In the closed joint-stock company (CJSC) Azergold passed the online meeting on the results of 2021 and the upcoming tasks.
Speaking at the meeting, Chairman of the Board of Azergold Zakir Ibrahimov recalled that last year coincided with a significant period for society – the 5th anniversary of the company’s starting activities.
Noting that the joint-stock company over the past period has passed a sufficiently successful way, the chairman brought to the attention that the historical trip of President Ilham Aliyev to the Chovdar integrated processing regional plot last year was the highest assessment and additional stimulus for the company’s activities. Zakir Ibrahimov said that the head of state emphasized that the mining sector became leading in the country’s non-peffish sphere, and also gave a number of important assignments on the company’s activities.
The Chairman of the Board noted that the mining industry, as the key sector of the non-oil sphere, will make an additional contribution to the sustainable progress of the economy due to timely and effective implementation in accordance with the roadmap of non-ferrous and ferrous metals in the framework of the Company’s strategic document. At the same time, the potential of non-ferrous metals stocks on our liberated territories will play a big role in the further development of this sector. Noting that the initial research work in the field of golden manifestation “Tutkhun”, which began by the Company last year, will have a positive impact on the socio-economic development of not only Kalybadzhar, but also the East-Zangeza Economic District as a whole, Z. Ibrahimov stressed that the company is all its resources And henceforth will support the unified state policy in this direction.
The Chairman of the Board brought to the attention of the meeting participants, which last year, as part of the strategic goals, work on the extraction, sale, geological exploration, as well as in other areas were exceeded in accordance with the schedule. The meeting was informed about the work done on the deposits of gold, polymetals and iron ore, the sale of precious metals in the external and domestic markets, geological exploration and research work, financial indicators, the activities of subsidiaries and results achieved in other areas.
It was noted that last year a number of important steps were taken to improve the efficiency of using mineral resources of deposits and optimizing production processes. In the reporting year, the production indicators of gold amounted to 61.5, and silver – 134.4 thousand ounces. So, gold mining is exceeded by 11 percent, and silver is 55 percent. Compared to 2020 in 2021, gold increased by 2.5 percent, and silver production by 10.9 percent.