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Responsible Mining In Armenia: Opportunities And Challenges

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  • Responsible Mining In Armenia: Opportunities And Challenges

    RESPONSIBLE MINING IN ARMENIA: OPPORTUNITIES AND CHALLENGES

    World Bank
    March 27 2014

    March 25, 2014

    Yerevan, Armenia - On March 25-26 at the Marriott Armenia Hotel,
    the Government of Armenia and the World Bank hosted an International
    Conference entitled "Responsible Mining in Armenia: Opportunities
    and Challenges".

    The goal of the conference is to facilitate dialogue between
    the various stakeholders of the mining industry in Armenia by
    informing stakeholder groups about modern mining and international
    best practices. The conference is supported by the EBRD, IFC, and
    Embassies of the U.K., U.S., Germany and Canada.

    The Responsible Mining Conference brings together international and
    local experts, international diplomatic missions and civil society
    representatives to openly discuss current opportunities and challenges
    of the mining industry in Armenia. During the two-day conference
    international experts will share their expertise and experience with
    their counterparts and civil society representatives. The themes of
    discussion range from mining in the world economy, foreign investments,
    transparency and accountability of mining practices internationally
    and in Armenia, to social and environmental management measures.

    The conference participants have the opportunity to explore various
    perspectives on responsible development of the mining sector in
    Armenia, including the improvement of social and environmental
    management, promotion of better investment climate, and increased
    transparency in the sector. This multilateral discussion of mining
    practices in Armenia intends to provide avenues of improving the
    regulatory and investment framework in the country.

    The conference opened on March 25 with welcome remarks by RA Prime
    Minister Mr. Tirgan Sargsyan, Mr. Jean-Michel Happi, World Bank
    Country Manager for Armenia, and the Ambassadors of U.K., U.S.,
    Germany and a representative of the Government of Canada.

    "By engaging multiple stakeholders and the civil society, together,
    we aim to promote responsible mining in Armenia, learning from the
    best international practices. Armenia's new mining code and the
    upcoming social and environmental regulatory framework will enhance
    the sector's readiness for investments that are economically viable,
    socially responsible, environmentally sustainable.", - noted Mr.

    Jean-Michel Happi, World Bank Country Manager for Armenia.

    http://www.worldbank.org/en/news/press-release/2014/03/25/responsible-mining-in-armenia

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