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.