Iberian Resoures, Australia, To Build Plant In Meghri

IBERIAN RESOURCES, AUSTRALIA, TO BUILD PLANT IN MEGHRI
By Ara Martirosian

AZG Armenian Daily
31/05/2007

The Autralian Iberian Resources company is going to build a gold
processing plant in Meghri till 2009. It is expected that about $50
million of investments will be made for this purpose. According to
preliminary examination, it is enviasaged that 10 kilos of gold
may be enriched per a day. Within the past one and a half year,
the company had already invested the first $15 million and got the
first production.