The Auction Center of the State Service for Property Issues under the Ministry of Economy and the State Agency for the Use of Mineral and Raw Materials under the Ministry of Ecology and Natural Resources will hold the regular auction for putting the bowels of the Earth into operation on May 4, 2022.

Kotal (7 ha), Guzdek (2.87 ha), Karvansaray (4.5 ha) and Sahil (3.1 ha) mineral deposits in Garadagh, and Damiraparanchay (2 ha) and "Khirkhatala" (6 ha) mineral deposits in Gabala will be put up for auction.

Bidders to participate in the auction can submit documents to the address 31 Istiglaliyyat Street, Sabail district, Baku, until 04:00 p.m. on April 27, 2022.

With the aim of receiving the terms of reference and participating in the auction, bidders must pay a service fee and initial auction price in the amount indicated in the auction announcement. Legal entities and individuals of the foreign countries can take part in the auction. The open auction will take place in the Property Services Space of the State Service for Property Issues under the Ministry of Economy.

The announcement of the auction is available on the official website of the State Service for Property Issues (https://bit.ly/36IPOZd) and on the Privatization Portal (https://bit.ly/3JYaBGr).