GEOPROMINING GOLD COMPANY INCREASES ORE MINING VOLUMES
Arminfo
2009-02-27 08:54:00
ArmInfo. GeoProMining Gold Company increased the ore mining volumes
by 77% over 4 months of work in Armenia, Public Relations Department
of the Company group in Armenia told ArmInfo.
According to the source, 21 473 tons of ore were mined when the Company
started operation of the Sot gold field in November, 2008. The ore
mining volumes in December, 2008, made up 30 410 tons, in January,
2009, the mining volumes grew to 31 285 tons and in February –
to 38 000 tons. Ore transportation from the Sot field to Ararat
beneficiating plant also grew over the reporting period. 27 350 tons
were transported by railway in November, 30 571 tons – in December,
33 645 tons – in January and 38 000 tons in February. It is scheduled
to transport 40000 tons of ore in March.
To recall, GeoProMining started exploiting the Sot gold field in
early November, 2008. The works were launched in a difficult period
for the mining industry as it experienced difficulties in view of
the global economic crisis which has caused shutdown of the leading
world companies. As the Company management told earlier, GeoProMining
acquired the former Ararat Gold Recovery Company (AGRC), presently
renamed into GPMGOLD, for resumption of the work and preservation of
the workplaces.