Armenia To Set Up Uranium Prospecting Joint Venture With Russia


RIA Novosti
March 6 2008

YEREVAN, March 6 (RIA Novosti) – The Armenian government authorized
on Thursday the establishment of a joint venture with Russia for
the additional prospecting of uranium deposits in the South Caucasus

Russia’s state nuclear corporation Rosatom and the Armenian
environmental ministry agreed in February to set up a joint venture on
a parity basis for the additional prospecting of Armenian uranium,
which will be enriched in a specialized international center in
Angarsk, East Siberia.

The centre is to operate under the supervision of the International
Atomic Energy Agency (IAEA).

"This decision was made pursuant to a memorandum signed between
Rosatom and the Armenian environmental ministry on February 6, 2008
on developing cooperation in uranium prospecting, production and
processing," the Armenian government’s press office said.

Armenian uranium reserves are estimated at 30,000-60,000 metric tons.

From: Emil Lazarian | Ararat NewsPress

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Emil Lazarian

“I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS