AzerGold becomes one of leading public sector exporters in Azerbaijan
BAKU, Azerbaijan, Jan. 4
By Fidan Babayeva - Trend:
Azerbaijan’s AzerGold closed joint stock company became one of the leaders in the state sector in terms of export from Azerbaijan from January through November 2020, Trend reports referring to "Export Review" of the Azerbaijani Center for Analysis of Economic Reforms and Communication.
AzerGold exported the products worth $99.8 million from Azerbaijan from January through November 2020.
The export of AzerGold products increased by 26.3 percent or by $20.8 million.
In accordance with the order of the Azerbaijani president dated August 6, 2020, AzerGold CJSC has begun geophysical research and geological exploration within the preparation of the primary assessment document for the re-commissioning of the Dashkesan iron ore deposit.
The deposit with reserves in the volume of 350 million tons of ore was constantly operated from 1954 through 1994, during which 92 million tons of minerals were extracted.