International Scientific Journals
of Scientific Technical Union of Mechanical Engineering "Industry 4.0"

This article presents analysis of the current situation of the gold mining industry of Azerbaijan. The analysis is performed a review of the main individual problems of the country’s gold mining industry. It is found that the gold for Azerbaijan is a priority and highly liquid type of strategic minerals along with fuel and energy raw materials and some other important minerals.Also, it is noted that the gold mining industry of Azerbaijan, as a young branch of the economy, has a promising future. And the study of innovation ways of development in this industry is of particular importance for the republic.