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 a new order in this regard. According to the order, Mehman Ismayilov, head of the Ministry of Finance’s Investment Projects and Infrastructure Financing Department, has been replaced on the Supervisory…
AzerGold CJSC has moved to the next stage of development at the Soyudlu (Zod) deposit, considered the largest gold deposit in the Caucasus. The first drilling and blasting operations were successfully completed as part of the mine’s preparation for production. The first blast was carried out in accordance with the approved technical design and safety…
AzerGold CJSC exported $156.4 million worth of products from January to July. This was stated in the August issue of the “Export Review” of the Center for Analysis of Economic Reforms and Communications. Represents a $31.3 million, or 25%, increase compared to the same period in 2025. (Report)
AzerGold CJSC exported $126.6 million worth of products from January to June. According to the July edition of the Export Review of the Center for Analysis of Economic Reforms and Communications, this represents a 26.2% increase compared to the same period in 2025. In the first six months of 2026, Azerbaijan’s non-oil and gas exports…
The Azerbaijani state company AzerGold plans to establish a joint venture to conduct geological exploration work and evaluate promising subsoil areas in Uzbekistan. This was announced by the Chairman of the Board of the company, Zakir Ibrahimov. According to him, a framework agreement signed in June between AzerGold and the Ministry of Mining Industry and…
AzerGold CJSC exported $107.6 million worth of products from January to May. According to the June edition of the Export Review of the Center for Analysis of Economic Reforms and Communications, this represents an increase of $25.7 million, or 31.4%, compared to the same period in 2025. (Report)
In order to fulfill the instructions arising from Decree No. 649 of President Ilham Aliyev dated April 20, which provides for the transfer of several limestone and sand-gravel deposits located in the Garadagh district of Baku, and the Absheron, Zagatala, Balakan, Oguz, and Imishli districts to AzerGold CJSC, a task force has been established within…
President Ilham Aliyev amended the decree on improving subsoil use, transferring several deposits to AzerGold. The head of state signed a new decree amending the document “On improving activities in the field of subsoil use (except for the oil and gas sector) and amending certain decrees and orders of the President.” According to the amendments,…