GPM in the media

Media coverage highlights

GPM supports a gifted Russian pianist

Posted on Sep 24, 2013 in GPM in the media

On the Independence Day a concert, which stood out in the intensive musical life of Yerevan, took place in the Aram Khachaturian Grand Hall. That was a big success of Russian pianist Eduard Kunz, who was named among ten tomorrow's great pianists by the BBC Music Magazine.

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A new lease of life: management in action

Posted on Sep 10, 2013 in GPM in the media

A new lease of life Management in Action Mining Magazine September 2013 GeoProMining explains how it plans to maximise gold recovery from low- grade refractory ores at its Zod mine in Armenia using an innovative processing technology. Armenia’s mining industry has been a cornerstone of the national economy for centuries. International mining group GeoProMining (GPM) began operating there in 2007. The company saw promise in developing the Zod gold deposit in the Zangezur Range of the Lesser Caucasus region in the east of Armenia. Outcroppings of the deposit are thought to have been exploited...

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Poles apart: GeoProMining outlines its work in one of the coldest places in the Northern Hemisphere

Posted on Mar 4, 2013 in GPM in the media

Poles apart GeoProMining outlines its work in one of the coldest places in the Northern Hemisphere Mining Magazine March 2013 The international diversified mining group GeoProMining (GPM) has two assets in the Sakha Republic (Yakutia), northeastern Russia – the Sarylakh- Surma production complex, which consists of the Sarylakh mine and a processing plant, and Zvezda, which is developing the Sentachan gold and antimony deposit. The Sarylakh-Surma Complex and Zvezda have been part of GPM since 2007. When purchased by GPM, these facilities were not operational. After substantial investments,...

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GeoProMining: Taking a professional approach

Posted on Dec 13, 2012 in GPM in the media

GeoProMining: Taking a professional approach Business Excellence 11 December 2012 Vice president for strategy and business development, Sergei Nossoff, discusses how a combination of international mining expertise and on-the-ground experience has created an enviable track record of delivering significant cash flows from its assets. It has long been known that the ground beneath Eastern Europe is home to an abundance of natural resources, yet the difficulty posed by its terrain, amongst other challenges, has left a large part of this region unexplored. Those companies that have managed to...

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We are not a license market player; we are an industrial company

Posted on Nov 12, 2012 in GPM in the media

Why is the mining industry so conservative? What is special about this business in Armenia and globally? Why is it so important to cooperate and find a common language with environmental organizations? Will there be an end to the world financial crisis soon? Find answers to all these vital questions in ArmInfo’s interview with GeoProMining founder and shareholder Siman Povarenkin.

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GeoProMining to maintain output in 2012, hold off on IPO

Posted on Mar 23, 2012 in GPM in the media

GeoProMining (GPM) plans to maintain production this year at the 2011 level, the company's senior vice president, Sergei Nossoff said in an interview with Interfax. GPM reported earlier that it reduced gold production 5.4% to 146,000 ounces in 2011. Copper production fell 3.7% to 12,400 tonnes, but production of antimony in concentrate rose 5.1% to 6,400 tonnes. The company also produced 300 tonnes of associated molybdenum in concentrate and 181 tonnes of silver.

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GPM Gold Plans to Increase Annual Gold Production to 150,000 ounces Beginning from 2014

Posted on Mar 20, 2012 in GPM in the media

Exclusive interview with GPM GOLD CEO Vladimir Kozlov.

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Resources for Good from GeoProMining

Posted on Feb 11, 2012 in GPM in the media

The international mining group GeoProMining, administration of the Ararat district and Armenian Social Investment Fund signed a protocol on cooperation in the region’s social development. The first step in this programme entails the company’s allocation 90 million drams toward the construction of a kindergarten for the community of Aintap. ArmInfo’s correspondent asked CEO Roman Khudoliy, to speak about GPM’s social investment projects and corporate social responsibility (CSR) programmes.

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GeoProMining looks downstream in “˜exciting” antimony market

Posted on Dec 7, 2011 in GPM in the media

GeoProMining is considering moves further downstream in antimony production as it looks to strengthen its position in a market dominated by China.

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A Real Gold Mine

Posted on Nov 17, 2011 in GPM in the media

With the price of gold tripling over the last five years, some commentators have suggested that a bubble is forming in the gold market. Markets can become overheated, of course, but I believe that what we are seeing today is better explained as a return to a gold standard. Essentially, people want to know that their money is safe, especially with the extra liquidity and inflation that we now see in the global economy.

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