The main prerequisite for business growth is the formalization of the economy. The topic was discussed during a recent conference, which was initiated by the Republican Union of Employers of Armenia (RUEA) with the support of the International Labor Organization (ILO). The key topic of the event was to jointly develop a new roadmap for business development with the state, ...
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It is very important for Armenia that responsible investors come. Vardan Jhanyan on mining operations in Yeghegis
The Yeghegis Council of Elders voted in favor of extending the Media Resource mining operations․ “It is very important for the Republic of Armenia that responsible investors come. Those interested in the sector are watching. If one reputable investor has come, it cannot expand, and others will not come for a long time, because the same standards are working,” Vardan ...
Read More »Google to Invest €5.5 Billion in Germany
Google plans to invest €5.5 billion in Germany over the next four years to expand data centers and other operations. The announcement was made in Berlin during a meeting with several German ministers. According to media reports, the investment includes the construction of two data centers in the Frankfurt region. The initiative is expected to create around 9,000 jobs annually ...
Read More »The Armenian Mining and Metallurgy Association met with representatives of the province of Ontario within the framework of PDAC 2026
Recently, the Armenian delegation participated in the PDAC 2026 international conference, which was held in Toronto and is considered one of the most prestigious and largest events in the mining industry. The conference brings together state officials, leading companies in the industry, investors and experts from different countries of the world to discuss modern trends in the development of the ...
Read More »The Armenian Mining and Metallurgy Association presented the potential of Armenia’s mining sector and cooperation opportunities at PDAC 2026
The Armenian delegation, headed by Deputy Minister of TRC Asatur Vardanyan, participated in the PDAC2026 international conference held in Toronto, Canada, on March 1-4.The delegation also included Vardan Jhanyan, President of the Armenian Mining and Metallurgy Association, Hayk Aloyan, Executive Director of Lydian Armenia, and Gor Yedigaryan, Diplomat of the Armenian Embassy. Within the framework of the conference, Vardan Jhanyan ...
Read More »AMMA deepens international cooperation in the mining industry. PDAC 2026
The PDAC 2026 international conference was held in Toronto, Canada, from March 1 to 4, in which the delegation of the Republic of Armenia, headed by the Deputy Minister of the Ministry of Territorial Administration and Infrastructure of the Republic of Armenia Asatur Vardanyan, participated.The delegation also included Vardan Jhanyan, President of the Mining and Metallurgy Association of Armenia and ...
Read More »Nvidia Corp. Revenue Surges 1.6-Fold, Setting New Record
American graphics processor manufacturer Nvidia Corp. increased its net profit by 1.7 times and revenue by 1.6 times in the third fiscal quarter, setting a new revenue record. In the quarter ended October 26, the company’s net income reached $31.91 billion, up from $19.31 billion a year earlier. Earnings per share rose to $1.30, compared to $0.78 in the same ...
Read More »EU to Phase Out Russian Oil and Gas Imports by 2028
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. ...
Read More »$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 ...
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