Armenia’s leading gold mining company continues its technical upgradingMarch 25, 2011 - 12:48 AMT PanARMENIAN.Net - GeoProMining Gold company has launched the next stage of the program on technical upgrading. Under the program, the Company acquired five Belaz dump-trucks, as well as wheel-loader Caterpillar RH-988. Recently 2 dump-trucks were delivered to Armenia and put into operation at Sotk mine of GeoProMining Gold company. Purchase of mining equipment is an integral part of the investment program of modernization, which was launched in 2010. The program involves capital investments in technical upgrading of the mine to implement a set of measures to improve the technical and economic level of production through introduction of advanced equipment and technology, mechanization and automation of production, modernization and replacement of outdated and physically worn-out equipment with new, more productive machines, etc. 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 | Lemkin Institute urges Armenia to respect people’s right to dissent The Lemkin Institute has urged the Armenian government to respect people’s fundamental human right to express their dissent. French-Armenian journalist returns to France after 41-day hunger strike Nicolian said on social media on Sunday, June 2 that he needs to improve his health in order to “continue the fight”. Iran’s Red Crescent sends aid to Armenia’s flood-hit regions The Iranian Red Crescent Society has sent humanitarian aid to the victims of deadly floods that hit northern Armenia on May 25-26. Putin congratulates Pashinyan’s birthday Russian President Vladimir Putin congratulated Armenian Prime Minister Nikol Pashinyan on his birthday on June 1. |