TODAY.AZ / Business

Gold production started in Azerbaijan

27 April 2005 [17:17] - TODAY.AZ
Several British companies are to start operation of gold mines, discovered in Kedabek region of Azerbaijan.
This agreement was achieved as a result of trip of ambassador of the Great Britain and heads of several British companies to the Western regions of Azerbaijan.  

During the visit gold bearing mines were studied and investment possibilities were defined. British companies established subsidiaries near mines. Works are to start at 40 wells in the first stage of operation. All connected expenses are to be paid by companies.

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