Svarants mine

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Svarants mine
Location
LocationSvarants
townSyunik Province
CountryArmenia
Production
ProductsIron

The Svarants mine is a large mine in the south of Armenia in Syunik Province. Svarants represents one of the largest iron reserves in Armenia, having estimated reserves of 1.5 billion tonnes of ore grading 40% iron.[1][2] Sravants is controlled by Bounty Resources Armenia, and, in 2011, Fortune Oil acquired a 35% stake of Bounty Resources Armenia.[2][3]

References[edit]

  1. ^ "Fortune oil acquire stake in Armenian iron ore mines" (PDF). fortune-oil.com. 2010. Archived from the original (PDF) on 2016-03-04. Retrieved 2013-06-29.
  2. ^ a b "Fortune Oil to invest $500 mln in Armenia's mining". Reuters. 2011-02-23. Retrieved 2022-10-03.
  3. ^ Ecolur. "Dark Games around Svarants Mine - Ecolur". www.ecolur.org. Retrieved 2022-10-03.