Bank Of Baku

AAM report: Azerbaijan increases gold, silver production

 AAM report: Azerbaijan increases gold, silver production
# 14 April 2015 11:27 (UTC +04:00)

Baku. Agshin Rafigoglu - APA-Economics. Volume of gold and silver produced from Gadabay fields has been announced.

 

According to Anglo Asian Mining plc, the gold production in the first quarter of 2015 increased 52% from 11,222 ounces to 17,193 ounces.

 

Copper production reached 182 tonnes, silver production – 1,950 ounces. As of December 31, 2015, the gold production will change in the range of 70-75,000 ounces.

 

At the same time, 17,206 ounces of gold sold during the first quarter (average price for each ounce - $1,214).

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