Gnel Sanosyan: ZCMC transaction has become good example for other  minerals developers
 Thursday, April 20 2023, 14:18

ArmInfo.The performance of the Zangezur Copper Molybdenum Combine is impressive. Minister of  Territorial Administration and Infrastructures Gnel Sanosyan stated this on April 20 at an extraordinary session of the RA National Assembly.

 Wednesday, March 29 2023, 12:09

ArmInfo.

Western sanctions against Russia pose a threat to Armenia - PM
 Tuesday, March 14 2023, 17:26

ArmInfo. Armenia does not intend to leave the Eurasian Economic Union. On March 14, RA Prime Minister Nikol Pashinyan stated this at a press conference.

Minister of Economy: We cannot afford luxury of giving up economic  benefit of Amulsar project
 Wednesday, March 1 2023, 18:52

ArmInfo.Today, our country is facing such challenges that do not allow us to abandon the fulfillment of our international obligations, including the  abandonment of the high economic benefit from the exploitation of the Amulsar gold mine. RA Minister of Economy Vahan Kerobyan stated this  in an interview to the Public Television of Armenia.

Hayk Aloyan: Lydian Armenia to pay USD 75-100 million to state  treasury every year in form of taxes, duties and royalties
 Thursday, February 23 2023, 15:06

ArmInfo. Lydian Armenia will pay 75-100 million dollars to the state treasury every year in the form of taxes, duties and royalties. Hayk Aloyan Managing  Director of Lydian Armenia, which develops the Amulsar gold mine,  said in an interview with the Public Television of Armenia.

Vahan Kerobyan: Development of Amulsar mine to increase Armenia`s GDP  by 1%
 Wednesday, February 22 2023, 20:29

ArmInfo. The development of the Amulsar mine will increase Armenia's GDP by 1%. On February 22,  Minister of Economy of Armenia Vahan Kerobyan stated after the  signing ceremony of the tripartite memorandum of understanding  between the Armenian government, Eurasian Development Bank(EDB), and  "Lydian Armenia" company, which marked the resumption of the  Amulsar mine exploitation project.

Amulsar mine to be re-operated - minister
 Wednesday, February 22 2023, 13:21

ArmInfo. The Amulsar gold mine will be re-operated, Armenia's Minister of Economy Vahan Kerobyan stated at a meeting of the Standing Committee on Economic  Affairs, Parliament of Armenia. 

EDB planning more projects in Armenia next year 
 Friday, December 9 2022, 12:08

ArmInfo.This year has seen a serious growth in Armenia's economic activity, Denis Ilin, Vice Chairman of the EDB Management Board, stated at the 8th mass media  contest Eurasian Integration and Development, in Almaty, December 9. 

Economy Minister hopes for significant growth in Armenia`s mining  industry
 Friday, October 7 2022, 12:51

ArmInfo. Armenia's Minister of Economy Vahan Kerobyan hopes that the measures taken by the government to restore the volume of mining will be successful. The  Minister stated this in an interview with Civil Net.

Vahan Kerobyan: If nothing interferes, the activity of the Amulsar  mine will be resumed 
 Tuesday, March 22 2022, 22:00

ArmInfo. If nothing interferes, the activity of the Amulsar gold mine will be resumed,  Armenian Minister of Economy Vahan Kerobyan said in an interview with  RFE/RL's Armenian Service , referring to the department's program of  measures, which contains a provision on resolving the "Amulsar issue".

The influx of foreign investment in the Armenian economy grew by  October 2021 due to a jump in FDI
 Monday, January 17 2022, 14:26

ArmInfo. The volume of total foreign investment in the real sector of the Armenian economy in January-September 2021, compared to the same period in 2020, grew by  33% (from a 32% decline a year earlier), exceeding the 27.1% growth  in the pre-Covid similar period of 2019, reaching in 9 months of 2021  $1.954 billion.

Possible re-operation of Amulsar goldmine risk with positive outcome  - Armenia`s government
 Wednesday, December 8 2021, 14:06

ArmInfo.Armenia`s financial authorities regard possible re- operation of the Amulsar goldmine as a risk with positive outcome. Armenia`s Minister of Finance Tigran  Khachatryan stated that this approach is incorporated in the 2022  draft budget.

Armenia must struggle for investors, expert says 
 Friday, November 5 2021, 12:16

ArmInfo.Armenia should exert efforts to struggle for investors now, the well-known economist and banker, member of the Boards of a number of foreign banks Ashot  Osipyan said an in interview with ArmInfo. 

Armenian Minister of Economy clarifies on what basis 2022 GDP growth  forecasts were made
 Tuesday, November 2 2021, 16:20

ArmInfo.The Armenian government, forecasting a 7% GDP growth by the end of 2022, did not count on opening the borders with Turkey, as well as restarting the  project for the exploitation of the Amulsar gold mine.

Acting Minister of Economy: It`s time to make a decision on Amulsar  
 Thursday, May 6 2021, 22:49

ArmInfo. As for Amulsar (Amulsar gold deposit, ed. note), it is necessary to make a decision. This question cannot forever hang in the air, said the acting Minister of Economy of the Republic of Armenia Vahan Kerobyan on May 6 during a Facebook  press conference at Radio Liberty.

The inflow of foreign investment into the Armenian economy has  declined by 39 in 2020%
 Wednesday, April 7 2021, 15:32

ArmInfo.The volume of total foreign investment (all types and forms of investment - Ed.) in the real sector of the Armenian economy in January-December 2020 compared  to the same period in 2019 decreased by 39% (against 19% growth a  year earlier), amounting to $1.8 billion in 2020. The share of FDI in  total foreign investment in January-December 2020 accounted for 26%  (against 20% a year earlier) or $466 million, which is lower than in  2019 by 21% (against a 2% decline a year earlier). This is evidenced  by the data of the RA State Committee.

 Friday, March 5 2021, 19:33

ArmInfo.

Armenian government intends to return to discussions on Amulsar field  development program
 Thursday, February 4 2021, 14:28

ArmInfo. The Armenian government intends to return to the discussion of programs in the sphere of the mining industry. Prime Minister Nikol Pashinyan stated  this on February 4 at a cabinet meeting.

Economist: The Armenian government does not know what to do with the  program for the development of the Amulsar gold mine.
 Friday, January 29 2021, 16:05

ArmInfo.  The Armenian  government does not know what to do with the program for the  development of the Amulsar gold mine. Armenian economist Ashot  Tavadyan stated this on January 29 during the video bridge  Moscow-Bishkek-Yerevan-Minsk-Nur-Sultan.

The inflow of foreign investments into the Armenian economy has  dropped significantly
 Tuesday, January 19 2021, 15:33

ArmInfo. The volume of total foreign investment (all types and forms of investment - ed. note) in the real sector of the Armenian economy in January-September 2020  compared to the same period of 2019 decreased by 32% (against 27.1%  growth a year earlier), amounting to $ 1.5 billion in 9 months of  2020.



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