The volume of Azerbaijan’s gold and silver mining industry increased by 23% and by 72% YoY respectively in January-March, the State Statistics Committee reported.
Thus, gold mining increased by 23%, to 948.3 kg, while silver mining amounted to 1,193 kg (+73%). The extracted gold and silver have been transferred for processing.
As of April 1, the reserves of mined silver in the warehouses of manufacturing companies were 34.9 kg.
Presently, two companies – AzerGold and Anglo Asian Mining – are operating in the sphere of mining of precious metals in Azerbaijan. (AzerNews/Ukrainian metal)