ArmInfo. Within the purpose of support to ore mining industry development, the sector improvement concept is developed in Armenia. The development of the document is implemented according to appropriate instruction of Karen Karapetyan, the Prime Minister of the Republic of Armenia. This is stated by the press office of the Ministry of Energy Infrastructures and Natural Resources of the Republic of Armenia, with a reference to Shushanik Kerobyan, the Head of Geology, methodology and analysis department.
According to Kerobyan, the concept provides the analysis of main problems the ore mining industry faces, presents the comprehensive policy in the sector, and gaps existing in the institutional field and environmental omissions. Beside that, the document sets the solution of the problems referring to social-industrial situation, financial issues, lack of stakeholder investors involvement, absence of state geological researches.
" It is proposed to develop the strategy of ore mining sector as a priority solution. It is expected that the stakeholder Ministries and related entities will be also involved in the process, as well as international donors, communities under risks and other stakeholders," Shushanik Kerobyan Mentioned.
To mention, I n Jan-Dec 2016 versus the same period of 2015, mining industry and open pit mining increased 8.3% (versus 50.4% growth a year before) to 256.4bln drams. In Dec alone, the mining industry output totaled 23.6 bln drams with a 2.2% monthly growth. Manufacturing industry increased 7.7% y-o-y (vs 5.6% decline a year before) to 885 bln drams, of which 89.2 bln drams - in December with 4.9% monthly growth.