AzerGold CJSC realized second large-scale export operation

AzerGold CJSC realized second large-scale export operation
  • Clock-gray 16:21
  • calendar-gray 29 June 2020

During the period of the coronavirus (COVID-19) pandemic, AzerGold Closed Joint-Stock Company (CJSC) has been continuing its uninterrupted activity in all areas under the shift-based working mode in accordance with the rules applied by the Task Force under the Cabinet of Ministers.

Under the existing conditions, the Joint-Stock Company has realized its second large-scale export operation via alternative transportation way, the CJSC told “APA-Economics”.

On the backdrop of sharp rise of price of precious metals, another 36 pieces of the mixed alloys containing gold and silver produced at Chovdar ore processing area have been brought up for sale after being purified in Switzerland.

As a result of the sixth export operation that took place during the current year, the funds in the total amount of $ 12,084,658.62 (AZN 20,543,919.65) gained from sale of 6,703.97 ounces of gold, and 15,273.95 ounces of silver have been attracted to the country’s economy.

Thereby, as a result of the export operations implemented during the first six months of the current year, the amount of the funds attracted to the country’s economy has risen to $ 43,250,507.23 (AZN 73,525,862.29). This means 41% growth compared to the relevant period of the last year.


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