ArmInfo. The Bulgarian company, on the initiative of Teghut CJSC, will conduct an examination of the Teghut mining project in September, in particular, geotechnical and hydrogeological studies of the stability of the tailings and dam. This is stated in the official statement of the Ministry of Territorial Administration and Infrastructures of the Republic of Armenia.
According to the source, the parties have already signed an agreement with the Bulgarian company for the necessary research activities. "The entire examination process will be under the direct control of the Bulgarian side, and the results will be ready in 7-8 months," the report said.
The press service of the department also reports that earlier the ministry held a meeting of the Deputy Minister of Territorial Administration and Infrastructures of the Republic of Armenia Lilia Shushanyan with the Director General of Tekhut CJSC Vladimir Nalyvaiko and the Executive Director of the company Karen Ghazaryan. During the meeting, the Deputy Minister emphasized the importance of maintaining a transparent work style in the framework of relations between the public and state bodies, especially on issues that are in the focus of public attention.
Recall that the program for the operation of the Teghout copper-molybdenum deposit was approved by the Armenian government in November 2007. By reserves, the Teghut deposit is the second in the republic after the Kajaran copper and molybdenum deposits in Syunik. Back in 1972, large-scale geological exploration work was carried out here, according to the results of which reserves of 450 million tons of ore with a content of 1.6 million tons of copper and 99 thousand tons of molybdenum were confirmed. Due to environmental problems, the project was suspended in February 2018, which had a negative impact on the country's economy.