RUSSIAN-ARMENIAN URANIUM COMPANY TO START OPERATIONS BEFORE END OF 2008
Interfax
April 22 2008
Russia
Russia and Armenia have a signed a memorandum to set up a joint venture
for geological survey and production of uranium and other minerals,
Atomredmetzoloto said.
The document was signed in Yerevan on Tuesday by Armenian Environment
Minister Aram Arutiunian and Vadim Zhivov, General Director at Russian
uranium producer Atomredmetzoloto.
The company is being set up on a parity basis. It is expected to be
registered within three months and to start the geological survey
operation in the Syunik region in southern Armenia before the end
of 2008.