Armenian iron ore reserves exceed 100,000 tons
Armenia has about 100,467 tons of iron deposits, head of the Agency for Natural Resources of the Armenian Ministry for Energy and Natural Resources Khachik Saponjyan said, News.am reports.
Two licenses for iron mining were issued for Spice Steel Armenia (Abovyan area) and Fortune Resources (Razdan area). Spice Steel Armenia is also operating at the deposits of Svarants and Syunik. Surart is exploring the deposits of Bazumskoye direction of the Lori Region.