 Besides the various enterprises based on the manufacturing of building materials, the town is also home to the Geopromining Gold recovery plant of Ararat, which extracts gold from the raw ore sent from the gold mine in Sotk which is east of Lake Sevan.About 0.46 grams of gold is extracted from each ton of sand unearthed at the mines.The extraction process involves first pulverizing the raw material, and then filtering out the gold using a cyanide nitrate chemical process.