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Gold Mining in Eastern Europe. ... Lydian International is a gold mining and mineral exploration company operating in Armenia and Georgia. Its Amulsar project in southern Armenia is expected to ...

Sep 12, 2019· Private equity firm Orion Mine Finance has reduced its stake in Armeniafocused Lydian International (TSX:LYD) to % from 13% after selling 10 .

An IT company in Armenia has been accused of setting up a crypto mining operation in a hydroelectric plant and using its electricity illegally for over a year. An Armenian IT company illegally ...

Zangezur Copper Molybdenum Combine. Welcome to the official website of the "Zangezur Copper Molybdenum Combine" Closed Joint Stock Company Thank you for your interest in our company and operations! For already more than 60 years our company is a leading company in copper and molybdenum mining and processing.

Sep 23, 2019· Armenian Company in Trouble for Illegally Mining Cryptos. Armenian Company in Trouble for Illegally Mining Cryptos. 23 September 2019 14:43, UTC . Recent news from Armenia, a small country in the Southern Caucasus confirms that illegal cryptocurrency mining is still quite rampant all over the world. ... It is unknown what cryptocurrency the ...

Armenia Mining Companies News Service from EIN News. Mining Industry Today. ... Armenia Mining Industry News ••• Topics • Armenia Media Directory ... —A senior government official accused Armenia''s largest mining company on Thursday of trying to cover up a toxic waste spill that contaminated a river flowing through the southeastern

In 2017 Transparency International included the case of Armenia in its research on corruption in mining industry in several countries.. While some mines or their operating licences are directly owned by Armenian ministers of parliament through a series of holding companies, others are sold to foreign entities by the same or other MPs.

According to President Serzh Sargsyan, mining is one of the most important industries of the Armenian economy. Several large companies that are also major taxpayers are engaged in mine exploration and concentrate production in Armenia.

Lydian International Limited company is a mineral exploration and development corporation registered in an offshore zone namely in Jersey, Channel Islands. The Company is listed on the Toronto Stock Exchange and it owns a mining and a number of exploration assets in Armenia.

General Information. 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.

Jul 24, 2018· "Mining in Armenia is an opportunity to diversify the nation''s economy and increase the number of wellpaying jobs, but only if mining operations are conducted to the highest international standards to protect the environment," ambassador Richard Mills said on July 11.

BBC NEWS | Business | Armenia''s controversial gold rush · Now, in a complex and littlepublicised deal, one of Armenia''s biggest mining concerns, the Ararat Gold Recovery Company (AGRC), has been purchased by Madneuli Resources, a mining company based across Armenia''s northern border in .

Jan 31, 2019· Stay on top of Armenia''s biggest stories by Al Jazeera. Middle East 13 May 2018 11:53 GMT. Rock star Serj Tankian on Armenia''s Velvet Revolution. Armenian .

ECOS is a large infrastructure project with own industrial mining center based in the Free Economic Zone in Armenia, established by the order of Armenian Government. Hrazdan heat and power station supplies ECOS data center with power ensuring the energy safety as well as the potential growth of capacity up to 200 MW. Due to own AI system ECOS improves the mining indicators and lets its .

Mining Weekly covers realtime news on mining projects across a range of minerals including gold, platinum, diamonds, copper and ferrous metals. ... in Armenia, and is developing the Tulkubash ...

News on Armenia, Artsakh, Armenian Diaspora, South Caucasus and the World: Armenpress your source of reliable information

Each quarter largest taxpayers companies are disclosed and published online. Data can be looked up also per industry and company size. among software development companies largest taxpayer in 2014–2017 years was Synopsis Armenia. List of IT sector companies in Armenia can be found on the site of EIF Guide.

Հայկական բնապահպանական ճակատ / Armenian Environmental Front, Yerevan, Armenia. 21K likes. ՀԲՃն քաղաքացիական նախաձեռնություն է, որը գործում է զուտ...

Event 12:11 • 24/10 Russia to send protest note to Armenia over failed arms procurement tender bid The document, addressed to Minister of Defense Davit Tonoyan, cites the lack of justified grounds behind the decision to reject ORSIS''s tender bid and blacklisting the company as a .

News on Armenia, Artsakh, Armenian Diaspora, South Caucasus and the World: Armenpress your source of reliable information

"Mining in Armenia is an opportunity to diversify the nation''s economy and increase the number of wellpaying jobs, but only if mining operations are conducted to the highest international ...

Another Illegal Mining in Armenia: this time by a German company. The Armenian Environmental Front (AEF) civic initiative''s video shooting in the area of Artsvanik tailing dump owned by Zangezur Copper Molybdenum Combine Closed Joint Stock Company (ZCMC) showed once again that the wastewater from the tailing dump continues flowing into the Norashenik and Artsvanik Rivers and then .

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 terms of export and inflow of foreign exchange. Mining companies are also significant job providers, especially in rural areas.

The company denounced an "enormous misinformation around the Amulsar project" as part of a "campaign by rival mining companies." "Lydian has been fully transparent in its environmental and ...
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