Panorama.am
14:13 03/11/2007
PRIME MINISTER TO TAKE PART IN EVENT DEDICATED TO START OF WORKS IN
TEGHUT
Today Prime Minister Serzh Sargsyan has left for Lori region.
Government press services inform that the prime minister will take
part in the events dedicated to the operation of copper-molybdenum
mine in Teghut.
To recall, the mines were given to Armenia Copper Program Company for
a term of 25 years for operation by November 1 decision of the
government. The company took the responsibility to invest 200 million
dollars. Armenia Copper Program Company was established in 1997 by
Alaverdy mountain metallurgy factory base. It is part of Vallex
Group. The 80,74 percent of shares belongs to Lichkhtenshtain Vallex
F. N. Establishment and the remaining 19,26 percent is owned by
Armenia Copper Program company general director Valeri Mejlumyan.
Source: Panorama.am