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.
According to him, the commission, which was created by force of law on the basis of the demand of 1/4 of the deputy corps, was held research on 30 metal deposits. According to the report of the RA Prosecutor General's Office, criminal cases have been initiated against 2 metal deposits. 27 companies engaged in the development of metal deposits, the licenses issued will expire from 2025 to 2045. However, none of these companies paid income tax. For almost all of these fields, no reliable data was obtained on the volume of investments and the volume of programs approved by the government of the country. Moreover, in a number of cases, during the operation of deposits, environmental standards were violated, which negatively affected the nearby cultural monuments.
The Commission suggested holding broad discussions with the involvement of specialists and officials to identify the problems in the field and ways to solve them. It was also proposed to develop and adopt a package of legislative changes aimed at resolving the issue. Together with UNESCO specialists, hold a video conference to clarify the status of cultural monuments. It is also proposed to develop mechanisms for monthly reporting by mining companies. Note that the state balance sheet of mineral reserves currently includes more than 670 solid mineral deposits with proven reserves, including 30 metallic ones. About 400 of these deposits are exploited, including 23 metal ones. In terms of metallic minerals, there are 7 copper- molybdenum deposits, 4 copper, 14 gold and gold-polymetallic deposits, 2 iron ore and 1 aluminum ore.