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You are here: Home / AzerGold to carry out more than 20,000 meters of drilling work in 2018

AzerGold to carry out more than 20,000 meters of drilling work in 2018

· April 11, 2018 ·

By Kamila Aliyeva The state-owned company, AzerGold, which is engaged in exploration, development and management of deposits of precious and base metals, plans to conduct drilling operations with a total depth of more than 20,000 meters for all projects in 2018. During two years of its activity, AzerGold CJSC successfully completed the restoration of production at the Chovdar field in Dashkesan region, established the export and sale of valuable metals, and also optimized production processes at the enterprise. As a result, significantly increasing the extraction of non-ferrous metals, the company has contributed to the expansion of non-oil exports of the country. AzerGold plans to start operation of a number of new deposits in the near future, thereby contributing to the integrated development of the country’s mining industry, increasing revenues in the non-oil sector, attracting foreign exchange, supporting the development of regions, creating new jobs and improving the social well-being of the population. To this end, the joint-stock company continues geological exploration and research work. At the moment, the company carries out exploration work on several prospective territories. Along with the discovery of new deposits of non-ferrous metals, these studies allow increasing, estimating and confirming reserves and resources of already known… Read full this story

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