Aluminum   $ 2.1505 kg        |         Cobalt   $ 33.420 kg        |         Copper   $ 8.2940 kg        |         Gallium   $ 222.80 kg        |         Gold   $ 61736.51 kg        |         Indium   $ 284.50 kg        |         Iridium   $ 144678.36 kg        |         Iron Ore   $ 0.1083 kg        |         Lead   $ 2.1718 kg        |         Lithium   $ 29.821 kg        |         Molybdenum   $ 58.750 kg        |         Neodymium   $ 82.608 kg        |         Nickel   $ 20.616 kg        |         Palladium   $ 40303.53 kg        |         Platinum   $ 30972.89 kg        |         Rhodium   $ 131818.06 kg        |         Ruthenium   $ 14950.10 kg        |         Silver   $ 778.87 kg        |         Steel Rebar   $ 0.5063 kg        |         Tellurium   $ 73.354 kg        |         Tin   $ 25.497 kg        |         Uranium   $ 128.42 kg        |         Zinc   $ 2.3825 kg        |         
Image source: /

The authorities acknowledge the existence of problems associated with exports in the mining industry, which are not always made known in a timely manner. The corresponding statement in a conversation with journalists on December 19 was made by the Deputy Minister of Territorial Administration and Infrastructures of Armenia Hovhannes Harutyunyan.

He assured that in terms of statistics, the Government is not keeping anything related to the non-functioning of the Sotsky mine secret. “The Teghout mine did not work for about 7-8 months,” Harutyunyan noted.

He emphasized that Armenia ranks quite high in terms of transparency and accountability in the mining sector. “We are constantly tightening standards,” the official was quoted as saying by Armenian News.

Meanwhile, the Zangezur Copper-Molybdenum Combine presented another report on sustainable development.

General Director of ZMMK, Roman Khudoliy, noted in his welcoming speech: “We are confident that the path to mutually beneficial development of all stakeholders and making the maximum contribution to the economic progress of Armenia is the introduction of a responsible approach in all areas of our activities. This year, I am especially proud that we are publishing not only a Sustainability Report, but also conducting the first industry study based on TCDF principles in Armenia. This report includes not only our achievements, but also our omissions, and this is proof of real responsibility. Sustainability is not an end point, but a challenging endeavor and an ongoing journey that we take every day.”

Deputy of the People’s Assembly of the Republic of Armenia, Chairman of the NA Standing Committee on Economic Affairs Babken Tunyan noted the importance of publishing the Sustainable Development Report, noting that this is a responsible approach to work. “It is gratifying that one of the pioneers of this style of work is ZMMK, which, as the largest mining company, becomes the standard and sets a new bar for the entire mining industry.