EcoLur
The reserves of the metallic mines in Armenia, at current stock exchange rates are valued 4 trillion 138 billion 564 million 400 thousand USD, as assessed by Hrachya Avagyan, Chief Specialist of RA NAS Economics Institute, Dr. in Geological and Mineral Sciences at EcoLur Press Club on 9 August. As a rationale, Hrachya Avagyan presented data about the composition of precious metals in mines: thus, Armenia has 7 copper and molybdenum mines – Qajaran, Agarak, Aygedzor, Hanqasar, Dastakert, Hanqavan and Teghout. The reserves of these mines are assessed at 1 trillion 40 billion 824 million 554 thousand USD. The largest mine, Qajaran, has balances reserves of 2,230,763,800 tons plus off-balance reserves - 3 71 51 000 thousand tons. One ton of ore costs 5,230,000 USD taking into consideration it contain precious metals such as gold, vanadium, zinc, cobalt, nickel, pyrite etc, besides copper and molybdenum.
Out of five existing copper mines only three are mined. Besides copper, they also contain gold, silver, selenium, bismuth, gallium and germanium. Their reserves are assessed at 11 billion 280 million 609 thousand USD, while anticipated reserves – 7 billion 370 million 909 thousand USD. Gold-polymetallic mines, as a rule, are assessed with the content of 5 elements – gold, silver, copper, lead and zinc, such as Shahumyan, Azatek, Tukhmanuk, Gladzor and Akhtala mines. Three mines are already developed, they cost 19 billion 363 million 617 thousand USD. Their anticipated reserves are assessed at 56 billion 256 million 883 thousand USD. Gold mines are eight, out of which the largest is Sotq. Its reserves are assessed at 18 billion 349 million 760 thousand USD, while its anticipated reserves are assessed at 24 billion 685 million 277 thousand USD. Iron mines are 6, and three of them already have “tails” – Hrazdan, Svarants and Abovyan. Four mines are assessed and the cost of their reserves make up 2 trillion 623 billion 433 million USD.
August 13, 2013 at 14:09