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Armenian Prime Minister Visits Gold-Processing Factory In Masis

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  • Armenian Prime Minister Visits Gold-Processing Factory In Masis

    ARMENIAN PRIME MINISTER VISITS GOLD-PROCESSING FACTORY IN MASIS

    ARKA
    March 17, 2009

    YEREVAN, March 17. /ARKA/. On Tuesday, Armenian Prime Minister Tigran
    Sargsyan visited a gold-processing factory in Masis to see the capacity
    of this new factory launched by ASSAT Ltd and labor conditions here,
    governmental press office reports.

    Director General of ASSAT Aram Osikyan told the premier that the
    company established in 1999 is engaged in mineral deposit exploration
    for building copper, gold and other ore enriching factories in Armenia.

    Masis gold factory has 20 employees and will create additional 15 or
    20 jobs soon with minimal salary of AMD 150,000.

    PM Sargsyan told journalists that unlike mining industry that faces
    serious problems amid the global crisis, jewelry industry gets new
    opportunities.

    He views the well-equipped and up-to-date Masis factory as one of
    successful initiatives.

    The premier stressed the importance of those enterprises specialized on
    domestic raw materials and said an arrangement is already up with the
    Yerevan jewelry factory on the purchase of this factory's products.
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