Teghout mine elements makes up 35,140,672, 373 USD

Teghout mine elements makes up 35,140,672, 373 USD

EcoLur

Only 80% of copper and molybdenum will be extracted from ores during Teghout copper and molybdenum mining, while the remaining 20% with toxic elements will be dumped into the tailing dump, as Hrachya Avagyan, Chief Specialist of RA NAS Economics Institute, Dr. in Geological and Mineral Science said at the press conference held EcoLur Press Club. “Together with 20% elements pyrite will also be dumped into the tailing dump, which contains selenium, tellurium – toxic elements: none of them will be extracted even an iota and will completely dumped into environment,” Hrachya Avagyan said.

The specialist opposes to Teghout mine development and has even applied to the government, “I have offered them to reprocess the content of Qajaran tailing dumps instead of Teghout. I am not pleased, as I have received a stupid answer. It’s more profitable to mine copper, iron and rhenium than Qajaran itself,” said Hrachya Avagyan and added that these elements have already been mines and don’t need many expenses.

Under the studies carried out by Hrachya Avagyan, the total value of Teghout mine elements makes up 35,140,672, 373 USD as of stock exchange prices for 2011.

 

16:23 August 20, 2013


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