AzerGold receives 230 million manat from Chovdar gold field

Baku. 7 December. REPORT.AZ/ The exploitation period of Chovdar gold field of Azerbaijan will be extended, said the head of AzerGold CJSC Zakir Ibrahimov, Report informs.

‘We’ll extract additional gold and silver using existing infrastructure. This will lead to a decline in the base price of our products. At the first stage of exploitation of the Chovdar gold field 450 million manat should be obtained. Of this, 230 million manat was obtained in 2016-2018. At the second stage, the revenue will make up 500 million manat’, he said.