Increase in the production and sales of AzerGold CJSC
22.10.2024
11:30
AzerGold CJSC proceeded with its production and sales operations successfully during January to September of 2024.
During this period, the Company produced 48.7 thousand ounces of gold. It means a 27 percent increase in gold production compared to the first nine months of 2023 and a 3 percent more gold production than planned. Silver production was 69.2 thousand ounces in this period.
The Company managed to sell 40.2 thousand ounces of gold and 54.7 thousand ounces of silver in local and international markets within the stated period. Consequently, 166.9 million manats were attracted to the country’s economy, which is 21 percent more compared to the same period of 2023.
The total income is 1 355 471 676 manats from the total sale of 456.5 thousand ounces of gold and 907.4 thousand ounces of silver by the Company in local and foreign markets. Out of this amount 1 290 315 319 manats is formed by export revenues, and 65 156 357 manats by domestic market sales.
AzerGold CJSC plans the production and sale of 70 000 ounces of gold this year, which means 10 percent more production and 3 percent more sale compared to 2023.
