ArmInfo. Surveys of metal and other deposits in Armenia are in no way inferior to CRIRSCO and JORC system requirements. Geologist Mesrop Poghosyan expressed this opinion during field-specific discussions on the implementation of CRIRSCO (Minerals and Reserves International Reporting Standards Committee) standards in the Armenian mining industry.

ArmInfo. A national geological service will be established in Armenia in 2027. Deputy Minister of Territorial Administration and Infrastructure of Armenia  Asatur Vardanyan announced this to journalists on the sidelines of  the Mining Forum Armenia.

ArmInfo.The acquisition of the Moscow Shopping Mall "Metropolis" by the Armenian company Balchug Capital for $700 million in 2023 has become one of the largest investments in the Eurasian region. This is stated in the latest report from the Eurasian Bank (EDB) "Monitoring of Mutual Investments of the EDB - 2024. Eurasian Region".

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.