TODAY.AZ / Business

Gold mine manufacturing negotiations with foreign companies

30 May 2006 [20:16] - TODAY.AZ
Companies from USA, Canada, Great Britain, Australia, Japan and South Korea are now being negotiated with for the processing of gold mines discovered in Azerbaijan.

Huseyngulu Baghirov, Ecology and Natural Resources Minister, has reported journalists about, APA informs.

On his words, the results will be publicly announced soon. There are several companies manufacturing gold mines now. So according to a 25 year contract signed between abolished-in-1997 Azergizil State Company and US RV Investment Group (Azerbaijan - 51%, RV Investment Group - 49%), it is projected to manufacture 9 mines with 400 tons gold, 2500 tons silver and 1,5 million copper. The mines are mainly in the regions of Kalbajar, Zengilan, Gadabey, Dashkesan and Ordubad which of 3 are in occupied territories.

URL: http://www.today.az/news/business/26700.html

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