{"id":86259,"date":"2023-01-24T16:09:17","date_gmt":"2023-01-24T12:09:17","guid":{"rendered":"https:\/\/dev.armhanq.com\/geopromining-gold\/"},"modified":"2026-04-12T22:03:28","modified_gmt":"2026-04-12T18:03:28","slug":"geopromining-gold","status":"publish","type":"page","link":"https:\/\/dev.armhanq.com\/en\/about-us\/miutyan-andamner\/geopromining-gold\/","title":{"rendered":"\u201cGeopromining Gold LLC\u201d"},"content":{"rendered":"\n
  • About the Company<\/span><\/li>
  • Head<\/span><\/li><\/ul><\/div>
    \n
    \n

    Geopromining Gold LLC<\/strong> operates the Sotk gold mine<\/strong> and the Ararat gold extraction plant<\/strong>.<\/p>\n

    The remaining reserves of the Sotk deposit are estimated at 47.7 tons of gold<\/strong> (as of January 1, 2021).<\/p>\n

    The Sotk mine is exploited using both open-pit and underground mining methods<\/strong>.<\/p>\n

    The production capacity is approximately 1.75 million tons of ore per year<\/strong>.<\/p>\n

    The company is listed among Armenia\u2019s largest taxpayers<\/strong>.<\/p>\n

    \u00a0<\/p>\n

    Development History<\/strong><\/p>\n

    Since its acquisition, Geopromining Gold LLC<\/strong> has invested over USD 300 million<\/strong> for the development of the company. The investment program included the technical re-equipment of the open-pit mine<\/strong> and the technological modernization of the Ararat gold extraction plant<\/strong>.<\/p>\n

    At the time of acquisition, the Sotk mine and Ararat plant were non-operational, primarily due to a lack of ore ready for processing.<\/p>\n

    In a short period, Geopromining successfully restarted both the mine and the plant. However, the technological equipment at the Ararat plant was not designed to process the remaining sulfide ore<\/strong> from the Sotk deposit.<\/p>\n

    To address this, Geopromining completely reengineered the ore processing technology<\/strong> at the Ararat plant. Based on a thorough analysis of Sotk ore, the company implemented the advanced Albion technology<\/strong> from the Australian company Xstrata<\/strong>, which ensures the highest gold recovery rates<\/strong> while maintaining the best environmental standards<\/strong>.<\/p>\n

    Albion\u2019s unique technology allows for the simple and efficient processing of sulfide ore to maximize metal recovery. Previously, it had only been developed, patented, and applied by Xstrata in Australia and the Dominican Republic<\/strong> for copper ore. The Sotk project in Armenia represents the first application of this technology for gold ore processing<\/strong>.<\/p>\n

    The modernization of the Ararat gold plant also led to an increase in employment<\/strong>. The company currently employs 1,350 people<\/strong>.<\/p>\n

    Corporate Social Responsibility<\/strong><\/p>\n

    For more than two decades, we have remained committed to the principles of corporate citizenship<\/strong> and social-humanitarian activity<\/strong> in the regions where we operate. The company considers strong relationships with local communities an integral part of its business development<\/strong>.<\/p>\n

    We closely monitor the impact of our operations on society and the environment and, guided by our corporate philosophy, implement social and humanitarian projects<\/strong>. As a responsible corporate citizen, we strive to address social challenges in regions where the company has the resources, knowledge, and capacity<\/strong> to make a difference.<\/p>\n

    We regularly invest in social programs<\/strong> aimed at developing infrastructure, maintaining sanitary and hygiene standards<\/strong>, supporting utilities, reconstructing roads, improving fire safety<\/strong>, ensuring energy and water supply<\/strong>, and implementing gasification projects<\/strong> for villages, schools, and kindergartens.<\/p>\n

    The company also places special emphasis on education, culture, sports, environmental protection, and healthcare<\/strong>.<\/p>\n<\/div><\/div>\n\n\n\n

    \n
    \"\"<\/figure>
    \n

    General Director: Anatoly Gogotin<\/strong><\/p>\n\n\n\n

    Anatoly Gogotin has over 40 years of experience<\/strong> in the mining industry. From 2011 to 2015<\/strong>, he served as the Technical Director<\/strong> of Geopromining Gold LLC. Prior to that, from 2003 to 2011<\/strong>, he was the Director of Aktobe (Aktyubinsk) Copper Company<\/strong>, and from 1999 to 2003<\/strong>, he served as General Director of Alexandriyskaya Mining Company<\/strong>.<\/p>\n\n\n\n

