PreferredYEREVAN. - In 2012, up to $7 million will be invested into Development of Lusadzhur gold deposit in the Kotayk province of Armenia, MP Tigran Arzakantsyan told Armenian News-NEWS.am. Ankarat company, obtained a license to develop the site that belongs to Arzakantsyan.
The company plans to intensify the work of an ore-dressing plant. The possibility of installing a plant for refining precious metals is in the action plan as well.
"These plans are relevant because without refining the level of production profitability will be reduced by 30 - 40%," said Arzakantsyan.
