Armenian Mining Industry History

  • During the early 19th century, metal production started

    Opened the Alaverdy and Kapan copper mines
  • Period: to

    Mining Industry of Armenia

  • Period: to

    Development of the Zangezur Copper Milybdenum Combine

    Armenia Began to focus more on mining
  • Period: to

    Sustainable Development within the industry

    Inturrupted by the dissolution of the Soviet Union
  • Period: to

    Chain of Reform Oriented Work

    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

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

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