13.6 C
Belgrade
Supported byspot_img
spot_img

Azerbaijan’s AzerGold and Turkey’s Eti Bakir discussed mining cooperation

Member of Europium Groupspot_img
Supported byspot_img

Eti Bakir is subsidiary of Turkey’s energy company Cengiz Holding that holds a leading position in the copper and metallurgical industry of Turkey and the region.

Azerbaijan’s gold mining company AzerGold CJSC and Turkey’s Eti Bakir company have discussed cooperation in the mining sector between the two countries, AzerGold CJSC has reported.

During the meeting held on March 12, AzerGold’s Chairman Zakir Ibrahimov noted that Azerbaijan’s liberated Karabakh region has great economic potential as well as resources that open up great opportunities for bilateral cooperation in the mining sector. He noted that AzerGold, as a state company is always ready to cooperate with Turkey in this sphere.

Supported by

He further said that AzerGold plans to commission six more gold deposits, including the sulfide phase of the Chovdar gold deposit, as well as one polymetallic and four copper ores in 2021-2027.

Eti Bakir’s Chairman Sheref Chengiz, reminded the agreement signed between the Azerbaijani government and Eti Bakir back in February 2021 in Ankara as part of the Turkish-Azerbaijani business forum. He stressed that the agreement will make an important contribution to the partnership in the mining sector.

Furthermore, the sides discussed the study of the latest technologies used in the mining sector and in geological exploration.

Source: azernews.az

 

Supported byElevatePR Digital

Related News

Amaar Holding partners with Indian mining firm Maheshwari to advance Saudi Arabia’s mining sector

Amaar Holding Company has announced a strategic partnership with Maheshwari, a prominent Indian organization in the mining sector, to establish a company focused on...

Community rallies in Turkey to oppose proposed copper mining project

Residents in the Kurdish-majority region of Lice (Licê) in Diyarbakır (Amed), Turkey, gathered to protest a proposed copper mining project, pledging to protect their...

Turkey joins forces with Minerals Security Partnership to advance rare earth production and supply chain security

Turkiye has officially joined the Minerals Security Partnership (MSP), a forum aimed at collaborating with Western nations on the production of rare earth elements...

ACG Metals completes $290M acquisition of Gediktepe mine in Turkey

ACG Metals has successfully completed a $290 million acquisition of the Gediktepe mine in Turkey's Balıkesir Province. The mine, which is currently producing gold...
Supported by
Supported by
Supported by
error: Content is protected !!