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RA Prime Minister Tigran Sargsyan Visited The Masis Gold Processing

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  • RA Prime Minister Tigran Sargsyan Visited The Masis Gold Processing

    RA PRIME MINISTER TIGRAN SARGSYAN VISITED THE MASIS GOLD PROCESSING FACTORY

    http://www.gov.am/en/news/item/4511/
    Tues day, 17 March 2009

    RA Prime Minister Tigran Sargsyan visited the Masis gold processing
    factory. The Prime Minister walked round the workshops, got acquainted
    with the working conditions, the output capacity and the development
    prospects of this new factory launched by ASSAT Ltd.

    Director General of ASSAT Aram Osikyan told that as established in
    1999, his company is engaged in mineral deposit exploration activities
    with a view to building copper, gold and other mineral ore enriching
    factories in Armenia.

    The Masis gold processing factory is one of these projects and enjoys
    good development prospects. There are already 20 jobs available in
    the factory.

    Some 15-20 jobs are due to be created within the next two months with
    a 150.000 dram salary.

    Tigran Sargsyan told news representatives that mining industry is
    facing serious problems amidst the global crisis. Nevertheless, new
    opportunities are being opened up in the gold mining sector and our
    entrepreneurs are trying to get advantage. According to the Prime
    Minister, well-equipped and meeting the modern standards, the Masis
    gold processing factory is a success story. Tigran Sargsyan appreciated
    the operations of those companies specialized in the processing of
    domestic raw materials. It seems quite natural that an arrangement
    is already up with the Yerevan jewelry factory about the purchase of
    the whole range of end-products manufactured in this factory.
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