AzerGold CJSC’s Chairman, Zakir Ibrahimov, held discussions with Guinea-Bissau officials about potential cooperation in the mining sector. They agreed on AzerGold’s role in conducting geological assessments and modern exploration methods to identify promising mineral areas. A Non-Disclosure Agreement was signed to facilitate future partnerships and initiatives.
On December 2, Zakir Ibrahimov, the Chairman of the Executive Board of AzerGold CJSC, engaged in discussions with a delegation from Guinea-Bissau headed by Carlos Pinto Pereira, the Minister of Foreign Affairs, International Cooperation, and Communities, alongside Viriato Cassama, the Minister of Environment, Biodiversity, and Climate Action. Ibrahimov provided an overview of AzerGold’s accomplishments and its strategic objectives which focus on enhancing economic efficiency in the mining sector, while emphasizing environmental sustainability and social accountability.
Ibrahimov outlined AzerGold’s intentions to broaden its operations beyond Azerbaijan, highlighting Africa’s wealth of mineral resources as a significant target. Pereira expressed interest in fortifying bilateral relations and noted the potential for investment opportunities within Guinea-Bissau’s nascent mining sector. Cassama indicated the country’s eagerness to learn from AzerGold’s expertise, particularly in light of Guinea-Bissau’s outdated geological data originating from the 1970s.
The delegation discussed methods for modern geological research and the establishment of cooperative efforts. They agreed that AzerGold would conduct assessments on promising mineral sites within Guinea-Bissau, employing techniques such as mapping and hyperspectral satellite imaging for non-invasive exploration. Additionally, AzerGold expressed its readiness to explore the potential for future exploitation of identified gold mines based on its existing experience in the field.
Following the meeting, a Non-Disclosure Agreement was finalized between Ibrahimov and Cassama, marking a step towards potential collaboration in the mining sector.
This article discusses the recent meeting between AzerGold CJSC, a prominent Azerbaijani mining company, and key officials from the Republic of Guinea-Bissau. The meeting underscores AzerGold’s ambition to expand its operations and expertise within the African continent, particularly in a country with untapped mining potential. It reflects the growing interest in bilateral cooperation in the mining sector, which remains largely underdeveloped in Guinea-Bissau, highlighting the need for modern geological research and innovative methods in exploring mineral resources.
The discussions between AzerGold CJSC and the Guinea-Bissau delegation signify a promising collaboration aimed at advancing the mining sector in Guinea-Bissau. With AzerGold’s rich experience and technological capabilities, the bilateral relationship is set to foster significant exploration and potential development of mineral resources. The establishment of a Non-Disclosure Agreement further cements the foundation for future cooperation that may benefit both parties as they work towards sustainable mining practices.
Original Source: report.az
