Reza Vaziri: Deposits in Nakhchivan do not have sufficient volumes
Industry
- 03 October, 2023
- 10:22
Add Report.az to preferred Google sources
Stay up to date with the top news!
Kalaki, Piyazbashi, Agyurd, and Mistan gold ore deposits located in the Ordubad district of the Nakhchivan Autonomous Republic are not currently exploited due to less volumes, Reza Vaziri, CEO of Anglo Asian Mining PLC, the AIM-listed gold, copper and silver producer focused in Azerbaijan, told Report.
He said that it was revealed as a result of exploration that one of those deposits does not have sufficient volumes for extraction: "Currently, other deposits are being explored. If the volumes of ore reserves in these fields compensates for the lower fields, then production will begin."
Reza Vəziri: “Naxçıvandakı yataqlarda hasilat hazırda iqtisadi cəhətdən səmərəli görünmür”
Реза Вазири: Добыча золота в Нахчыване пока не представляется экономически целесообразной
Latest News
01:40
Photo
Authorities deny alleged hijab ban in Azerbaijani medical facilities
Domestic policy
00:01
23 years since Ilham Aliyev was first elected President of Azerbaijan
Domestic policy
23:47
Slovakia will not join new European loan for Ukraine
Other countries
23:30
Gold prices fall sharply as stronger US inflation boosts dollar
Finance
22:50
Photo
Dinner hosted on behalf of President Ilham Aliyev in honor of participants of 7th CICA Summit
Foreign policy
22:38
President Ilham Aliyev met with President of Tajikistan
Foreign policy
22:36
Two ships sink near Strait of Hormuz after projectile strikes
Other countries
22:08
Photo
President Ilham Aliyev met with President of Uzbekistan - UPDATED
Foreign policy
21:56
Davr Bank renamed ABB Davr Bank as management is restructured
Finance