Bank Of Baku

AzerGold to earn $20M from sale of gold and silver

AzerGold to earn $20M from sale of gold and silver
# 11 May 2017 08:51 (UTC +04:00)

AzerGold has put up 16,100 ounces of gold and 23,700 ounces of silver for sale in the international stock market.

 

The company is expected to earn about $20 million.

 

AzerGold plans to sell 160,000 ounces of precious metal in total by the end of this year. Of this, 70,000 ounces will make up gold, 90,000 ounces – silver. This will bring $85 million to the country.

 

AzerGold was established upon the President Ilham Aliyev’s order dated February 11, 2015. 

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