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Description of the Mining Sector of Armenia Eiti.am

Description of the Mining Sector of Armenia The metal-mining industry in Armenia has a long history, dating back to the late-eighteenth century, when copper mining began in Alaverdi, Lori marz (province).

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Armenian mining sector at a strategic crossroad EV

In 2017, mining and quarrying sector of Armenia attracted FDI of about 250 million USD, which seems high number when reviewed in comparison with Armenia’s other sectors’ FDI and the economy size overall.

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Armenia Extractive Industries Transparency Initiative

2020-9-22 · Copper is the main mineral for Armenia’s mining sector which contributed to 26.6% of total exports from Armenia in 2017. The country also produces significant volumes of molybdenum, ferromolybdenum, zinc as well as gold and silver alloy.

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Armenia makes significant progress in mining sector:

2020-7-30 · “Following Armenia’s first validation assessment since it joined the EITI in 2017, the EITI Board commended the Government of Armenia (GOAM) and the EITI Multi-Stakeholder Group for its exemplary progress, highlighting its efforts to elevate mining issues into broader transparency and governance efforts, integrate the EITI process into the reform agenda of the mining sector

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STAKEHOLDER ANALYSIS OF THE MINING SECTOR IN

2017-2-17 · survey noted the following problems in Armenia’s mining sector: Poor enforcement of the law, a lack of information from mining companies, the irreversible impact on the environment and human health, impoverishment of areas with heavy mining, and the government’s decision to become an “attachment” state that allows developed

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Armenia: Mining Growing Three Times Faster Than

2020-1-15 · The mining sector grew by 23.9% in 2019. The volume of mining output in January-November of this year, according to the SC, amounted to 323.5 billion drams . The volume of the mining sector mainly derives from the extraction of metal ores. Armenia’s Teghout copper and molybdenum concentrate mine was relaunched in July 2019 after a break of 18 months.

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Who owns Armenia's mines? / Armenia / Areas /

Armenia played a significant role in the the USSR’s mining sector, and was the third largest mining republic after Russia and Kazakhstan. After the Soviet collapse, mining companies which were previously state-owned were gradually privatised, up until the mid-2000s, when the state no longer had any share in mining.

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The Third Sector in Armenia: How to Win Against

There are more than 670 mines in Armenia, and the mining industry represents over 50% of all exports. The mining sector employs around 10,000 people. The most important lesson that I’ve learned from the Velvet Revolution was that a healthy civil society can not only address the concerns of its citizens but also be a tool of invigilation of governmental policies.

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National Report Eiti.am

Second EITI Report of Armenia 2018. The Republic of Armenia publishes the second National EITI Report of Armenia, which represents the metal mining sector in Armenia in 2018. The report was compiled by Ernst & Young CJSC, the Independent Administrator, and approved by the EITI MSG of

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Description of the Mining Sector of Armenia Eiti.am

Description of the Mining Sector of Armenia. The metal-mining industry in Armenia has a long history, dating back to the late-eighteenth century, when copper mining began in Alaverdi, Lori marz (province). Copper was also discovered in Kapan in Syunik marz, where mining began in the mid-nineteenth century, and these two marzes continue to be

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Armenia Extractive Industries Transparency Initiative

2020-9-22 · The metal mining sector is an important contributor to the Armenia’s economy and is one of the fastest-growing sector in the country’s largely agricultural economy. In 2017, the taxes and payments paid by the metal mining companies to the State budget

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Armenia Chaarat

Why Armenia? Why invest in Mining in Armenia. Established Mining Jurisdiction Chaarat bought Kapan with mining history since the 1960s; Mining sector is one of the most important sectors and revenue generators in country Chaarat pays multi million mining royalty and corporate tax

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Armenia : Strategic Mineral Sector Sustainability

The mining sector in Armenia has yet to adopt global best practices in this sector, and this paper aims to provide guidance on some of the mechanisms that can be adopted to improve the governance and overall impact of mining in the country. The document is structured as follows: chapter one presents an introduction to this thematic paper.

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STAKEHOLDER ANALYSIS OF THE MINING SECTOR IN

2017-2-17 · governmental body that has an interest and/or decision-making power in the mining sector in Armenia. The following is a list of stakeholders in Armenia’s mining sector: Governmental bodies (national, regional, and local self-government level) Scientific institutions Non-governmental organizations (NGOs) Private industry

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The Third Sector in Armenia: How to Win Against

The mining industry employs about 10,000 people in Armenia, and the immediate closure of mines will only contribute to already existing high unemployment rates. The government, in response to this trend, is beginning the process of transforming the mining-dependent economy into that of a multisectoral nature.

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Armenia Mining, Oil and Gas

2016-9-16 · This report provides a review of the Armenian mining sector, and assesses its potential to contribute to sustainable economic growth and development. Based on the findings, it provides recommendations for initiatives and actions for the future development of the sector. The report was produced in the period October 2015 to April 2016.

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National Report Eiti.am

The Republic of Armenia publishes the second National EITI Report of Armenia, which represents the metal mining sector in Armenia in 2018. The report was compiled by Ernst & Young CJSC, the Independent Administrator, and approved by the EITI MSG of Armenia.

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The Biggest Industries In Armenia WorldAtlas

2019-9-23 · The following are some of the most important industries in Armenia. Mining Industry . Armenia’s economy is largely supported by the mining industry, with the sector having contributed 50% of the country’s exports in 2011. Major minerals include molybdenum, diamond, and copper which are found in Lori province. Gold deposits are also mined.

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Armenia Armenia Countries & Regions JICA

2018-2-21 · As per the estimated per-capita GDP of US$ 3,780 (GNI, 2014), Armenia is a lower middle-income country. One of the key sectors of Armenia's economy is the Mining Sector, which is also considered one of the fastest growing exporting sectors during the recent years.

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