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TBILISI: Azerbaijan Protests Russian Company's Venture Into Nagorno-

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  • TBILISI: Azerbaijan Protests Russian Company's Venture Into Nagorno-

    AZERBAIJAN PROTESTS RUSSIAN COMPANY'S VENTURE INTO NAGORNO-KARABAKH

    The Messenger
    Aug 31 2007
    Georgia

    The Russian company Alrosa is ready to mine gold in Armenia, reports
    the news agency Regnum, after Russian President Vladimir Putin paved
    the way for the company by meeting with his Armenian counterpart.

    Azerbaijan has not greeted the news warmly. Baku is worried the
    Russian company will mine in disputed Nagorno-Karabakh, over which
    Armenian and Azerbaijan fought a protracted and bloody war.

    According to Azerbaijan's Ministry of Ecology and Natural Resources,
    30 countries have invested more than USD 35 million in projects in
    Nagorno-Karabakh, where there are 155 mines, including five gold
    mines and two copper mines.
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