EITI Armenia Progress Reports

EITI Report of Armenia 2020-2021

The Republic of Armenia publishes the forth National EITI Report of Armenia, which represents the metal mining sector in Armenia in 2020-2021.The report was compiled by Ernst & Young CJSC, the Independent Administrator, and approved by the EITI MSG of Armenia.

For the purpose of compiling the EITI Report the Ministry of Territorial Administration and Infrastructure, the Ministry of Environment, the State Revenue Committee and all mining companies which had been issued a permit for metallic mineral extraction disclosed comprehensive data on revenues and payments, submitted in public reports defined by the RA Government Decree N 666-N dated June 8, 2018.The Independent Administrator reconciled the revenues and payments data received from the government agencies and mining companies, and presented reconciliation results in the EITI Report.

According to the EITI MSG decision, the companies which had in the reporting fiscal year paid to the RA national budget taxes and payments equivalent to or exceeding AMD 150 million, were subject to reconciliation. For the Report the Independent Administrator reconciled data of 10 companies for 2020-2021 fiscal years.  

MINING COMPANIES SUBJECT TO RECONCILIATION FOR 2021

  1. “Zangezur Copper-Molybdenum Combine” CJS
  2. “Teghout” CJSC
  3. “Geopromining Gold” LLC
  4. “Agarak CMC” CJSC
  5. “Chaarat Kapan” CJSC
  6. "Lichkvaz" CJSC
  7. “Aktala Mining and Processing Enterprise” CJSC
  8. “Meghradzor Gold” LLC
  9. “Ler-Ex” LLC
  10. “Lydian Armenia” CJSC

 MINING COMPANIES SUBJECT TO RECONCILIATION FOR 2020

  1. “Zangezur Copper-Molybdenum Combine” CJS
  2. “Geopromining Gold” LLC
  3. “Teghout” CJSC
  4. “Chaarat Kapan” CJSC
  5. “Agarak CMC” CJSC
  6. “Aktala Mining and Processing Enterprise” CJSC
  7. “Meghradzor Gold” LLC
  8. “Ler-Ex” LLC
  9. “Lydian Armenia” CJSC
  10. "Lichkvaz" CJSC

2020-2021 EITI reports submitted by the metal mining companies and State Agencies are available on Online Reporting Platform.

Public reports submitted by the Ministry of Environment - 2020, 2021

EITI Armenia Summary Data - 2020 XLS2021 XLS