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8 FEBRUARY 2005  

US Company will start gold mining in Azerbaijan

In 2005 US RV Investment Services Group LLC together with Azerbaijan will start gold mining in the country after its resources are estimated (now these figures are 400 tons of gold and 2500 tons of silver). This information was provided by Day.Az with references to Reuters. In August 1997 RV Investment Services Group LLC signed an agreement with the Government of Azerbaijan $500 mln worth for 25 years. The issue of the agreement is the development of Azerbaijan six deposits: Kedabek, Ordubad, Gosha Bulag, Gyzyl Bulag, Vezhnali and Soyutlu.



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