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Armenian And Russian Specialists To Implement Work On Geological Exp

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  • Armenian And Russian Specialists To Implement Work On Geological Exp

    ARMENIAN AND RUSSIAN SPECIALISTS TO IMPLEMENT WORK ON GEOLOGICAL EXPLORATION OF URANIUM MINES IN ARMENIA

    Noyan Tapan
    Apr 23 2007

    YEREVAN, APRIL 23, NOYAN TAPAN. On April 23 the RA Ministry of Nature
    Protection and the RF Atomic Energy Agency signed a cooperation
    memorandum on prospecting, exploration and operation of uranium mines
    in Armenia. The memorandum was signed by the RA Minister of Nature
    Protection Vardan Aivazian and the Head of the Russian Atomic Energy
    Agency Sergei Kirienko.

    V. Aivazian said that in 2000, the governments of the two countries
    signed the agreement on cooperation in the use of atomic energy for
    peaceful purposes. In early 2007, the Russian side presented a draft
    joint action plan on exploration and operation of uranium mines.

    According to the minister, an Armenian-Russian joint venture will
    be set up for geological exploration of uranium mines and their
    preliminary industrial assessment, with Geoeconomica state CJSC
    representing the Armenian side.

    Unranium mine exploration will mainly be done in Syunik marz.

    S. Kirienko said that geological surveys in the Soviet time showed
    that Armenia has uranium resources of at least 30 thousand tons. In
    his words, the real resorces may be 2-3 times as much, which will
    allow Armenia to export uranium. He noted that uranium is the only
    power-bearing substance whose price has increased 10fold in recent
    years. According to S. Kirienko, Russian geologists will come
    to Armenia in a few weeks. The preparatory work related to mine
    exploration is envisaged to be completed by late 2007.

    V. Aivazian said that no uranium enrichment will be done in Armenia. A
    "political agreement" has been reached with Russia, according to which
    Armenia will participate in the creation of the newly-established
    International Atomic Center where uranium enrichment will be carried
    out.
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