Azerbaijan raising gold, silver output
BAKU – Azerbaijan produced 891 kg of gold in the first half of 2011, or 0.5 percent over the same period of last year, according to the State Statistics Committee.
Also, 769 kg of silver were extracted in the first half-year, a 48.5 pct increase in comparison with January-June 2010.
As of July 1, domestic producers had finished product reserves in the amount of 57 kg of gold and 58 kg of silver.
An ounce (31.1 grams) of gold is currently selling for $1,600 and that of silver – for $39 in world markets.
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