8th Floor: Amulsar’s Offshore Trail and Cost of State Participation

8th Floor: Amulsar’s Offshore Trail and Cost of State Participation

hetq.am

On October 10, the official inauguration ceremony for the Amulsar gold mine in Vayots Dzor took place. The issue of managing the risks associated with the operation of the mine, which has been repeatedly debated and criticized, remains highly relevant. Following the transfer of a 12.5% stake in the mine to the government, the trail of the other shareholder leads to offshore jurisdictions—the Seychelles, the British Virgin Islands, and the United Arab Emirates.

In this episode of the 8th Floor podcast, Hetq Editor-in-Chief Edik Baghdasaryan and Hetq economic journalist Seda Hergnyan discuss the operation of the Amulsar mine.

Main photo: Hetq online newspaper



November 06, 2026 at 11:28