“AzerGold” sees 41% growth in revenue from export

AzerGold CJSC continues its activity uninterruptedly in accordance with the decisions and instructions of the Task Force of the Cabinet of Ministers, Report informs, citing the CJSC.

According to the CJSC, the works in production, geological exploration, construction, and other fields are carried out under the schedule.

Taking into account the sharp rise in prices of precious metals due to the coronavirus pandemic, AzerGold sent 36 gold and silver alloys were sent to Switzerland for purification and sale.

As a consequence of the export, $12,085,000 (AZN 20,544,000) came from the sale of 6,703 ounces of gold and 15,273 ounces of silver. Thus, the funds attracted to the country from export operations during the first half of 2020 increased by 41% to $43.250 million (AZN 73.526 million).