Gold production falls in 2011

Gold production falls in 2011 Azerbaijan produced 1,775 kg of gold in 2011, 15.2% down on 2010. Silver production was down last year too, falling 9.8% to 1,217 kg, according to figures from the State Statistics Committee. In December, 142 kg of gold were mined, almost the same as the 143 kg produced in November, Fineco reported. Since the start of commercial gold mining in July 2009, the highest monthly gold production was in August 2010, 273 kg. Silver production in December... Read More