AzerGold CJSC was established by decree of the President of the Republic of Azerbaijan, Ilham Aliyev, on February 11, 2015, marking the beginning of a new stage in the development of the country’s mining industry. This decision ensured significant progress in the exploration and study of ore deposits, as well as in the extraction, processing,…
AzerGold CJSC’s revenue from domestic and international sales in 2025 amounted to 431 million manats. Zakir Ibrahimov, Chairman of the Board of the company, announced this at the presentation “Rare Pearls – the Harmony of Silk and Silver.” He added that the company had attracted 1.9 billion manats to the country’s economy over its entire…
President Ilham Aliyev amended the order dated February 22, 2021, approving the composition of the Supervisory Board of AzerGold CJSC. The head of state signed the new order. According to the order, Vugar Majidli, Head of the Economic Sector Financing Department of the Ministry of Finance, who is a member of the Board, has been…
AzerGold CJSC exported $196.3 million worth of precious metals from January to October. This is reported in the November edition of the export review by the Center for Analysis of Economic Reforms and Communications. According to the Center, this exceeds the figure for the same period last year by $86.3 million, or by 78.4%. (Report)
In August, AzerGold CJSC began large-scale geological surveys at the Zod gold deposit, located in the East Zangezur economic region, in the Kalbajar district, AzerGold’s Head of Public Relations and Marketing, Ariz Tarverdiyev, told reporters. According to him, while geological exploration had previously been slow due to the phased clearance of mines and unexploded ordnance,…
A delegation from AzerGold CJSC paid working visits to the Turkish cities of Izmir and Canakkale, as well as to the capital of Kyrgyzstan, Bishkek. The visits were organized with the aim of strengthening ties with the fraternal Turkic states in the mining sector, expanding mutual investment potential, and exchanging technical expertise in the fields…
From January to August, AzerGold exported products worth $148 million, an increase of $75 million, or 2.03 times, compared to the same period in 2024. This was reported in the September issue of the “Export Review” of the Center for Analysis of Economic Reforms and Communications. Azerbaijan’s non-oil exports increased by 10.3% over the first…
AzerGold plans to produce just over 71,000 ounces of gold until the end of this year, the company’s Chairman of the Board, Zakir Ibrahimov has announced. According to him, production is ahead of schedule. Ibrahimov added that silver was mined as a supplementary product, and its production would exceed forecasts, reaching over 100,000 ounces. (Report)