The Ukrainian Metal

Azerbaijan: gold and silver output down in January-July 2026

Azerbaijan produced 1,637.4 kg of gold and 2,154 kg of silver in January-July.

Gold production decreased by 12.1% compared to the same period in 2025, while silver production decreased by 15%.

Over the past seven months, copper concentrate production in Azerbaijan amounted to 10,667.7 tons, 6.3 times higher than the same period last year.

As of August 1, the country had accumulated gold reserves of 162.5 kg and silver reserves of 600.4 kg. Copper concentrate reserves amounted to 1,908.4 tons. (Report)

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