URANIUM EXPLORATION WILL START IN ARMENIA IN 2008
Exploration of uranium deposits in Armenia will start in 2008, said yesterday on a press conference Armenian Environment Minister Aram Haroutiunian.
According to the Minister, deposits are prospected by a recently created Armenian-Russian joint venture whose shares are divided equally. The license for prospecting activities will be given to the company for 5 years.
To be reminded, the Armenian Government recently made decision on joining the agreement on creation of an international center for uranium enrichment in Angarsk. The founders of the center are Russia and Kazakhstan.
Earlier, during his visit to Yerevan, head of RosAtom Sergey Kiriyenko said that the latest research discovered that Armenia may posses 1.5-2 times more uranium resources than it wad been estimated in the Soviet period. The deposit is located in Syunik region of Armenia and contains about 30 thousand tons of uranium bearing ore. Russia is ready to expand the prospecting works.
For the first time the opportunity of establishing of the Armenian-Russian uranium processing company was discussed during the meeting of the Armenian and Russian Presidents Robert Kocharian and Vladimir Putin in Sochi, early 2007.
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