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AREVA Mongol: exploration support

Dulaan Uul, East zone, Mongolia.

AREVA has been present in Mongolia since 1996. It is represented by AREVA Mongol, a 100% group-owned subsidiary. Since 2006, AREVA has been active in Mongolia, providing technical support collaboration for the exploration and mining of uranium.

Dulaan Uul, a promising zone of exploration

AREVA Mongol has 28 exploration licenses covering more than 14,100 kilometers.

Its activity is centered around the Gobi Desert and more specifically, the East Gobi Province, in the southeast of the country. This huge sedimentary basin contains the promising deposit of Dulann Uul ("hot mountain" in Mongolia), a site particularly well-suited to in-situ recovery (ISR)* mining technology.

Following exploratory probing with an eye toward future mining operations, a series of hydrogeological tests, essential for any ISR project, are underway, in preparation for an ISR test scheduled for 2010.
This vital phase marks the transition from exploration to development, the final phase prior to mining.

* In-situ recovery (ISR) – Mining method where the ore is dissolved by injecting chemical solutions through wells and then extracted by pumping.

Since its creation, the company has contributed to local development, regularly committing financial resources to actions in the following areas:

  • Education
  • Health
  • Local access to water
  • Agriculture

Some key dates

  • October 2009: Signature of a cooperative accord with the Mongolian Nuclear Power Agency to conduct studies and train managers in the nuclear power sector.
  • AREVA's shares in COGEGOBI are transferred to AREVA Mongol, which also acquires GOBIGEO's shares. AREVA Mongol now holds a 100% interest in COGEGOBI.
  • May 2008: Birth of AREVA Mongol, a 100% AREVA group-owned subsidiary, headquartered in Ulaanbaatar, the capital.
  • September 2007: Acquisition of East Asia Minerals Energy Company.
  • May 2006: AREVA signs an agreement with the Mongolian Ministry of Commerce and Industry. It defines the scope of technical support collaboration in terms of uranium mining and exploration.
  • 1997: COGEGOBI begins exploration in eastern Mongolia, in the Gobi province and the Dariganga region, and in the Dornod region in the north.
  • 1996: creation of COGEGOBI joint venture, in which COGEMA (now AREVA NC) has a 70% interest and GOBIGEO (Mongolian exploration and drilling company) a 30% interest.

Contact

AREVA MONGOL
Managing Director
Diplomatic Building 95
Suite 45 Chingeltei District
P.O. Box 134 Ulaanbaatar 38
Mongolia
Tel.: +976 70 11 06 75
Tel.: +976 70 11 04 75