ArmInfo. The agenda of peace and unblocking communications could significantly change Armenia's economic geography. Armenian Deputy Prime Minister Mher Grigoryan stated this at the opening of the international Mining Armenia Forum.
In a more open and interconnected region, he said, Armenia can strive to be not only a raw materials producer, but also
to form a broader mining ecosystem. At the same time, the Deputy Prime Minister noted the importance of continuing to implement international standards and build trust in the sector.
Today, countries' competitiveness is determined not only by natural resources, but by predictable regulation, a stable tax environment, effective public administration, infrastructure, and a clear policy for investors. Armenia has real opportunities in this regard, but it must also take the necessary actions," the Deputy Prime Minister emphasized.
It is worth noting that the major international Mining Armenia Forum 2026 opened on October 16-17, bringing together representatives of dozens of mining and related companies from Armenia and abroad. The forum is being held for the third year in a row.
The forum will feature approximately 50 speakers, including representatives of international mining companies and financial institutions, investors, policymakers, sustainability experts, technology providers, as well as representatives of academia and civil society.
The Mining Armenia Forum is organized by the Mining Forum Development Fund and the Mining and Metallurgy Association of Armenia. The forum's strategic sponsors are the country's largest mining players, the Zangezur Copper and Molybdenum Combine, and the gold mining company, Lydian Armenia. The forum's main sponsors are Ameriabank CJSC. and Teghut CJSC.
According to the RA Statistics Committee, the mining sector grew by 24.3% year-on-year from January to August (versus a 0.8% decline a year ago), reaching 489.7 billion drams. In August alone, mining sector volumes increased by 6.3% to 67.6 billion drams.
