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New Furnace Put Into Operation At Alaverdi Copper Smeltery

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  • New Furnace Put Into Operation At Alaverdi Copper Smeltery

    NEW FURNACE PUT INTO OPERATION AT ALAVERDI COPPER SMELTERY

    Noyan Tapan
    Feb 26 2007

    YEREVAN, FEBRUARY 26, NOYAN TAPAN. Armenian Copper Program (ACP)
    company produced about 8.8 thousand tons of black cooper and processed
    48,224 tons of concentrate in 2006 against 9.9 thousand tons and
    52,505 tons respectively in 2005. ACP director Gagik Arzumanian told NT
    correspondent that this decline in production volumes is conditioned
    by the use of old smelting furnace at the Alaverdi copper smeltery
    last year. He said that a new furnce was put into operation recently,
    which will ensure the previous volumes of production. According to
    G. Arzumanian, the company does not yet envisage deeper processing of
    cooper ore because it is not economically profitable. ACP director
    said that the company is conducting a large-scale geological survey
    at the Teghut copper and molybdenum mine. In his words, according to
    data of the Soviet time, the Teghut mine has ore of about 450 mln tons,
    in which copper content makes 1.6 mln tons, while molybdenum content -
    99 thousand tons. The company director noted that the geological survey
    work allows to assume that assessment of resources will not change.
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