Explore the latest trends and actionable insights on the Global Surface Mining Equipment market to inform business strategy and pinpoint opportunities and risks.

Armenia: Five Largest Surface Mines in 2021

  • Kajaran Mine in Syunik, was the largest surface mine in Armenia, producing approximately 60.37 million metric tons per annum (mmtpa) of Run-of-Mine (ROM) and primarily produced copper (163.01 thousand tonnes) in 2021. The Kajaran Mine is owned by Zangezur Mining LLC;Armenian Molybdenum Production LLC;CRONIMET Mining AG;Plant of Pure Iron OJSC. The second largest surface mine with an estimated 3.3 mmtpa of ROM and primarily producing copper (18.66 thousand tonnes), was the Teghut Copper and Molybdenum Mine located in Lori. The Teghut Copper and Molybdenum Mine is owned by Vallex Group.

  • Agarak Copper-Molybdenum Mine located in Syunik was the third-largest mine, the Zod Mine located in Aragatsotn was the fourth-largest mine, and the Toukhmanuk Mine located in Aragatsotn was the fifth-largest mine, with an estimated ROM production of 3 mmtpa, 0.79 mmtpa and 0.16 mmtpa, respectively, in 2021. Primarily, the Agarak Copper-Molybdenum Mine produced approximately 27 thousand tonnes of zircon, the Zod Mine produced approximately 99.82 thousand ounces of gold, and the Toukhmanuk Mine produced approximately 27.58 thousand ounces of silver in the year 2021. The Agarak Copper-Molybdenum Mine is owned by GeoProMining, Ltd. which is due to operate until 2035, the Zod Mine is owned by GeoProMining, Ltd. which is due to operate until 2040 and the Toukhmanuk Mine is owned by Global Gold Corp;Consolidated Resources LLC which is due to operate until 2024.

  • The five largest surface mines, i.e., Kajaran Mine, Teghut Copper and Molybdenum Mine, Agarak Copper-Molybdenum Mine, Zod Mine, and Toukhmanuk Mine, cumulatively produced approximately 67.63 mmtpa of ROM in 2021.

Armenia: Five Largest Surface Mines in 2021

Published: July 2022
Source: GlobalData

Explore the latest trends and actionable insights on the Global Surface Mining Equipment market to inform business strategy and pinpoint opportunities and risks. Explore the latest trends and actionable insights on the Global Surface Mining Equipment market to inform business strategy and pinpoint opportunities and risks. Visit Report Store
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