AzerGold transferred over AZN 5 million to State Budget for Jan-Jun


July 24, Fineko/abc.az. AzerGold has conducted an online meeting on the results of the 1st half of this year.

ABC.AZ reports that at the meeting AzerGold’s chairman of board Zakir Ibragimov noted that for the past 6 months AzerGold extracted 28,500 ounces of gold and 62,000 ounces of silver from Chovdar field in Dashkesan district. And thus, compared with the same term of 2019, the production of gold increased by 20.3% and silver by 40.9%.

"At the same time, for Jan-Jun 2020, as a result of exports of 25,100 ounces of gold, 55,600 ounces of silver in the country's economy attracted funds in the amount of $43.2 million (AZN 73.5 million) that is by 41% more versus the 2019 same term. In the 1st half of this year AzerGold transferred AZN 5.5 million to the State Budget, including AZN 4.5 million of taxes and more than AZN 1 million of payments to the State Social Protection Fund."