AzerGold, the State Closed Joint Stock Company, has announced that it has exported 361.9 thousand ounces of gold and 723.5 thousand ounces of silver since its establishment on February 11, 2015. According to the CJSC statement, the export of gold and silver has generated earnings of 1,007 million manats ($592 million). Additionally, the company sold 11.5 thousand ounces of gold and 77 thousand ounces of silver, earning 35 million manats from the domestic market. In February of this year, AzerGold initiated production activities at the Tulallar gold deposit, located within the administrative territory of the Goygol district. Tulallar is the fourth gold deposit commissioned by AzerGold, with the aim of expanding the extractive industry's volume and utilizing the rich mineral resource potential of the republic for sustainable development. This development is expected to contribute significantly to the country's socio-economic progress. To optimize the use of resources and enhance economic efficiency, AzerGold plans to extract resources from the Tulallar gold deposit at the Chovdar integrated regional processing site (CHIRUP) in Dashkesan district. The extraction process will involve the use of vat leaching, for which the capacities of the Carbon in Leach (CIL) plant, currently under construction and set to be completed this year, will be employed. By integrating the Tulallar deposit into CHIRUP, the overall project will extend the operational cycle of the regional processing site and bolster the sustainability of socio-economic development in the Ganja-Dashkesan economic region. AzerGold CJSC has ambitious plans for the future, intending to bring a total of 10 fields into operation by 2029.

Source: Turan News Agency