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.
Region
Caspian and Caucasus
83 published stories in this archive.
Miscellaneous
Anglo Asian Mining Begins Production at Gilar Underground Mine in Azerbaijan
Anglo Asian Mining has begun production at its Gilar underground mine in Azerbaijan, aiming to reach a monthly ore output of 50,000 to 60,000 tonnes.
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.
Investment Projects
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
Anglo Asian Mining PLC Mines First Ore from Gilar Underground Deposit at Gedabek
Anglo Asian Mining PLC has mined the first ore from its new Gilar underground deposit in Azerbaijan.
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.
Industry News
Azerbaijan’s Mining Industry Production Volume Revealed for 2024
This report reflects a shift in production levels, with decreases seen across key sectors of the mining industry.
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.