AzerGold CJSC Supervisory Board discusses company's 2021 income, expense

AzerGold Closed Joint-Stock Company (CJSC) held a meeting of its Supervisory Board. Members of the Supervisory Board, as well as the Chairman and members of the Board of Directors, participated in the meeting.

The meeting discussed and approved changes to the Company's 2021 income and expense estimate and the "Rules on Hedging Operations to Minimize the Negative Impact of Market Prices on the Company's Gold Sales Revenue." 

Meeting participants also made decisions regarding the Company's strategic analyses of non-ferrous metal deposit prospects in Azerbaijan's liberated territories, the Dashkasan iron ore deposit exploitation project, and other changes to the Company's development strategy through 2035.