    In the 1990s, Gogotin worked at the Uchalinsky Mining and Processing Plant<\/strong>, rising from Deputy Chief Engineer to become the Director of the Uzelginskoye Deposit<\/strong>.<\/p>\n\n\n\n

    Education:<\/strong><\/p>\n\n\n\n

    Moscow Institute of Economics and Law<\/strong> \u2013 Corporate Economics<\/p>\n\n\n\n

    Krasnoyarsk Institute of Non-Ferrous Metals<\/strong> \u2013 Mining Engineering (Engineering and Mechanization)<\/p>\n<\/div><\/div>\n<\/div><\/div>\n<\/div><\/div><\/div>\n","protected":false},"excerpt":{"rendered":"

    About the CompanyHead Geopromining Gold LLC operates the Sotk gold mine and the Ararat gold extraction plant. The remaining reserves of the Sotk deposit are estimated at 47.7 tons of gold (as of January 1, 2021). The Sotk mine is exploited using both open-pit and underground mining methods. The production capacity is approximately 1.75 million …<\/p>\n","protected":false},"author":1,"featured_media":1662,"parent":86280,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_uag_custom_page_level_css":"","advgb_blocks_editor_width":"","advgb_blocks_columns_visual_guide":"","footnotes":""},"class_list":["post-86259","page","type-page","status-publish","has-post-thumbnail","hentry"],"uagb_featured_image_src":{"full":["https:\/\/dev.armhanq.com\/wp-content\/uploads\/2023\/01\/\u0563\u0565\u0578\u057a\u0580\u0578\u0574\u0561\u0575\u0576\u056b\u0576\u0563-\u056c\u0585\u0563\u0585.jpg",708,352,false],"thumbnail":["https:\/\/dev.armhanq.com\/wp-content\/uploads\/2023\/01\/\u0563\u0565\u0578\u057a\u0580\u0578\u0574\u0561\u0575\u0576\u056b\u0576\u0563-\u056c\u0585\u0563\u0585-150x150.jpg",150,150,true],"medium":["https:\/\/dev.armhanq.com\/wp-content\/uploads\/2023\/01\/\u0563\u0565\u0578\u057a\u0580\u0578\u0574\u0561\u0575\u0576\u056b\u0576\u0563-\u056c\u0585\u0563\u0585-300x149.jpg",300,149,true],"medium_large":["https:\/\/dev.armhanq.com\/wp-content\/uploads\/2023\/01\/\u0563\u0565\u0578\u057a\u0580\u0578\u0574\u0561\u0575\u0576\u056b\u0576\u0563-\u056c\u0585\u0563\u0585.jpg",620,308,false],"large":["https:\/\/dev.armhanq.com\/wp-content\/uploads\/2023\/01\/\u0563\u0565\u0578\u057a\u0580\u0578\u0574\u0561\u0575\u0576\u056b\u0576\u0563-\u056c\u0585\u0563\u0585.jpg",620,308,false],"gs-tiny":["https:\/\/dev.armhanq.com\/wp-content\/uploads\/2023\/01\/\u0563\u0565\u0578\u057a\u0580\u0578\u0574\u0561\u0575\u0576\u056b\u0576\u0563-\u056c\u0585\u0563\u0585.jpg",50,25,false],"xl":["https:\/\/dev.armhanq.com\/wp-content\/uploads\/2023\/01\/\u0563\u0565\u0578\u057a\u0580\u0578\u0574\u0561\u0575\u0576\u056b\u0576\u0563-\u056c\u0585\u0563\u0585.jpg",708,352,false],"xxl":["https:\/\/dev.armhanq.com\/wp-content\/uploads\/2023\/01\/\u0563\u0565\u0578\u057a\u0580\u0578\u0574\u0561\u0575\u0576\u056b\u0576\u0563-\u056c\u0585\u0563\u0585.jpg",708,352,false],"xxxl":["https:\/\/dev.armhanq.com\/wp-content\/uploads\/2023\/01\/\u0563\u0565\u0578\u057a\u0580\u0578\u0574\u0561\u0575\u0576\u056b\u0576\u0563-\u056c\u0585\u0563\u0585.jpg",708,352,false],"xxxxl":["https:\/\/dev.armhanq.com\/wp-content\/uploads\/2023\/01\/\u0563\u0565\u0578\u057a\u0580\u0578\u0574\u0561\u0575\u0576\u056b\u0576\u0563-\u056c\u0585\u0563\u0585.jpg",708,352,false],"xxxxxl":["https:\/\/dev.armhanq.com\/wp-content