Armenian Copper Programme Raises Production Of Unrefined Copper 9.9%

ARMENIAN COPPER PROGRAMME RAISES PRODUCTION OF UNREFINED COPPER 9.9% FOR NINE MONTHS OF 2013

by Arthur Yernjakyan

ARMINFO
Tuesday, October 22, 16:07

Armenian Copper Programme (ACP) raised production of unrefined copper
9.9% for the nine months of 2013 to 8,102 tons versus 7,369 tons for
the same period of 2012, the ACP press-service told ArmInfo.

ACP processed 36,282 tons of dry metric tons of copper concentrate for
the period under review versus 33,930 tons for the nine months of 2012.

The company is supplied with concentrate from the affiliated company,
Base metals CJSC in Nagorno- Karabakh Republic and Zangezour copper and
molybdenum combine CJSC (south of Armenia). The copper content in the
latter’s concentrate is higher. The production is exported to Europe.

To recall, in 2012 ACP raised production of unrefined cooper 13.5%
to 10,075 tons versus 8,877 tons in 2011. 100% of ACP cjsc’s shares
belong to Valery Mejlumyan, a citizen of Russia.