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Russian-Armenian Uranium Company To Start Operations Before End Of 2

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  • Russian-Armenian Uranium Company To Start Operations Before End Of 2

    RUSSIAN-ARMENIAN URANIUM COMPANY TO START OPERATIONS BEFORE END OF 2008

    Interfax
    April 22 2008
    Russia

    Russia and Armenia have a signed a memorandum to set up a joint venture
    for geological survey and production of uranium and other minerals,
    Atomredmetzoloto said.

    The document was signed in Yerevan on Tuesday by Armenian Environment
    Minister Aram Arutiunian and Vadim Zhivov, General Director at Russian
    uranium producer Atomredmetzoloto.

    The company is being set up on a parity basis. It is expected to be
    registered within three months and to start the geological survey
    operation in the Syunik region in southern Armenia before the end
    of 2008.
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