Azerbaijan's AzerGold CJSC Board Chairman Zakir Ibrahimov has said that a Turkish company will build an ore processing plant in the country's Chovdar field, Trend has reported.

Azerbaijan's AzerGold CJSC Board Chairman Zakir Ibrahimov has said that the company's revenues from the sale of gold and silver in 2021 amounted to AZN 188.3 million ($110.7m), Trend has reported.

New archaeological site has been found in Azerbaijan’s Dashkasan region, AzerGold CJSC reported on its website on December 1.

Exploration works, currently carried out by AzerGold CJSC, aim to further increase the national mining industry’s profits and contribute to the socio-economic development of the country’s regions, as well as to the more dynamic development of the non-oil sector.

AzerGold CJSC will commence purchasing procedure of the assets of the foreign contractors that engaged in gold mining in the coming weeks.

President Ilham Aliyev signed a relevant decree on May 25, which stipulates taking definite measures.