Follow us:
  • Facebook
  • Twitter
  • Google+
  • AppStore
  • RSS
Azernews.Az
Thursday February 25 2021
  • Latest
  • Nation
  • World
  • Business
  • Oil & Gas
  • Armenian Aggression
  • Nagorno-karabakh conflict
  • Editorial
  • Analysis
  • Lifestyle
  • Events
  • Healthcare
  • Culture
  • Sports
  • Travel
Home
  • Home
  • Nation
  • World
  • Business
  • Oil & Gas
  • Armenian Aggression
  • Nagorno-karabakh conflict
  • Editorial
  • Analysis
  • Lifestyle
  • Events
  • Healthcare
  • Culture
  • Sports
  • Travel

Azerbaijan, UK eye cooperation in mining industry

18 January 2021 10:36 (UTC+04:00)
1 321

By Ayya Lmahamad

Azerbaijan and the UK have discussed cooperation in the mining industry during the meeting between Chairman of the Board of Azerbaijan’s AzerGold gold mining company Zakir Ibrahimov and Director of International Trade Department of UK and Northern Ireland Embassy in Azerbaijan Joel Derbyshire.

Ibrahimov spoke about the company’s achievements in the exploration, production and other areas, launching new mines in the regions, and the work done to increase economic efficiency in the mining sector.

Noting that AzerGold attaches great importance to international cooperation in order to further optimize and improve its operations, the chairman stressed that the company has a successful experience of partnership with British companies.

In turn, Derbyshire noted that British companies have advanced experience in the mining industry, emphasizing that the UK is interested in developing a partnership with Azerbaijan in this area.

It was also noted that such meetings create useful opportunities for further expansion of cooperation.

The parties discussed trends in the development of the mining industry and exchanged views on issues of mutual interest.

Extraction of the first gold in Azerbaijan started in 2009, and silver in 2010.

During the first ten months of 2020, AzerGold's revenues from the export of precious metals amounted to AZN 493 million ($289.9M) during the four years of the company’s activity. During this period, the company exported over 202,000 ounces of gold and over 350,000 ounces of silver from Chovdar mine. Of these funds, AZN 36.7 million were transferred to the state budget in the form of taxes and social payments.

“AzerGold” CJSC is a national mining company, which was established on February 11, 2016 according to the presidential decree.

---

Ayya Lmahamad is AzerNews’ staff journalist, follow her on Twitter: @AyyaLmahamad

Follow us on Twitter @AzerNewsAz 

  • #AZERGOLD CJSC
  • #AZERBAIJAN-UK

Related News

Azerbaijan to use wastes from Dashkasan ore deposit

Azerbaijan to use wastes from Dashkasan ore deposit

24 February 17:37
Azerbaijani, UK defence experts mull military education partnership

Azerbaijani, UK defence experts mull military education partnership

18 February 12:05
UK's Aardvark Group aids post-war mine clearance in Azerbaijani liberated lands

UK's Aardvark Group aids post-war mine clearance in Azerbaijani liberated lands

15 February 15:16
Azerbaijan, UK sign accord on climate change

Azerbaijan, UK sign accord on climate change

10 February 11:10
Azerbaijani leader, UK minister discuss regional peace, stability, ties

Azerbaijani leader, UK minister discuss regional peace, stability, ties

9 February 13:49
AzerGold boosts export revenues by 29 pct in 2020

AzerGold boosts export revenues by 29 pct in 2020

3 February 14:30
UK eyes participation in restoring Azerbaijan’s liberated lands

UK eyes participation in restoring Azerbaijan’s liberated lands

28 January 11:22
AzerGold attracts $109.7m to Azerbaijan's economy in 2020

AzerGold attracts $109.7m to Azerbaijan's economy in 2020

27 January 10:00
Azerbaijan, Japan eye cooperation in mining industry <span class="color_red">[PHOTO]</span>

Azerbaijan, Japan eye cooperation in mining industry [PHOTO]

26 January 10:00
AzerGold, Technical University sign memorandum of cooperation

AzerGold, Technical University sign memorandum of cooperation

14 January 12:40
  • Latest
  • Popular
18:21 • OSCE ready to deploy mediation missions for sustained peace in Azerbaijani liberated territories - president
18:05 • OIC SecGen pays tribute to those who lost their lives in Khojaly genocide
17:50 • Azerbaijani FM receives Pakistani FWO's Director General [PHOTO]
17:49 • Uzbekistan, Kazakhstan preparing for demarcation of state borders
17:40 • Azerbaijan invested $18.3bn in Turkic Council member states’ economy
17:31 • Azerbaijani civilian wounded in mine blast in liberated Jabrayil
17:16 • Upgrading of Internet equipment in Azerbaijan's Khachmaz district continues - Ministry
17:16 • Azerbaijan to encourage participation of SMEs in public procurement
17:05 • Country registers 126 new COVID-19 cases
16:58 • Military coup attempt in Armenia - PM inviting supporters to Republic Square
16:39 • Azerbaijan regional leader for sustainable development goals index
16:22 • Armenian General Staff demands Pashinyan's resignation
16:10 • Azerbaijani products showcased at Gulfood 2021 int'l expo [PHOTO]
15:45 • Iranian parliament shares grief of relatives of victims of Khojaly tragedy
15:30 • Baku slams Luxembourg official’s biased statement on Karabakh war
15:15 • Turkey always next to Azerbaijan - speaker of Turkish Parliament
14:51 • Baku to host theater festival
14:42 • Azerbaijan privatizes several district public properties via auctions
14:32 • President Aliyev inaugurates residential complex for martyrs’ families, war veterans [PHOTO]
14:19 • Azerbaijani, Turkish, Russian singers perform song about mothers [VIDEO]
10:00 • Gas export from Shah Deniz resumes after short-term halt
10:38 • Pashinyan shows anti-Russia stance, denigrates 'Iskander' missile fired on Azerbaijan
11:00 • 431m tons of Azerbaijani oil transported via BTC
12:00 • Azerbaijani FM, European official discuss support to war-affected civilians
11:40 • Armenian servicemen go AWOL after riot in military unit
13:19 • National designer to present her collection at digital fashion show [VIDEO]
10:17 • TV series about Muslim Magomayev nominated for prize
14:32 • President Aliyev inaugurates residential complex for martyrs’ families, war veterans [PHOTO]
09:48 • Azerbaijan raises petition within Justice for Khojaly campaign
13:00 • Azerbaijan, Ukraine mull regional security, Karabakh peace deal, ties
11:23 • Baku to host virtual concert dedicated to Khojaly tragedy
13:44 • Azerbaijani Consulate General in Los Angeles produces film about Khojaly genocide
15:30 • Baku slams Luxembourg official’s biased statement on Karabakh war
14:00 • Italian municipality adopts document condemning Khojaly genocide
16:10 • Azerbaijani products showcased at Gulfood 2021 int'l expo [PHOTO]
14:42 • Azerbaijan privatizes several district public properties via auctions
12:19 • Gold price in Azerbaijan decreases
15:15 • Turkey always next to Azerbaijan - speaker of Turkish Parliament
12:50 • Azerbaijani oil prices continue to grow
14:19 • Azerbaijani, Turkish, Russian singers perform song about mothers [VIDEO]
See more
AzerNews Newspaper
AzerNews
  • Facebook
  • Twitter
  • Google+
  • RSS

Information

About us Contacts Advertising Azernews In Print

News Archive

© 2021 AzerNews. All rights reserved