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Zangezur Copper-Molybdenum Industrial Complex Plans To Obtain Up To

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  • Zangezur Copper-Molybdenum Industrial Complex Plans To Obtain Up To

    ZANGEZUR COPPER-MOLYBDENUM INDUSTRIAL COMPLEX PLANS TO OBTAIN UP TO 35 MLN TONS OF ORE PER ANNUM

    arminfo
    2007-09-03 19:17:00

    ArmInfo. Zangezur (Kajaran) Copper-Molybdenum Industrial Complex
    (ZCMIC) plans to increase the capacity of ore processing at
    Kajaran deposit to 35 mln tons per annum. As Mayor of Kajaran Vardan
    Gevorkyan told ArmInfo, the industrial complex has already undergone an
    ecological expertise and got permission for extension of the Artsvanik
    tailings storage of the plant's toxic wastes.

    The annual payments of ZCMIC to the state budget on subsoil use make up
    800 mln drams and 10 mln drams more are allocated for environmental
    measures in Kajaran. The industrial complex intends to obtain to
    12,5 mln tons of ore from the Kajaran deposit till the end, 2007,
    instead of 8 mln tons in 2006.

    With such volume of exploitation of the open mine, the wastes from
    flotation will be also increased, which will speed-up the process of
    overfill of the Artsvanik tailings storage. In view of this, it was
    resolved to extend the volumes of the tailings storage. With quick
    rates of molybdenum and copper price rise, the Kajaran industrial
    complex also undertakes to invest 95 mln drams in ecological measures.

    Moreover, the industrial complex plans to carry out thorough
    investigations in 2008 on the ecological situation of Kajaran's
    territory. The main part on investigations has already been carried
    out by employees of the Center of Ecological-Noosphere Researches
    of RA NAS, however, the Mayor of Kajaran refrained from giving data
    on investigation results, having promised to provide them in the
    near future.
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