GPM Gold will increase annual ore supply to Ararat processing plant to 1,5 -2 million tonsNovember 3, 2009 - 22:10 AMT 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. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Surveying works underway in Armenia’s Kirants Surveying works are underway in the Armenian village of Kirants in the northern Tavush province. Armenia calls for prohibiting threats of attacks on nuclear facilities Armenia has raised the need for a treaty prohibiting attacks on nuclear facilities devoted to peaceful purposes. Armenia says ready to extend nuclear plant’s lifetime by 10 years Armenia has taken necessary measures to extend the lifetime of its nuclear power plant until 2036. Armenia Security Council chief traveling to Qatar Secretary of the Security Council of Armenia Armen Grigoryan will travel on a working visit to Qatar. |