Industry News
Armenia Reaffirms Commitment to Mining Strategy Despite Challenges
Armenia pledges to advance its mining strategy with a focus on digitalization, international standards, and new geological exploration.
Region
Armenia
48 published stories in this archive.
Industry News
Investors Flock to Central Asia’s Mining and Resources
Mining and Natural Resources Retain Nearly 50% of Foreign Investor Interest in Central Asia and the Caucasus, According to Montfort Eurasia’s 2025 Investor Perception Report.
Industry News
Armenian Government Recovers $1 Billion Through Zangezur Copper-Molybdenum Combine
The government of Armenia holds a 21.8% stake in ZCMC as of 2024, a commitment Pashinyan described as fulfillment of his earlier political promises.
Companies & Organisations
Armenian Government Approves $150 Million Loan Guarantee for Amulsar Gold Mine Revival
Armenia backs Amulsar gold mine revival with $150 million loan guarantee for Lydian Canada Ventures.
Companies & Organisations
ZCMC Management Set to Revise Payment Terms for Employees
ZCMC stated that revisions to the wage system, initiated in September 2024, will take into consideration work experience, qualifications, and tariff rate increases.
Companies & Organisations
Armenian Mining Giant Hit By First-Ever Workers’ Strike
Workers are demanding a 50% pay rise and improvements to their working environment.
Industry News
Armenia Develops Strategic Molybdenum Export Plan with USAID Support
As the strategy unfolds, stakeholders anticipate strengthened international trade relationships and enhanced economic opportunities for Armenia's mining and export sectors.
Companies & Organisations
Amulsar Gold Mine Set for September 2025 Opening, Says Minister
Gold mining at the Amulsar deposit in Armenia is projected to commence in September-October 2025, according to Armenian Economy Minister Gevorg Papoyan.
Companies & Organisations
Zangezur Copper and Molybdenum Plant Remains Armenia’s Top Taxpayer
In total, the top five taxpayers paid 315.4 billion AMD (approximately $795.3 million) to the state budget, showing an annual growth of 24.1%.
Industry News
Environmental Concerns Over Armenia’s Rivers Highlighted by Experts
Armenia's rivers face ecological threats from hydropower plants and mining, experts warn.