· The new Bank Assessment highlights the potential for economic growth fueled by the sector and the need for a national mining policy to maximize the sector's contribution to sustainable development. In the last five years, Armenia's mining exports have amounted to approximately USD 500 million annually, making it the country's top sector in ...
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Global Gold Mining v. Armenia Global Gold Mining LLC v. Republic of Armenia (ICSID Case No. ARB/07/7) Expand / Collapse All Applicable IIA. Armenia United States of America BIT (1992) Nationality of the parties. Respondent State(s) Armenia . Home State(s) of investor United States of America . Summary of matters at issue. Details of investment License holder for the .
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During Soviet rule, Armenia began to develop and concentrate on computerbased high technology, alongside a manufacturing sphere, the production of brandy, heavy industry, and mining. The 1991 blockade of the country by Azerbaijan led to a fuel shortage that often left its industries at a standstill.
GBGD What Is Global Gold Corp. up to in Armenia This blog is an effort to bring transparency of the activities of Global God Corp. (otcqb: GBGD) and Mr. Van Z. Krikorian in Armenia. Monday, November 17, 2014. Local Armenian NGO Files Reports Painting a Terrible Picture at GBGD Toukhmanuk Gold Project Below I have compiled various reports filed by ECOLUR: .
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· Armenia is preparing to launch a joint development in which a new nuclear power plant will support an expansion of copper mining in a collaboration between the country and Russian billionaire businessman Roman Trotsenko. The plan taking shape involves developing the Zangezur Copper and Molybdenum Combine, which has recently been taken over by .
From opportunities for economic growth and job creation, to foreign investment and regional development, mining has the potential to play a significant role. However, current gaps in legislation, and a poor track record of assessment, monitoring and enforcement, present many risks too. Armenia is a highly urbanized nation with a small land area, so the impacts on the .
Armenian mining sector is currently at a crossroad, where the two extreme scenarios are to either move towards sector's extensive development or take a radical environmental position and eliminate mining operations in the country. While many developed countries in the world, such as USA, Canada and Australia, have embraced the vision of sustainable mining in their .
When your country's Prime Minister is the former CEO of one of the largest gas corporations in the world, it often feels like what should be a government's responsibility to protect natural resources has steadily become yet another conflict of interest. The rhetoric of rapid economic growth consistently outweighs sober assessments of longterm sustainable investments .
YEREVAN—Mining contributed to economic growth in Armenia between while simultaneously creating income inequality and poverty. This is according to a recent study by the American University of Armenia's Acopian Center for the Environment conducted in cooperation with the AUA College of Business and Economics.
According to the USGS 2011 Minerals Handbook Issue for Armenia (2013), Armenia is a significant producer of molybdenum and is ranked seventh in the world in mine output for 2011. Furthermore, in 2011 Armenia has produced 30% more gold than in 2010.
· The mining industry is developed in the Republic of Armenia (RA). Due to the lack of adequate management and planning, as well as poor operating experience and waste management, this branch of industry is one of the main sources of water pollution and of the environment, in general, with heavy metals (Pb, Cu, Ni, Cd, Mo, As, etc.). Previous studies in .
· More than 200 environmental activists and their supporters have marched to a forest in northern Armenia to protest its transformation into an openpit mine that they say would severely damage the ...
· YEREVAN ()—A Russian company has bought a majority stake in Armenia's largest mining enterprise and immediately ceded part of it to the Armenian government. The GeoProMining group ...
12 hours ago · Chaarat Gold has reported another fatality at its Kapan copper and zinc concentrate mine in Armenia. Chaarat Gold reported another fatality at Kapan mine. Underground Mining > Operationalexcellence. 06 September 2022. The employee sustained injuries from an accident on September 3, from which he later died.
Armenian Travertine Mining Company was founded in 2004 and is specialized in production of tiles made of natural stones. At present ATMC carries out travertine mining and tile manufacturing. The company aims to make an efficient use of natural resources, offer high quality products at competitive prices to its consumers. The high quality tiles and decors made of .