Armenia’s metallic mineral reserves estimated to cost $4.138 trillion
09.08.2013,
17:12
Armenia’s metallic mineral reserves are estimated now to cost about $4.138 trillion , Hrachia Avakian, a leading specialist from the Institute of Economics of the National Academy of Sciences, said to a news conference today.
YEREVAN, August 9. / ARKA /. Armenia’s metallic mineral reserves are estimated now to cost about $4.138 trillion , Hrachia Avakian, a leading specialist from the Institute of Economics of the National Academy of Sciences, said to a news conference today.
According to him, Armenia is one of the richest nations in terms of metal ore deposits. He said there are seven proven copper-molybdenum deposits, the Kajaran deposit in the southern province of Syunik being one of the largest in the world. He said copper and molybdenum deposits contain 6.2 billion tons of metals, estimated to cost about $1.040 billion
"Armenia has also five explored deposits of copper-pyrite ores in Kapan, Alaverdi, Shamlugh, Lichk and Ankadzor, which contain over 935,600 tons of copper worth $11.42 billion.
As for iron ore, he said they are not being developed. He said also six largest fields may contain $2.6 billion worth metals. -0-
According to him, Armenia is one of the richest nations in terms of metal ore deposits. He said there are seven proven copper-molybdenum deposits, the Kajaran deposit in the southern province of Syunik being one of the largest in the world. He said copper and molybdenum deposits contain 6.2 billion tons of metals, estimated to cost about $1.040 billion
"Armenia has also five explored deposits of copper-pyrite ores in Kapan, Alaverdi, Shamlugh, Lichk and Ankadzor, which contain over 935,600 tons of copper worth $11.42 billion.
As for iron ore, he said they are not being developed. He said also six largest fields may contain $2.6 billion worth metals. -0-
