BAKU, Azerbaijan, September
23.Extraction and processing operation will be
established, and industrial exploitation will be launched at the
Soyudlu (Zod) gold deposit in the Kalbajar district of
Azerbaijan.
This is outlined in the "State program for the development of the mining
(metal ores) and metallurgical industry in Azerbaijan for
2027–2030," approved by the decree of the President of the Republic
of Azerbaijan Ilham Aliyev.
The decree noted that the plan for 2027–2030 includes conducting
geotechnical and hydrogeological studies, preparing an assessment
report and financial model to refine the deposit's existing
reserves, and drafting a development plan for mining
operations.
Subsequently, a flotation plant and related infrastructure will
be constructed, and the production and sale of enriched ore
(flotation concentrate) will begin; furthermore, metal processing
will be organized—in accordance with the final investment
decision—and full-scale industrial exploitation of the deposit will
be launched.
The primary implementing agency for this process is AzerGold
CJSC, while the Ministry of Ecology and Natural Resources serves as
the other implementing agency.
