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.
Region
Caspian and Caucasus
90 published stories in this archive.
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.
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.
Miscellaneous
Армения выдала все необходимые разрешения для эксплуатации Амулсарского золотоносного месторождения
Компания Lydian Armenia получила все разрешения для эксплуатации Амулсарского золота, с планами по запуску в 2025 году.