SCR, GeoProMining Sign Cooperation Agreement

SCR, GEOPROMINING SIGN COOPERATION AGREEMENT

PanARMENIAN.Net
01.12.2009 14:28 GMT+04:00

/PanARMENIAN.Net/ South Caucasian Railways and GeoProMining signed
Tuesday an agreement on strategic partnership and cooperation. The
agreement stipulates for offering complex transportation services to
GeoProMining Ltd. The services will include gold ore transportation
from Sotk mine to Ararat enrichment plant.

"The agreement aims at transportation services’ quality improvement
and optimization of transportation expenditures," SCR director general
Shevket Shaydullin said.

GeoProMining Ltd. director general Roman Khudoliy, for his part,
expressed intention to increase metal mining industry volumes within
three years, using updated technologies and ore dressing equipment.

Additional investments will allow South Caucasian Railways CJSC to
increase annual capacity of Sotk-Vardenis-Hrazdan-Ararat branch line
up to 2 million tons.

From: Emil Lazarian | Ararat NewsPress

Emil Lazarian

“I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS