Technical-Economic Substantiation Is In The Process Of Preparation A

TECHNICAL-ECONOMIC SUBSTANTIATION IS IN THE PROCESS OF PREPARATION AIMED AT MODERNIZATION OF AGARAK COPPER-MOLYBDENUM COMBINE

ArmInfo
2009-10-21 11:59:00

Arminfo. GeoProMining Group commissioned the Company of "Mechanobr" to
prepare technical-economic substantiation of production reconstruction
project for Agarak Copper-Molybdenum Combine.

By the end of November the project of Agarak reconstruction will be
ready. The plant needs modernization in order to increase processing
capacities and raise extraction percents. The basis for Company’s
activities is the complex approach to designing of new plants and
modernization of the existing ones, which includes development of
effective technologies, use of modern project-design solutions and
use of technological equipment of high technical-economic indicators.

"Mechanobr Engineering" Company was established on the basis of
designing and scientific parts of "Mechanobr" Institute, and has 88
years of experience, which include development of technologies and
designing works for 250 mining companies as in the territory of the
Russian Federation, as well as in CIS and other countries (Algeria,
Angola, Bulgary, India, China, Kongo, Mongolia, Myanmar).

Let’s remind, that at the RA Government session, which was held
at Syunik region on June 26 it was decided to grant "Agarak
Copper-Molybdenum Combine" a budget credit of 14 million USD for
four years.

Monthly Agarak Copper-Molybdenum Combine produces 2,5000 copper
concentrate with 26% copper content, and 40 ton molybdenum with 51%