Ambassadors of EU member states have agreed to phase out imports of Russian oil and gas by 2028, according to Reuters. On October 8, during a closed-door meeting, EU diplomats agreed to continue implementing the plan to reduce dependence on Russian energy resources. The draft legislation is set to be submitted to ministers for approval at the October 20 meeting. ...
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$25.6 Million: Mellon Blue diamond Sold at Geneva Auction
The rare Mellon Blue diamond, weighing 9.51 carats, was sold in Geneva for 20.5 million Swiss francs ($25.6 million). The diamond previously belonged to American philanthropist Rachel Mellon, a close friend of former U.S. First Lady Jacqueline Kennedy, according to the Christie’s auction house. Due to its intense color, the Mellon Blue is classified as a vivid “fancy” diamond, a ...
Read More »Nissan Tests New Electric Juke
Nissan has begun testing the new electric Juke on public roads, with sales of the production version expected to start next year. The new Nissan Juke EV will be manufactured at the company’s plant in Sunderland. Technically, the model is close to the Nissan Leaf, which in its third generation has evolved from a hatchback into a crossover. Its length ...
Read More »Amazon to Invest €1.4 Billion in the Netherlands Over 3 Years
Amazon.com Inc. plans to invest €1.4 billion in the Netherlands between 2025 and 2027. According to the company, the investments will be directed toward both Amazon Web Services (AWS) cloud business and the development of its commercial operations in the country. Specifically, Amazon intends to invest in improving technology and logistics, reducing delivery times, and increasing customer convenience. Amazon began ...
Read More »Developing Responsible Mining: Vardan Jhanyan at the UK Critical Minerals Association Conference
The Armenian delegation is participating in the 5th Annual “Critical Minerals: Shaping the Future” Conference, organized by the Critical Minerals Association in the United Kingdom. Armenia is represented by Vardan Jhanjanyan, First Deputy General Director of Zangezur Copper-Molybdenum Combine (ZCMC) and President of the Armenian Mining and Metallurgy Association, Armen Stepanian, Director for Sustainable Development, and Harutyun Movsisyan, Head of ...
Read More »Association of Mining and Metallurgy ready to back Armenia’s accession to CRIRSCO. Vardan Jhanyan
The Armenian Mining and Metallurgy Association convened another extended meeting, this time focusing on one of the important provisions arising from the principles of the mining sector development strategy—the transition to worldwide CRIRSCO standards. Vardan Jhanyan, President of the Association, outlined the current developments in this direction. He expressed confidence that the process should be transparent, that all stakeholders should ...
Read More »Renovated classroom opened with support from Kapan Mining and Processing Combine
The Kapan State College of Arts celebrated its 60th anniversary, marking the occasion with the opening of a renovated classroom supported by the Kapan Mining and Processing Combine (KMPC). Art and culture, as creative fields that shape identity and taste, play a vital role in community life and remain a central focus of attention and support.
Read More »According to Jhanyan, implementing CRIRSCO standards in the mining sector will allow Armenia to “speak the same language as the world,”
Leading industry experts gathered today at Elite Plaza to discuss Armenia’s accession to the Committee for Mineral Reserves International Reporting Standards (CRIRSCO), aimed at introducing internationally unified reporting principles and approaches for the assessment of mineral reserves in the Republic of Armenia, in line with the Mining Sector Development Strategy. Vardan Jhanyan, President of the Armenian Mining and Metallurgy Association ...
Read More »New “Critical Metals” innovation ցenter to open at Polytechnic University
Armenia’s National Polytechnic University (ANPU) is set to establish a new research and innovation laboratory dedicated to “Critical Metals.” The announcement was made on the university’s official Facebook page by Rector Gor Vardanyan, who noted that he signed a grant agreement with Alexander Patarinski, Chargé d’Affaires of the Embassy of Bulgaria. The laboratory will play a key role in supporting ...
Read More »Armen Stepanian: energy-saving technologies are key for large businesses
Armen Stepanian, Director of Sustainable Development at the Zangezur Copper-Molybdenum Combine (ZCMC), spoke with Banks.am about energy efficiency, green technologies, and Armenia’s sustainable development prospects. – Mr. Stepanian, ZCMC is a partner of the upcoming Robust Armenia 2025 conference on November 12, this year themed “Efficiency: The Key to Armenia’s Energy Security.” How well do you think energy efficiency is ...
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