During a government meeting on January 18, Prime Minister Nikol Pashinyan announced that the operation of the Amulsar mine is expected to bring numerous economic benefits and contribute to the development and progress of Armenia. The government has accepted the offer from the “Lydian” company to dedicate 12.5 percent of the Amulsar mine to the Armenian government. Pashinyan expressed hopes that the mining operation at Amulsar will set new standards for environmental protection, and the government, as stakeholders in the issue, will be consistent in ensuring this.

The “Lydian” company, which is responsible for the operation of the Amulsar mine, has made the decision to dedicate 12.5 percent of its shares to the government of Armenia. This move signifies a commitment by the company to collaborate with the government and contribute to the overall welfare of the country.

The Amulsar mine operation is expected to have a positive impact on Armenia’s economy, providing various economic benefits such as job creation and increased investment. The prime minister’s announcement highlights the potential for additional development and progress arising from the mining activities at Amulsar.

Pashinyan emphasized the importance of ensuring environmental protection standards are upheld during the operation of the Amulsar mine. With the government’s involvement as stakeholders, there is a strong commitment to maintaining consistency in addressing environmental concerns and mitigating any potential negative impact.

In summary, the dedication of 12.5 percent of the Amulsar mine to the Armenian government by the “Lydian” company signifies a strong collaboration between the private sector and the government. This partnership aims to achieve economic benefits, further development, and progress for Armenia. With a focus on environmental protection, the government is committed to maintaining consistency and ensuring that the mining operation at Amulsar adheres to high standards. The Amulsar mine operation holds great potential for Armenia’s economy and overall growth.