Azerbaijan to increase gold reserves by 1/3

Another batch of gold bars in the amount of 4900 gold ounces (152.4 kiilograms) has been turned in for storage to the Central Bank by Azerbaijani Ministry of Finance, the ministry report says, Trend reports.

The gold, mined at Gedabek gold mine and sent to Switzerland for treatment, falls to Azerbaijan's share in the framework of the contract on development of this field, - the report says.

The mined gold is sent to Switzerland for treatment. Gold bars are brought to Azerbaijan and stored in the account of government.

Silver and gold have first been mined in Gedabek mine in May of 2009.

3670 views
We use cookies and collect personal data through Yandex.Metrica in order to provide you with the best possible experience on our website.