Bank Of Baku

Azerbaijan decreases gold and silver production

Azerbaijan decreases gold and silver production
# 16 May 2012 14:27 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. Azerbaijan has produced 399.6 kg of gold in January-April, 2012, down 34.1% compared to a year earlier.

According to State Statistical Committee, at the same time, 291.8 kg of silver was produced during the same period, down 45.5% from year ago.

As of May 1, 2012, finished gold and silver reserves made 25 kg and 56 kg.

Totally, 691.4 kg of precious metal ores and concentrates have been produced in 2011, down 40.1% in comparison with 2011.
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