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Armenia's Metal Mining Virtually Doubles In 3 Years

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  • Armenia's Metal Mining Virtually Doubles In 3 Years

    ARMENIA'S METAL MINING VIRTUALLY DOUBLES IN 3 YEARS

    October 08, 2013 | 12:36

    YEREVAN. - In 2013, close to 31 million tons of metal ore will be
    extracted in Armenia, against the 17 million in 2010.

    Energy and Natural Resources Deputy Minister Areg Galstyan stated the
    aforesaid during Tuesday's National Assembly hearings devoted to the
    country's mining industry.

    In his words, a total of 438 licenses are issued in Armenia to operate
    mines in the country; 24 of these licenses are for metal mines, 29
    are for underground waters, and the rest are for the operation of
    non-metallic mines. At the same time, however, 68 metal mines are
    being explored.

    At present, the mining industry provides about 5 percent of Armenia's
    State Budget revenues.

    News from Armenia - NEWS.am

    - See more at: http://news.am/eng/news/174894.html#sthash.7cOUzSla.dpuf

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