  U.S. sees Amulsar mine as key investment opportunity March 1, 2025 - 12:02 AMT PanARMENIAN.Net - The U.S. Embassy in Armenia has welcomed the decision to restart the Amulsar gold mine project. "Great news! The U.S. Embassy welcomes the agreement between Lydian and Armenia to resume the large-scale Amulsar mine project, which will bring millions of dollars in investments, create jobs, and contribute to prosperity for both the United States and Armenia. Armenia is open for U.S. business, and the U.S. Embassy is proud to support this initiative as we work together for a more prosperous future," the embassy stated in a Facebook post. The Armenian government has decided to provide up to $150 million in budgetary guarantees to Armenian banks to facilitate loan financing for the operation of the Amulsar gold mine.   Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion.   Partner news |  Latest news Viva sees growing demand for cloud services  In recent years, medical institutions are starting to make use of Viva’s cloud servicesTurkey replacing term "Central Asia" with "Turkestan" in textbooks The Turkish Ministry of Education is replacing the term "Central Asia" with "Turkestan" in textbooks.Armenian, German presidents meet in Berlin Armenian and German Presidents Vahagn Khachaturyan and Frank-Walter Steinmeier met in Berlin.Armenia assumes presidency of Mediterranean Network of Regulatory Authorities The Commission on Television and Radio of Armenia said it expects productive cooperation in various formats. |
