Thursday, 23 May
Industry

Articles AUA Study: Mining in Armenia Creates Poverty, Income Inequality

11:59 | April 23, 2013
His analysis, however, also showed that “…the mining sector is likely to increase income inequality and deepen poverty in the regions of Armenia in which it operates.”

News Raffi Hovannisian: 'Big mining is poisoning Armenia'

12:49 | December 25, 2012
By now it is clear that the rise of big mining in Armenia has been not a project of the national interest but a privilege of the chosen few, who have amassed fantastic fortunes while our country descends into poverty and despair.

Interviews Artsakh Head of Tourism: Mining Will Not Impede Development of Local Tourism

11:04 | August 1, 2012
In a conversation with Hetq, Artsakh Department of Tourism Director Sergei Shahvedyan argues that mines now operating or planning to be launched in Artsakh will not impeded the growth of tourism in the country.

Articles Las Vegas Riches in Armenia: Saravan Pins Its Hopes on Amoulsar Gold Mine

10:36 | July 24, 2012
Real estate prices in the tiny Vayots Dzor village of Saravan are on the rise. A house that went for $1,500-$2,000 just a few years ago now goes for $10,000. So what’s behind the sudden “gold rush” in Saravan? That’s right; it’s the yellow metal itself.

Articles Mayor of Tzav: "I'll change my nationality if the Mazra gold mine is allowed to operate" (video)

10:26 | June 19, 2012
This is why the village is split on whether the Bardzradir (Mazra) gold mine should be allowed to operate. Some want the prospect of new jobs while others want to keep the clean air and water of the countryside

Interviews Freedom Party President Hrant Bagratyan Answers Reader Questions

10:40 | April 23, 2012
Question - The oligarchs, led by Serzh Sargsyan, will not voluntarily give up power. How can concerned citizens oblige them to leave? Answer - By rebelling.

News Prime Minister Visits Yerevan-Based Enterprises

18:48 | February 3, 2012
Prime Minister Tigran Sargsyan visited today 365 Group and Murad Sar enterprises in Yerevan. Accompanied by Minister of Economy Tigran Davtyan and Minister of Agriculture Sergo Karapetyan, the head of government toured the entities getting acquainted with production processes and development programs.

Articles Plant Director - "Mghart is a gift from the creator above"

13:13 | November 26, 2011
Over the past few years, MG has carried out exploratory work over 500 hectares of agriculturally zoned land in the area, uncovering rich deposits of gold, copper and molybdenum.

Opinion "There's a huge mining mafia at work", says Greens Union Prez

15:48 | November 19, 2011
Fortune Resources a company preparing to operate the Hrazdan iron mine, is facing fierce resistance from local environmental activist.

Articles Mining: An Economic Engine or Path to Ruin

16:34 | October 13, 2011
In 2010, Armenia produced 41,000 metric tons of copper and 5,400 metric tons of molybdenum. According to market analysis by Bloomberg, however, the 2011 worldwide deficit of copper stands at 635,000 tons— the largest since 2004—with its price exceeding 10,000 US dollars and demand continuing to grow at a rate of 4.2%. According to analysis by Morgan Stanley, the price of copper is to reach 11,000 US dollars per ton during 2011 while Barkley Capital projects 13,000 US dollars per ton by year’s end.

Articles Toxic Tailings Continue to Pollute Debed River

12:13 | October 12, 2011
At noon on October 10, the waters of the Debed River in the Akhtala-Ayroum stretch were a greyish tint.

Articles Teghout Copper Mine: On Track to Produce 28,000 Tons a Year

13:15 | July 19, 2011
The Teghout operation will produce about 28,000 tons of copper ore a year. This will be in addition to the 23,000 already produced in Armenia.

Articles Tourism vs Mining: Svarants Residents Sound Off

12:20 | June 21, 2011
The only catch is that the area is now being targeted for extensive mining operations. The question now being debated in Armenia is whether the two sectors can effectively coexist?

Articles Toxic Tailings: Can Armenia Learn from the Balkans?

14:30 | June 20, 2011
What lessons can Armenia learn from new technologies being implemented in these post-Soviet countries to deal with toxic mining wastes? A delegation from Armenia went to find out.

Articles Bekor Papazyan - A Victim of State Mining Interests

16:55 | June 1, 2011
A Hetq source within the government says that Mr. Papazyan,Executive Director of the Competitiveness Foundation,is being forced out, a victim of mining interests at the Tatev Monastery.

News Government Transfers Private Lands to Mining Operations

16:15 | April 28, 2011
Government Transfers Private Lands to Mining Operations

Articles Can Armenia’s Mining Sector be Properly Monitored?

18:02 | March 14, 2011
An inter-departmental working body was formed in Armenia on February 3, 2011, at the behest of RA Prime Minister Tigran Sargsyan.

News Distilled Spirits Disapppearing at Yerevan Brandy Company

17:35 | July 23, 2010
A well-informed Hetq source inside the Yerevan Brandy Company, whose main brand is Ararat, reports that during the past few years large amounts of distilled spirits have mysteriously disappeared from the plant’s vaults. The source claims that 300-400 tons has gone missing just within the past year alone.

Interviews The Giant of Armenia’s Mining Industry

16:50 | November 5, 2007
John Sellar, Director of Deno Gold Mining Company, responds to questions posed by Hetq Online

Articles False Information That Was Paid For

13:14 | August 20, 2007
“...Upon publishing the article (They're Getting Rid of the Indians and Bringing In the Russians) further investigation revealed that the Madneuli Stock Company purchased all the shares of the Golden Ore, LLC in December 2006. This transaction was duly noted on April 23, 2007 in the Federal Registry's Regional Branch and was correspondingly recorded in the participants' Reeystr (a government-related department also attached to the Ministry of Justice where changes in stock ownership are duly recorded).

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