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PRESIDENT SARGSYAN VISITS MODERNIZED GOLD EXTRACTION PLANT
Economic News (Information Agency Oreanda)
May 13, 2014 Tuesday
Ararat. OREANDA-NEWS . May 13, 2014. President Serzh Sargsyan conducted
a working visit to Ararat marz. The President of Armenia attended
the area of GeoProMining companys gold extraction plant in Ararat,
at the full commissioning ceremony of Albion technological shop in
the groundbreaking ceremony of which Serzh Sargsyan had participated
in July 2011.
The shop was made a reality in the framework of the modernization
program of GeoProMining companys gold extraction plant in Ararat.
The President of Armenia, accompanied by the companys leadership
and the RA relevant officials, toured the plant and familiarized
with the investments, the works accomplished as a result of those
investments and the productive potential of the plant. The president
was introduced that the investment volume of one of Armenias largest
investors GeoProMining Group for the modernization of Sotks mine and
Ararats plant accounted for more than 140 million US dollars. In
addition, the companys total investment volume for acquiring and
modernizing enterprises in Armenia comprised more than 370 US dollars.
According to specialists, Albion innovative technology put into
operation today, afforded an opportunity to raise metal extraction
from hard-extractable sulfide ores abundant in Armenias southwestern
Sotks mine. It was noted that Armenias gold recycling plant would
become the second in the world to put Albion technology into practice.
At present, 976 people are employed in GeoProMining company, of whom
626 in Sotks mine and 350 in Ararats gold extraction plant. As a
result of the modernization, 130 additional jobs have been created.
The average salary of the production sector accounts for 209 thousand
drams.
On the way to GeoProMinings Ararat gold extraction plant, in Avshar
community, President Serzh Sargsyan held a meeting with the owners
of the peasant households whose gardening areas had suffered from
a severe freeze throughout the 30.03.2014-01.04.2014 period. The
president talked to the peasants, once again familiarized with the
implementation process of the government state support programs
being allocated to the households according to his instruction,
learned about the peasants urgent issues on the spot, informed them
about the state support programs on mitigating the damages and gave
certain instructions to the executives.
Economic News (Information Agency Oreanda)
May 13, 2014 Tuesday
Ararat. OREANDA-NEWS . May 13, 2014. President Serzh Sargsyan conducted
a working visit to Ararat marz. The President of Armenia attended
the area of GeoProMining companys gold extraction plant in Ararat,
at the full commissioning ceremony of Albion technological shop in
the groundbreaking ceremony of which Serzh Sargsyan had participated
in July 2011.
The shop was made a reality in the framework of the modernization
program of GeoProMining companys gold extraction plant in Ararat.
The President of Armenia, accompanied by the companys leadership
and the RA relevant officials, toured the plant and familiarized
with the investments, the works accomplished as a result of those
investments and the productive potential of the plant. The president
was introduced that the investment volume of one of Armenias largest
investors GeoProMining Group for the modernization of Sotks mine and
Ararats plant accounted for more than 140 million US dollars. In
addition, the companys total investment volume for acquiring and
modernizing enterprises in Armenia comprised more than 370 US dollars.
According to specialists, Albion innovative technology put into
operation today, afforded an opportunity to raise metal extraction
from hard-extractable sulfide ores abundant in Armenias southwestern
Sotks mine. It was noted that Armenias gold recycling plant would
become the second in the world to put Albion technology into practice.
At present, 976 people are employed in GeoProMining company, of whom
626 in Sotks mine and 350 in Ararats gold extraction plant. As a
result of the modernization, 130 additional jobs have been created.
The average salary of the production sector accounts for 209 thousand
drams.
On the way to GeoProMinings Ararat gold extraction plant, in Avshar
community, President Serzh Sargsyan held a meeting with the owners
of the peasant households whose gardening areas had suffered from
a severe freeze throughout the 30.03.2014-01.04.2014 period. The
president talked to the peasants, once again familiarized with the
implementation process of the government state support programs
being allocated to the households according to his instruction,
learned about the peasants urgent issues on the spot, informed them
about the state support programs on mitigating the damages and gave
certain instructions to the executives.