ARMENIAN MINING ENTERPRISES TO IMPLEMENT DEVELOPMENT PROGRAMS

ARKA
Apr 10, 2009

YEREVAN, April 10. /ARKA/. Armenian mining enterprises will continue
development programs, RA President Serzh Sargsyan told a news
conference on the 1st anniversary of his inauguration.

"I visited the Syunik region recently and I am sure that the region’s
leading enterprises, first of one the mining ones, will not only
continue operating, but also implement development programs,"
Sargsyan said.

He pointed out a higher unemployment level in Syunik (southern Armenia)
than the average level in Armenia. However, the reason is a large
number of urban residents, not a small number of enterprises.

"If my memory is not at fault, the Zangezur copper and molybdenum plant
is to ensure an output of 16mln tons of processed ore by the end of
2009, which is twice as much as in the Soviet times," Sargsyan said.

He stressed that the currently operating enterprises will without
fail continue operating.