ArmInfo. Iran is interested in cooperation with Armenia in the mining industry, Deputy Minister of  Territorial Administration and Infrastructures of Armenia Hovhannes Harutyunyan and the Ambassador of the Islamic Republic of Iran to Armenia Mehdi Sobhani stated following their meeting. 

ArmInfo. I Positive results to be recorded at Kapan mining and processing enterprise in a short  period of time.  Newly appointed General Director of the Kapan mining and processing enterprise, Sasun Avetisyan, stated  during a meeting with Minister of Territorial Administration and Infrastructure of the  Republic of Armenia Gnel Sanosyan.

ArmInfo.Chaarat Gold has it has signed an agreement on the sale of the Kapan mine to the Quanto company  (Armenia) for $55.4mln, a press release by Chaarat gold reads.  

ArmInfo. The adoption of the  Strategy for the Development of the Mining Industry of Armenia is an  important step in the development of the mining industry, as it will  make it possible the industry to meet international standards.  Hovhannes Harutyunyan, Deputy Minister of Territorial Administration  and Infrastructures of the Republic of Armenia, stated  on June 27  during discussions organized by the Economic Journalists Club.

ArmInfo.Experts from the Czech Arnika NGO together with the Armenian "Center for Community Mobilization and Support" NGO   and the "EcoLur" Informational NGO , will conduct a new stage of research on chemical pollution in the Ararat community, Ararat region, and in the Melikgyukh village, Aragatsotn region.

ArmInfo.In August, the Russian market became one of the world's outsiders against the backdrop of powerful sales, but at the end of the month it managed to win back part of the losses. Which companies were in demand in August and which sectors will be in the focus of investors' attention in September - said Konstantin Tserazov, economist, former Deputy Head of Global Markets at Troika Dialog, in our interview.

ArmInfo.The Armenian government decided to establish a state duty of 15% of the  international price for the issuance of licenses, permits and  certificates for the export of raw materials, in particular  ferromolybdenum, copper and molybdenum concentrate to third  countries, provided that international prices for the latter remain  high. This is stated on the official Facebook page of the Ministry of  Economy of Armenia.

ArmInfo. The reporting of mining companies cannot inspire confidence. On January 19 at the National Assembly of Armenia, presenting a report on the work of the  parliamentary commission to investigate the legality and validity of  investment programs in the field of metal deposits approved by the  government of the country, Sergey Bagratyan, the chairman of the  commission, stated this on January 19.

ArmInfo. In Armenia, the  investor will not receive permits for the development of deposits in  the absence of research on the reserves of the mine. The country's  parliament at an extraordinary meeting on July 8 in the first reading  discusses amendments to the law "On bowels "and in a package of  related laws.

ArmInfo. From January 1, 2021, Armenian business entities developing mines will have to pay taxes on production waste. Minister of Environment of the Republic of Armenia  Erik Grigoryan  announced on January 9 at a meeting of the  Parliamentary Inquiry Committee for Studying the legality validity  and reliability of financial and other reports submitted to the  bodies of executive power and adopted by them in the framework of  investment programs in the area of industrial metal mining.   According to him, from January 1, 2021, payments to the state budget  will begin, which has never happened before. At the same time, the  amount of taxes will vary depending on the degree of environmental  hazards of the mine and will start from 40 thousand drams. Moreover,  in this case we are talking about both polymetallic and non-metal  mines.

ArmInfo. Inquiry Committee for Studying the legality validity and reliability of financial and  other reports submitted to the bodies of executive power and adopted  by them in the framework of investment programs in the area of  industrial metal mining at the meeting on November 25, discussed the  information provided by the General Prosecutor's Office and the  Ministry of Territorial Administration and Infrastructures of the  Republic of Armenia.

ArmInfo.  In the course of  inspections conducted by the Prosecutor General's Office, a number of  violations were identified in the activities of one of the mining  companies engaged in the development of a gold-polymetallic deposit  in the Lori region.

ArmInfo. The process of introducing the institution of real owners begins in Armenia. On October 29, RA Minister of Justice Rustam Badasyan announced this on  the sidelines of the "Transparency of Owners" forum that opened in  Yerevan.

ArmInfo. At its first reading session on October 23, the Armenian parliament amended the Subsoil Code and the package of related laws, which were discussed  the day before.

ArmInfo. In the first half of 2020, it is planned to complete work on the development of a strategy for the mining industry. Deputy Minister of Territorial  Administration announced this on October 22 from the rostrum of the  Parliament and Infrastructure Lilia Shushanyan, who in the first  reading introduced amendments to the Subsoil Code and the package of  related laws.

ArmInfo.The reason for the departure of Dundee Princes Metal Kapan from Armenia in 2016 was exorbitant fines by the State Revenue Committee. A post about this on  his Facebook page was left by the former CEO of the company, Grach  Dzhabrayan.  According to him, starting from the first quarter of  2013, the State Revenue Committee began conducting inspections at the  company, on the basis of which Dundee Precious  Metal Kapan was fined  $ 10 million in 2014.

ArmInfo. Polymetal will continue to search for buyers at the Lichkvaz field in Armenia, its last asset in this country. As the newspaper "Kommersant", The small  producer Chaarat Gold had a preferential right to purchase, but he  refused to buy because of the high content of arsenic in the ore.  "The asset is good, we consider the chances for its implementation to  be quite good," Polymetal told Kommersant.

ArmInfo.The structure of the mining industry in Armenia is disturbing.  This was stated by the Prime Minister of Armenia Nikol Pashinyan on May 21 at the scientific  conference "Basic Guidelines of the Economic Revolution in the  Republic of Armenia" in Yerevan.

ArmInfo.On July 1, 2019, the law will take effect at identifying the real beneficiaries of field of mineral resource use and extraction of commercial minerals. This was  stated by the Prime Minister of Armenia Nikol Pashinyan at the  scientific conference "Basic Guidelines of the Economic Revolution in  Armenia" on May 21 in Yerevan.

ArmInfo.. Armenia intends to increase transparency in the field of subsoil use and mining. On  April 18, at the plenary session of the National Assembly of the Republic of Armenia, amendments to the Subsoil Code and the package of related laws are discussed.