According to data issued by the U.S. Geological Service, in 2023, 130 tons of gold were mined in Kazakhstan and 100 tons in Uzbekistan.
Kazakhstan’s volume increased by 15 tons compared to 2022, whilst Uzbekistan’s decreased by 4 tons. Russia produced 310 tons of gold, equivalent to that mined the previous year. Worldwide, 3,600 tons of gold were produced in 2023, 60 tons less than in 2022. The U.S. Geological Survey has yet to release the latest estimate of gold production in Kyrgyzstan but according to data, the country mined 25.3 tons in 2022.
As of September 1, Uzbekistan’s international reserves reached $39.15 billion; a record indicator since data disclosure began in 2018. The National Bank of Kazakhstan counts the country’s gold and foreign exchange reserves in February 2024 at $36.1 billion. In 2014, this indicator was at $26.05 billion, meaning that over the past ten years, the volume of gross international reserves has increased by $10 billion (+38.6%).
