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

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.

September 03, 2007