license for mining in Armenia

Lydian, Amulsar Gold and a viable mining industry in …

2016-12-10 · Lydian operates the Amulsar Gold Project and has a mine licence for the Kela Project in Georgia. The company was attracted to Armenia in 2005, with the Amulsar Gold deposit being discovered in 2006. Mining within Armenia and metal processing dates back centuries, but the modern mining industry was established during the Soviet Union period ...

Mining 2022

2022-6-15 · Mining Investment and Finance. 5.1 Attracting Investment for Mining. Armenia is a relatively easy regime in which to acquire and retain mining rights, and a relatively favourable regime for taxes and charges. There is a minimal level of regulation of business conduct and enforcement of regulation is not strict.

A Law is Proposed in Armenia to Legalize Cryptocurrency …

The newly proposed legislation aims to legalize and regulate cryptocurrency mining in Armenia as it lays down the basics. Upon the adoption of the drafted law, miners will be offered incentives including tax exemptions and businesses will be able to operate mining facilities without licensing, indirectly legalizing cryptocurrency transactions.

Mining in Armenia: overview | Practical Law

2020-10-1 · On 23 April 2019, the Parliament of Armenia adopted a set of laws determining transparency obligations for the subsoil use rightsholders in the metal mining industry. Rightsholders must submit details on the UBOs at the incorporation stage, when making an inquiry for obtaining a licence (or amending an existing licence) for subsoil use, and at ...

Permits and Licenses, Other State Regulations

Permits and Licenses. The law "On Licensing" provides for two types of licenses: Simple and compound (automatic and non-automatic). The simple license is issued within three days upon submission of application documents and does not require the approval of the licensing commission. Compound licenses are issued within 30 days after ...

Mineral industry of Armenia – HiSoUR – Hi So You Are

2022-3-15 · Mineral industry of Armenia. The mineral industry is one of the main sectors of the Armenian economy and in 2017 accounted for 30.1% of its exports. Armenia is a major producer of molybdenum. The Zangezur copper-molybdenum complex possesses large molybdenum reserves that are concentrated in the Kajaran deposit.

Armenia

2022-6-17 · In 2016, the country''s mining sector exports were valued at $480 million and were down by 1.3% than in 2015. Mineral commodities constituted a significant percentage of the country''s exports. The main export commodities are cut diamonds, energy, nonferrous metals, pig iron, unwrought copper, and other mineral products.

Investors aiming Tavush gold mine in Armenia

2021-3-22 · For the third time, an application has been submitted for geological prospecting at the Vazashen gold-polymetallic mining site in Armenia''s northeastern Tavush Province. The latest applicant, AT Group LLC, has filed an application with the Ministry of Environment for a 2020-2023 exploration permit. The Armenian-Canadian Polymet Corporation ...

Global Gold Mining Deprived Of License For Works At …

 · /PanARMENIAN / The Ministry of Environment Protection of Armenia has deprived Global Gold Mining American company of the license for prospecting at the Marjan lot at the border of Armenia and Nakhichevan, Armenian Minister for Environment Protection Vardan Ayvazyan stated on September 5. In his words, the company failing to fulfill its

How transparent is mining in Armenia? | Ampop.am

2019-2-15 · The latter obtained its license in 2012, and construction is planned to be completed by the Spring of 2018. The first gold bar is expected to be molded in March 2018. According to Lydian International''s website, The Background. Mining in Armenia goes back centuries. Copper mining in Alaverdi (Lori Province) started in 1770 and in Kapan in ...

Who owns Armenia''s mines? / Armenia / Areas / …

The latter obtained its license in 2012, and construction is planned to be completed by the spring of 2018. The first gold bar is expected to be molded in March 2018. According to Lydian International''s website. The background. …

General Information

2022-6-10 · Armenia''s mining sector is a key contributor to the national economy. Ore concentrates and metals accounted for just over half of Armenia''s exports in last years, solidifying their status as the country''s most important export products. More than 670 mines of solid minerals, including 30 metal mines, with confirmed resources are currently ...

Mining Legislation Reform Institute

2020-10-2 · The Mining Legislation Reform Institute (MLRI) is a registered Armenian NGO. It seeks to ensure that mining in Armenia provides sufficient benefits to the country and local communities. Its main activities include research, stakeholder consultation, policy development, public education, communications, advocacy, and legislative reform.

ML Mining

Mining company. Leading supplier of ready-mixed concrete and high performance construction equipment in Armenia since 2010. Առաջարկում ենք վիրտուալ կերպով ծանոթանալ 2019-ին՝ Թբիլիսյան խճուղու հարևանությամբ բացված նոր մասնաճյուղին, որը ...

State Governance Failures in Mining and Lessons for …

2018-6-1 · Armenia''s mining governance—namely, the decision-making process on granting mining licenses and monitoring performance and ensuring compliance with laws, standards, and State Governance Failures in Mining and Lessons for Armenia''s Future - EVN Report

Analysis | How transparent is mining in Armenia?

