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Restoration Tendencies Notable In Mine Industry Sphere

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  • Restoration Tendencies Notable In Mine Industry Sphere

    RESTORATION TENDENCES NOTABLE IN MINE INDUSTRY SPHERE

    ARMENPRESS
    Aug 6, 2009

    YEREVAN, AUGUST 6, ARMENPRESS: Armenian Economy Minister Nerses
    Yeritsyan said today at the session of the Armenian government that
    as a result of the anti-crisis policy implemented by the government
    in the second half of the year restoration tendencies will be noted
    in the mine industry sphere.

    According to him, the issue of the sphere is that in the first half
    of the year the indexes were rather low. Even in case the production
    volume increased the volume of export remained low, that is to say
    the companies preferred to gather the product which the minister
    considered potential export.

    "We expect that in parallel with the increase of metal prices in
    international market, Armenian mine industry companies will start
    their export," N. Yeritsyan said.

    According to the minister, usually in the sphere of industry the
    decline is more speeded up than the restoration.
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