OREANDA-NEWS. February 17, 2011.  Azerbaijan, whose industrial production of gold started in July 2009 and declared of volumes of associated silver production since 2010 increased gold and silver production 2.4- и 6.9-fold respectively.

The State Statistics Committee (SSC) informs that in January country’s gold and silver mining totaled 238 kg and 344 kg respectively.

Last year’s extraction reached 1,900 kg of gold and 1,500 kg of silver, including 273 kg (gold production record) in August.

From July 2009 to 1 January 2010 the country extracted 333 kg and with taking into account the production in 2010 and 2011, the overall extraction reached 2,571 kg.

Since July 2009 the volume of gold production was equal to 82,668.8 troy ounces.