2017-12-6 · Mining is one of the most important sectors of the Armenian economy; it has the largest share of exports constituting more than half the total value. On 9 March 2017, Armenia became a candidate country for the Extractive Industries Transparency Initiative (EITI). Candidacy means the country must undertake a series of reforms within a set … Continued

Analysis of Armenia''s mining fiscal regime

2019-3-26 · principles underlying global mining fiscal regimes and the elements commonly observed in such fiscal regimes. 1 This report has been prepared at the request of the Mining Legislation Reform Initiative (MLRI), a project of AUA Center for Responsible Mining, in order to inform debate around the fiscal regime for mining in Armenia.

Lydian gets 25 year mining license for Amulsar gold …

Lydian International Ltd (TSX: LYD) said it has been granted a 25-year Special Mining License by the government of Armenia covering its...

Republic Of Armenia Politician Claims The Marjan License …

2012-12-6 · between GBGD and the former Minister of the Environment of Armenia, Mr. Ayvazyan, over bribery claims made by GBGD back in 2007. In a recent interview on Armenian Television, Mr. Vardan Ayvazyan stated: There has never, in the history of RA, been an example where a mining license is given for a mine whose resources are not confirmed. This

Global Gold Mining Deprived of License for Works at …

We note that recently the Global Gold Mining has invested $6.5 billion in geological prospecting in Armenia. Before the yearend the company plans to increase the investment volume up …

Lydian obtains mining license from Armenian government

2012-10-3 · Mineral exploration and development company Lydian International has obtained a new mining license contract for the Tigranes/ Artavazdes open pit at its Amulsar gold project from the Government of Armenia.

Protesters, police, and private security clash at Armenia''s …

2020-8-6 · Photo: Sona Margaryan. Protesters have clashed with police and private security outside the Amulsar Mine in Armenia after security guards dismantled a part of a blockade at the mine''s entrances. On Monday night, mining company Lydian Armenia removed protesters'' cabins from two of the three entrances to the mine with cranes, replacing them ...

Description of the Mining Sector of Armenia

The non-metal mining sector is significant in terms of the number of operations (more than 400 permits), but the vast majority are low volume quarries. Production is much less than during the Soviet period, as it mainly focuses on meeting local demand for construction materials, and there is little export. .

Leading firms in Armenia | Law firm and lawyer rankings …

2022-6-18 · ''he firm is one (if not the only) firm in Armenia which is capable of staffing large due diligence projects involving multiple areas of law, and is particularly strong in mining.'' ''Aram Orbelyan is a top-notch lawyer, vastly knowledgeable and pragmatic. He is available 24/7 and extremely reliable.

Armenia will not restrict issuance of new licenses for …

2020-3-18 · 18:36 Armenia Parliament Speaker meets Strasbourg Mayor 18:29 Lavrov: ... – It is proposed to restrict the issuance of new licenses for mining activities in Armenia for two years—but only for metal mineral resources. Majority My Step faction MP Meri Galstyan, co-author of a package of bills on making amendments and supplements to the law on ...

Gold & Mineral Mining in Armenia

2016-4-16 · Gold mining and the mining sector in general is very important to the economy of Armenia contributing over a half of its total exports. The major mineral is molybdenum but Armenia is also known to have significant gold deposits located throughout its territory. The country has about 13 operational gold and gold polymetallic mines. There […]

Mining in Armenia

2018-7-18 · In 2015, the mineral industry grew by 50.4 per cent and made up to 16.7 per cent of total industrial production of Armenia. Over half of the …

Lydian Armenia

Lydian Armenia is a subsidiary of Lydian Canada Ventures owned by the US firm, Orion Mine Finance and Canadian firm, Osisko Gold Royalties, who both invest in mining and mineral sectors. Lydian Armenia''s Amulsar Project is the largest investment project in Armenia. The company invested more than USD 90 million only for the geological ...

Requirements for obtaining mining license changed in …

2021-9-16 · Levels of subsoil assets per capita are high compared to similar petroleum-importing countries in the region. Mining in Armenia is concentrated around the extraction of the following metals: iron, copper, molybdenum, lead, zinc, gold, silver, antimony, and aluminum. There are also valuable reserves of rare metals in gold-polymetallic, copper ...

Mine to Mine Armenia: Mine Operators Are Responsible …

2019-12-12 · Prior to the exploitation of the mine, the forest near Teghut was the best preserved in Armenia with rich biodiversity. As of January 2018, since the launch of Teghout copper and molybdenum mine development, about 223.2 hectares of forest have been cut down, 562 hectares of forest was planted, 31 hectares of which are orchards. Average root ...

Lydian International gets new mining license for Armenia …

PanARMENIAN - Lydian International has been awarded a new mining license for the Tigranes/ Artavazdes open pit at its Amulsar gold project in Armenia, according to proactiveinvestors .

Mining in Armenia: overview – redbridge

2021-12-7 · EITI promotes open and accountable management of oil, gas, and mineral resources. The Mining Agency within the Ministry of Territorial Administration and Infrastructure is responsible for administering the sector, issuing licenses, monitoring exploration and production operations. The license covers the exploration and production phases of a ...