Tuesday, August 7, 2012

Sotq Gold Mine to Be Expired In 15 Years?

17:14, August 7, 2012

Geopromining Gold Company states it has already been mining lean ore in Sotq gold mine and the reserved will be exhausted in 15 years and that's the reason why Ararat gold extracting factory proceeded to new Albion technology.

In 2011 the company set up a crushing and screening plant to extract gold from lean ore near the gold mine, in the administrative territory of Sotq Village without any permitting documents. Then for the legalization of the crushing and screening plant the company used project documents for 1988, which don't have any legal force because of prescription of document submission and not launching project on time. On 30 May public hearings were organized on "Re-equipment of Sotq Open Mine" in Sotq Village, which also included the aforementioned crushing and screening plant.

Armenian News

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