Armenian Mining Industry History

During the early 19th century, metal production started

Jan 1, 1800

Opened the Alaverdy and Kapan copper mines

Mining Industry of Armenia

Period: Jan 1, 1800 to Dec 31, 2016

Development of the Zangezur Copper Milybdenum Combine

Period: Jan 1, 1950 to Dec 31, 1954

Armenia Began to focus more on mining

Sustainable Development within the industry

Period: Jan 1, 1960 to Dec 31, 1999

Inturrupted by the dissolution of the Soviet Union

Chain of Reform Oriented Work

Period: Jan 1, 2000 to Dec 31, 2004

Regulatory framework of the Industy was revised
Liberalisation of Contractual mechanisms
Restructuring of major miniing companies

Today, Armenia's mining sector presents a better image

Apr 28, 2016

There are better market prices for metals
Government is managing the industry more
Mining Industry is helping improve the country image