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Tag Archives: AzerGold

Azerbaijan: AzerGold completing buyout of foreign contractors’ shares in precious metals deposits

AzerGoldBy admin14.05.2018Leave a comment

AzerGold State Company is completing the procedure of buying out the share of foreign contractors in some mines and deposits in Azerbaijan, said Zakir Ibrahimov, Chairman of the Management Board of the Company. “Works on handover and acceptance with the founding companies of the operating company AIMROC are at the final stage,” Ibrahimov said. In…

Azerbaijan: roadmap for integrated development of mining industry to be created

AzerGoldBy admin27.04.2018Leave a comment

AzerGold closed joint stock company intends to work out a strategic roadmap for integrated development of the mining industry in Azerbaijan, Zakir Ibrahimov, chairman of board of AzerGold CJSC, said. “We intend to work out a strategic roadmap that will reflect a number of key tasks to develop the mining industry in Azerbaijan, as well…

Azerbaijan: AzerGold choosing contractor for prospecting drilling

AzerGoldBy admin26.02.2018Leave a comment

AzerGold is looking for a contractor to carry out prospecting drilling. According to the company statement, the selection will be based on the results of an open tender. The cost of participation is 250 manats. The company accepts offers until April 13. The tender will be held on April 16. AzerGold was created on February…

Azerbaijan: AzerGold looking for transportation and ingot delivery services

AzerGoldBy admin16.01.2018Leave a comment

AzerGold is looking for a company to provide transportation and precious metals ingots delivery services. The company will be chosen at the open tender. The cost of participation is 250 manats. All the offers are accepted through February 26. The tender will be held on February 27. AzerGold was created by the decree of the…

Azerbaijan: export of precious metals yields 121 million manats

AzerGoldBy admin28.12.2017Leave a comment

AzerGold CJSC exported 60,552 ounces of gold and 86,806 ounces of silver in April-December, the company said in a message on December 27. The export of precious metals brought an income of 121 million manats to Azerbaijan’s economy. Having successfully passed the procedures of KYC (Know Your Customer) and due diligence required by international refining…

Azerbaijan: AzerGold to finish above ground development of Chovdar in 2020

AzerGoldBy admin28.12.2017Leave a comment

In 2020 AzerGold plans to finish the above ground (oxide) development of its Chovdar deposits. After that, in 2021, the underground development stage will begin. Soon the company will also start drilling at the Ortakend site of the Goydag-Alindzha ore field. (Ukrainian metal)

Azerbaijan: AzerGold to use 181 thousand mantas on EPR system

AzerGoldBy admin17.11.2017Leave a comment

AzerGold has signed an agreement with Enterprise Solutions Consulting Group LLC for the creation of the Enterprise Resource Planning (ERP) system. The cost of the contract is 180.76 million mantas. AzerGold was created on February 11, 2015. It is developing Garadag, Chovdar, Geydag, Dagkesemen, Kokhnemeden iron- and gold-bearing sites as well as the Kyuryakchay basin.…

Azerbaijan: AzerGold buys crucibles for non-ferrous metals smelting

AzerGoldBy admin30.10.2017Leave a comment

AzerGold is looking for suppliers of crucibles for non-ferrous metals smelting. The cost of the participation in the competition is 100 manats. The company is accepting offers until December 13. The tender procedure will be carried out on December 14. AzerGold was created on February 11, 2015. (Ukrainian metal)

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