Azerbaijan exported $271.2 million in gold from January to August, an increase of 28.7% compared to the same period in 2025. This was reported in the September edition of the Export Review, published by the Center for Analysis of Economic Reforms and Communications. In August, gold exports amounted to $36.8 million, up by 15.4% YoY.…
Over the past 10 years, AzerGold CJSC has discovered two new gold deposits, commissioned four gold mines and one regional industrial complex, and established new business lines, significantly expanding the company’s mining, production, and revenue capabilities. AzerGold Chairman of the Board Zakir Ibrahimov made this statement at a press conference. According to him, as a…
A Chinese investor has identified 4 tons of gold reserves across 200 hectares at the Urusay deposit in Karauzyak district of Karakalpakstan after investing $33 million in the project, including investments and technology, President of Uzbekistan Shavkat Mirziyoyev has said at a meeting on the socio-economic development of the region in Nukus. Mirziyoyev said 320…
Between January and July, Azerbaijan increased its gold exports 20.8-fold in value terms, teaching $3.7078 billion, and 8.5-fold in volume terms, to 24,517.2 kg. The exports consisted of gold in unwrought and semi-wrought forms. Specifically, this category includes ingots, bars, wire, profiles, plates, sheets, strips, and ribbons with a thickness exceeding 0.15 mm (excluding the…
Kazakhstan-based company Ushtagan Refinery plans to build a gold processing plant at the Ushtagan deposit in the Pavlodar region, according to the regional Department of Subsoil Use, Environment, and Water Resources. The planned investment totals 22.5 billion tenge ($50 million). The facility is expected to produce 861 kilograms of gold annually. Construction is scheduled to…
Azerbaijan exported $239.4 million in gold from January to July. This is a 33.9% increase compared to the same period in 2025. In July, Azerbaijan exported $37.2 million in gold, a 9.7% YoY increase. (Report)
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…
Azerbaijan reduced gold production by 12.1% YoY, to 1,637 tons in January-July, the State Statistics Committee reported. Silver production decreased by 15%, to 2,154 tons. Gold mining in Azerbaijan is carried out by Anglo Asian Mining and AzerGold. (The Moscow Times)