Azerbaijan's "AzerGold" opens "AzerGold Uzbekistan" in Uzbekistan
The "AzerGold Uzbekistan" branch of the "AzerGold" Joint Stock Company of Azerbaijan has been officially registered in Uzbekistan. One.uz reports on this.
The newly established enterprise is engaged in conducting geological exploration, assessing mineral resources, and determining the economic efficiency of developing the Akba gold mine in the Qashqadaryo region. After obtaining the necessary licenses, exploration work, metallurgical tests, and environmental impact studies are planned to be carried out over a period of 18 months.
Based on the resulting outcomes, a technical and economic justification for the industrial development of the mine will be prepared. Future plans The company is also planning to establish a joint venture to conduct geological exploration in promising areas between the cities of Navoiy and Nurota.
If useful mineral reserves are identified, the parties may consider the possibility of jointly developing the mines and implementing investment projects.
