Announcement

Collapse
No announcement yet.

GPM Gold Will Increase Annual Ore Supply To Ararat Processing Plant

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • GPM Gold Will Increase Annual Ore Supply To Ararat Processing Plant

    GPM GOLD WILL INCREASE ANNUAL ORE SUPPLY TO ARARAT PROCESSING PLANT TO 1,5 -2 MILLION TONS

    PanARMENIAN.Net
    03.11.2009 22:10 GMT+04:00

    /PanARMENIAN.Net/ GPM Gold opened negotiations with Armenian railways
    concessionary, South Caucasian Railways company, to increase ore
    transportation volumes to Ararat processing plant. Through additional
    SCRW investments, GPM Gold will increase annual ore supply to Ararat
    processing plant to 1,5 -2 million tons.

    To increase processing and extraction volumes, GPM Gold is developing
    a new investment program for Ararat processing plant re-equipment. As
    a result, the plant's production capacity will grow to reach 80-100
    gold ounces a year.

    1 Trojan ounce equals 31,1034768 grams.
Working...
X