INVESTMENTS OF 54.6 MLN DOLLARS ENVISAGED FOR<br /> OPERATION OF HANKAVAN MINE<br />


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.
  -   Economy