ArmInfo. Representatives of the mining industry and the government signed a memorandum establishing a joint platform for discussing mining issues. A group will be created that will professionally study the sector's challenges on a daily basis, examining them from both the industry's perspective and the government's. This was announced by Armenian Prime Minister Nikol Pashinyan, speaking to participants of the 3rd international Mining Armenia Forum.

ArmInfo. At current gold prices, Lydian Armenia will annually contribute up to $130 million in taxes to the state budget. Armenian Economy Minister Gevorg Papoyan announced this in a conversation with journalists, noting that the price of gold is trending upward.

ArmInfo. Following the signing of documents in the United States last August, significant opportunities have opened up for Armenia. Deputy Minister of Territorial Administration and Infrastructure of Armenia Asatur Vardanyan stated this during a briefing with journalists on October 16 on the sidelines of the international Mining Armenia Forum.

ArmInfo. The agenda of peace and unblocking communications could significantly change Armenia's economic geography. Armenian Deputy Prime Minister Mher Grigoryan stated this at the opening of the international Mining Armenia Forum.

ArmInfo. "We are confident that the standards Lidian Armenia operates by create minimal risk to the environment," Vardan Janyan, Chairman of the Mining and Metallurgy Association and First Deputy General Director of the Zangezur Copper and Molybdenum Combine (ZCMC), said during a briefing with journalists on October 16 on the sidelines of the Mining Armenia Forum.

ArmInfo. Armenia's mining industry has high development potential. This was stated by Hayk Aloyan, Executive Director of Lidian Armenia, during a briefing with journalists on October 16 on the sidelines of the Mining Armenia Forum.

ArmInfo. Global geological exploration spending peaked in 2012, after which the trend began to decline. Vardan Janyan, Chairman of the Mining and Metallurgy Association and First Deputy General Director of the Zangezur Copper-Molybdenum Combine (ZCMK), noted during the opening ceremony of the Mining Armenia Forum that if this situation continues despite the current growing demand, the international economy will face serious difficulties in securing critical metals.

ArmInfo. The mining industry's share of Armenia's GDP will reach a record 5.1% by the end of 2026, compared to the actual 3.1% registered in 2025, and 3% in 2024. This was announced on October 16 during the opening ceremony of the Mining Armenia Forum by Vardan Janyan, Chairman of the Mining and Metallurgy Association and First Deputy General Director of the Zangezur Copper and Molybdenum Combine (ZCMK).

Arminfo. The major international Mining Armenia Forum 2026 has begun in the Armenian resort town of Tsaghkadzor, bringing together representatives of dozens of mining and related companies from Armenia and foreign countries. The forum is being held for the third consecutive year.   

ArmInfo. The development of Amulsar is a much larger problem than the development of a single mine, which is turning Armenia into a raw materials appendage of the global economy. This is stated by Levon Zurabyan, Deputy Chairman of the Armenian National Congress (ANC) under the first president, Levon Ter-Petrosyan.

ArmInfo. The Amulsar gold mine is expected to produce approximately 210,000 ounces of gold per year. This was announced at the project launch ceremony attended by RA Prime Minister Nikol Pashinyan.

ArmInfo.  Lydian Armenia will allocate over $100 million to local community development as part of  the Amulsar gold mine development program. The company signed the  corresponding agreement on August 31 with the Ministry of Economy and  the heads of the Sisian, Vayk, and Jermuk communities.

ArmInfo. Instead of establishing a dialogue with the environmental community to explain its mission, the gold mining company Lydian Armenia has apparently adopted the  principle of "its own inviolability" through legal protection. "From now on, the company will consistently defend its rights and the rights of thousands of stakeholders in the Amulsar project," as noted in the company's statement. 

ArmInfo. The Eurasian Development Bank (EDB) no longer plans to participate in the Amulsar gold deposit development project, as announced by Yaroslav Mandron,  EDB Management Board Deputy Chairman, in Almaty on December 18.

ArmInfo.  Short-term political dividends could jeopardize long-term economic development. Haykaz Fanyan, head of the ACSES Analytical Center, shared his  assessment, touching on the Armenian government's intentions  regarding the Electric Networks of Armenia CJSC.

ArmInfo.  All risks associated with the operation of the Amulsar gold deposit are  entirely manageable, as stated by Hayk Aloyan, Executive Director of  Lydian Armenia, a company constructing and operating the mine, in an  interview with the Public Radio of Armenia.

ArmInfo. Within five years, Armenia's mining industry could generate $3 billion in exports. Vardan Janyan, First Deputy Director of the Zangezur Copper and  Molybdenum Combine (ZCMC) and head of the Mining and Metallurgical  Association of Armenia, stated this in an interview with journalists  on the sidelines of the Mining Armenia Forum.

ArmInfo. Lydian Armenia will switch to 24/7 construction activities at the Amulsar mine starting next week, as announced by Lydian Armenia CEO Hayk Aloyan,  in response to a question from an ArmInfo correspondent on the  sidelines of the Mining Armenia Forum.

ArmInfo. On behalf of the Association of Mining and Metallurgical Industry, I congratulate our partners from Lydian Armenia on the resumption of construction work at the Amulsar deposit. I am confident that the long-awaited launch of the Amulsar project will bring tangible economic benefits to the country, and will also significantly strengthen Armenia's position on the global map of effective investment areas. The head of the Association, Vardan Janyan, wrote about this on his Facebook page.

ArmInfo. Work has restarted at the Amulsar gold mine to complete the construction of various infrastructure. Ten contractor companies are involved in the work, as reported by the press service of the Lydian Armenia company.