Did You Know That…?
The mineral industry is one of the main sectors of the Armenian economy and as of 2011 has accounted for over half of the country's exports. Armenia is considered a major producer of the mineral molybdenum. In spite of the global economic crisis of 2008, mining production and revenues grew significantly in 2009 due to a rise in the global prices of copper, gold, and other base metals. The Zangezur copper-molybdenum complex possesses large molybdenum reserves that are concentrated in the Kajaran deposit. Besides molybdenum, Armenia has significant deposits of copper and gold, smaller deposits of lead, silver, and zinc,as well as industrial minerals including basalt, diatomite, granite, gypsum, limestone, and perlite.
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