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11 JANUARY 2005  

US RV Investment Services Grouр LLC will mine gold in Azerbaijan

RV Investment Services Grouр LLC (USA) has started the preparation works for gold mining in Azerbaijan. As it has been reported by Bilik Dunyasy, by January 15-20 British VEIN ltd. Experts will have arrived to the country in order to launch preparation works for several gold deposit development (in September 2004 RV Investment and VEIN signed an appropriate agreement).

The US company has agreed the plan of works with the Government. The first phase of the project will require $50 mln of investments, the total volume of the development being $500 mln.



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