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Gold production increasing in Azerbaijan

Business Materials 17 July 2019 17:35 (UTC +04:00)

Baku, Azerbaijan, July 17

By Kheyraddin Nasirzade – Trend:

Some 1,720 kilograms of gold were extracted in Azerbaijan in January-June 2019, which is 8.9 percent more than in the same period of 2018, Trend reports referring to the Azerbaijani State Statistics Committee.

Silver production in Azerbaijan increased by 20.4 percent in January-June 2019 compared to the same period of 2018. According to the statistics, the total volume of the extracted silver and concentrates reached 1,719 kilograms in January-June 2019.

Some 962.1 tons of copper ore and concentrates (44.9-percent growth) were extracted in January-June 2019.

As of July 1, 2019, finished copper ore stocks reached 158.4 tons, gold ore – 197.5 kilograms, silver ore – 629.2 kilograms.

Two companies are operating in the sphere of extraction of precious metals in Azerbaijan - Anglo Asian Mining and AzerGold state company.

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