The Armenian government has approved an investment program of 81.4 billion drams aimed at purchasing equipment for the Amulsar mine. The project is being implemented with the participation of Mota-Engil Mining Caucasus as part of a mining services agreement.
The program is related to the operation of the Amulsar gold deposit and is being carried out under a contract with Lydian Armenia. The contractor is responsible for key stages of industrial work – from blasting operations to mining, ore transportation, and waste disposal.
As part of the government's decision, the company received an exemption from import customs duties. The investments will be directed towards modernizing the technical base, which should increase mining efficiency and expand the mine's production capabilities.