BAKU, Azerbaijan, March 17. Azerbaijan’s AzerGold CJSC plans to commission 10 deposits till 2029, Deputy Chairman of the Board of AzerGold CJSC Khayam Farzaliyev said during the presentation of the book entitled "Exploration of minerals and fundamentals of the mining industry", Trend reports.
Farzaliyev said that the exploration and research work is being carried out in several promising fields for this purpose.
“It is planned to commission four gold deposits, one polymetallic deposit, three copper deposits, and two iron ore deposits,” Farzaliyev said. “The company drilled 240,000 meters for the entire period of activity.”
The deputy chairman added that this is a high figure for the Azerbaijani mining industry.
“The company’s metal reserves increased by 24 times up to 4.4 million ounces in gold equivalent in 2017,” Farzaliyev said.
The presentation of the book entitled “Exploration of minerals and fundamentals of the mining industry” was held in Baku in the presence of Deputy Chairman of the Board of AzerGold CJSC Khayam Farzaliyev, Head of the National Geological Exploration Service of the Ministry of Ecology and Natural Resources of Azerbaijan Ali Aliyev and Deputy Chairman of the Board of the State Agency for the Use of Mineral Resources under the Ministry of Ecology Azer Shukurov.