INVESTMENTS OF 54.6 MLN DOLLARS ENVISAGED FOR
OPERATION OF HANKAVAN MINE
23-06-2006 19:00:00 | Armenia | Economy
YEREVAN, JUNE 23, NOYAN TAPAN. The company Global
Gold Mining (GGM) envisages to invest 54.6 mln USD for
operation of Hankavan mine. Ashot Poghosian, director
of the company's Armenian subsidiary, told reporters
on June 23 that 570 jobs will be created in 2009
thanks to this investment. 1.4-1.5 mln USD of this sum
will be allocated for implementation of environmental
protection programs.
The speaker noted that GGM submitted this
investment program to the RA Ministry of Trade and
Economic Development last year.