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Around 24 Million Ton Ore Produced Instead Of 43 Million Ton Prescri

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  • Around 24 Million Ton Ore Produced Instead Of 43 Million Ton Prescri

    AROUND 24 MILLION TON ORE PRODUCED INSTEAD OF 43 MILLION TON PRESCRIBED BY CONTRACT

    14:42 March 23, 2015

    EcoLur

    "Only 10 out of 27 companies having been issued the right to soil
    management have launched business activities, but not to a complete
    extent. The other companies do nothing. Contractual obligations
    are not performed, investments are not made and the economy suffers
    significantly. The expectations of the state from this field are too
    high. Our small country has sufficient resources, but the results are
    insignificant, as the statistics show," Energy and Natural Resources
    Minister Yervand Zakharyan said at the consultation with mining
    company heads on 20 March.

    If the contractual obligations were performed by soil managers, around
    43 million tons of ore would be mined during one year. In 2014 around
    24 million tons of ore was mined or 56% of the planned.

    In 2014 the total value of goods production of mined natural resources
    was estimated in the amount of 209,885,997.4 AMD, which accounted
    for 103.36% of the total value of the goods production for 2013.

    In 2014 the soil managers paid a total of 12,079194.974 AMD royalty,
    which makes up 56.2% of the total royalty paid in 2013.

    In 2015 the soil managers plan to mine a total of 41,679,000 tons of
    mine and to bay 17 billion 172 million AMD royalty.

    "You are private companies and we regulate the relations with you by
    contracts. We have reciprocal obligations and we demand from you to
    perform your contractual obligations," Yervand Zakharyan said.

    Under the official information, the cadaster on mines of Energy and
    Natural Resources Ministry registered 970 mines, out of which 38 mines
    are metallic. 27 soil management permits were issued for the mining of
    natural resources, out of which 11 for gold, 5 for gold-polymetallic,
    7 for copper and molybdenum, 2 for copper and 1 for molybdenum,
    one for iron.

    Photo is taken from www.minenergy.am

    http://ecolur.org/en/news/officials/around-24-million-ton-ore-produced-instead-of-43-million-ton-prescribed-by-contract/7143/

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