Abovyan mine

Last updated
Abovyan mine
Location
Location Abovyan
town Kotayk Province
Country Armenia
Production
Products Iron
Company
Private company

The Abovyan mine is a large mine in the center of Armenia in Kotayk Province. Abovyan represents one of the largest iron reserve in Armenia having estimated reserves of 255 million tonnes of ore grading 40% iron. [1]

Mining The extraction of valuable minerals or other geological materials from the earth

Mining is the extraction of valuable minerals or other geological materials from the Earth, usually from an ore body, lode, vein, seam, reef or placer deposit. These deposits form a mineralized package that is of economic interest to the miner.

Armenia Republic in South Caucasus in West Asia

Armenia, officially the Republic of Armenia, is a country in the South Caucasus region of Eurasia. Located in Western Asia on the Armenian Highlands, it is bordered by Turkey to the west, Georgia to the north, the de facto independent Republic of Artsakh and Azerbaijan to the east, and Iran and Azerbaijan's exclave of Nakhchivan to the south.

Kotayk Province Province in Armenia

Kotayk, is a province (marz) of Armenia. It is located at the central part of the country. Its capital is Hrazdan and the largest city is Abovyan. It is named after the Kotayk canton of the historic Ayrarat province of Ancient Armenia.

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The mineral industry is one of the main sectors of the Armenian economy and in 2017 accounted for 30.1% of its exports.

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References

  1. "Fortune oil acquire stake in Armenian iron ore mines" (PDF). fortune-oil.com. 2010. Archived from the original (PDF) on 2016-03-04. Retrieved 2013-06-29.