New mineral deposits put up for auction

The next auction for commissioning of the underground will take place on February 15th by the Auction Organization Center of the State Service on Property Issues under the Ministry of Economy and the State Agency for Use of Mineral Resources under the Ministry of Ecology and Natural Resources.

The "Shurabad" (22 ha) sand deposit located in Khizi, the "Goyamtala" (3.22 ha) clay deposit in Balakand and the "Ajidara" (6 ha) volcanic ash deposit in Aghstafa will be auctioned. In addition, the "Lower Salahli" (20 ha) and "Dash Salahli-III" (25 ha) clay and cement raw material deposits located in Gazakh are also offered to the auction participants.

Applicants can submit the documents related to participation in the auctions until 16:00 on February 8, 2023 at the address of 31 street Istiglaliyet, Sabail District, Baku.

Bidders must pay a service fee and a deposit in the amount specified in the auction announcement in order to receive a set of main conditions and participate in the auction. Legal entities and natural persons of foreign countries can also participate in the auction. The open auction will be held at the facilities of Real Estate Services of the State Service on Property Issues under the Ministry of Economy.

The auction announcement can be found on the official website of the State Service on Property Issues (https://bit.ly/3GmnBoF) and on the "Privatization portal" (https://bit.ly/3igaUnz).