of 6 tons of gold, was sold to the company “Zauris” for 67.8 billion soums.

The process of selling gold deposits through electronic auctions indicates that private capital is increasingly entering the sector. This contributes to strengthening competition in the economy, creating new jobs, and attracting new investments.

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News » Uzbekistan » Gold deposit with 2 tons in Tashkent region sold at record price