\/uploads\/2023\/01\/\u0563\u0565\u0578\u057a\u0580\u0578\u0574\u0561\u0575\u0576\u056b\u0576\u0563-\u056c\u0585\u0563\u0585.jpg",708,352,false],"1536x1536":["https:\/\/dev.armhanq.com\/wp-content\/uploads\/2023\/01\/\u0563\u0565\u0578\u057a\u0580\u0578\u0574\u0561\u0575\u0576\u056b\u0576\u0563-\u056c\u0585\u0563\u0585.jpg",708,352,false],"2048x2048":["https:\/\/dev.armhanq.com\/wp-content\/uploads\/2023\/01\/\u0563\u0565\u0578\u057a\u0580\u0578\u0574\u0561\u0575\u0576\u056b\u0576\u0563-\u056c\u0585\u0563\u0585.jpg",708,352,false],"tie-small":["https:\/\/dev.armhanq.com\/wp-content\/uploads\/2023\/01\/\u0563\u0565\u0578\u057a\u0580\u0578\u0574\u0561\u0575\u0576\u056b\u0576\u0563-\u056c\u0585\u0563\u0585-70x70.jpg",70,70,true],"tie-large":["https:\/\/dev.armhanq.com\/wp-content\/uploads\/2023\/01\/\u0563\u0565\u0578\u057a\u0580\u0578\u0574\u0561\u0575\u0576\u056b\u0576\u0563-\u056c\u0585\u0563\u0585-300x160.jpg",300,160,true],"slider":["https:\/\/dev.armhanq.com\/wp-content\/uploads\/2023\/01\/\u0563\u0565\u0578\u057a\u0580\u0578\u0574\u0561\u0575\u0576\u056b\u0576\u0563-\u056c\u0585\u0563\u0585-620x330.jpg",620,330,true]},"uagb_author_info":{"display_name":"admin","author_link":"https:\/\/dev.armhanq.com\/en\/author\/admin\/"},"uagb_comment_info":0,"uagb_excerpt":"About the CompanyHead Geopromining Gold LLC operates the Sotk gold mine and the Ararat gold extraction plant. The remaining reserves of the Sotk deposit are estimated at 47.7 tons of gold (as of January 1, 2021). The Sotk mine is exploited using both open-pit and underground mining methods. The production capacity is approximately 1.75 million…","coauthors":[],"author_meta":{"author_link":"https:\/\/dev.armhanq.com\/en\/author\/admin\/","display_name":"admin"},"relative_dates":{"created":"Posted 3 years ago","modified":"Updated 1 month ago"},"absolute_dates":{"created":"Posted on 24\/01\/2023","modified":"Updated on 12\/04\/2026"},"absolute_dates_time":{"created":"Posted on 24\/01\/2023 16:09","modified":"Updated on 12\/04\/2026 22:03"},"featured_img_caption":"","featured_img":"https:\/\/dev.armhanq.com\/wp-content\/uploads\/2023\/01\/\u0563\u0565\u0578\u057a\u0580\u0578\u0574\u0561\u0575\u0576\u056b\u0576\u0563-\u056c\u0585\u0563\u0585.jpg","series_order":"","_links":{"self":[{"href":"https:\/\/dev.armhanq.com\/en\/wp-json\/wp\/v2\/pages\/86259","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dev.armhanq.com\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/dev.armhanq.com\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/dev.armhanq.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dev.armhanq.com\/en\/wp-json\/wp\/v2\/comments?post=86259"}],"version-history":[{"count":2,"href":"https:\/\/dev.armhanq.com\/en\/wp-json\/wp\/v2\/pages\/86259\/revisions"}],"predecessor-version":[{"id":86831,"href":"https:\/\/dev.armhanq.com\/en\/wp-json\/wp\/v2\/pages\/86259\/revisions\/86831"}],"up":[{"embeddable":true,"href":"https:\/\/dev.armhanq.com\/en\/wp-json\/wp\/v2\/pages\/86280"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dev.armhanq.com\/en\/wp-json\/wp\/v2\/media\/1662"}],"wp:attachment":[{"href":"https:\/\/dev.armhanq.com\/en\/wp-json\/wp\/v2\/media?parent=86259"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}