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.