Mining by country

Mining in Armenia

What Armenia mines: molybdenum (2% of world output, #6). Mineral rents are 6.8% of GDP.

Mineral rents6.8%of GDP, 2021. Higher than 92% of countries.
Ores and metals18%of merchandise exports, 2025.
Biggest world roleMolybdenum2% of world mine output, #6, 2025.
World top-3 producer of0minerals we track.
Governance, World Bank WGI 2025
  • Rule of law-0.27above 45% of countries
  • Political stability-0.43above 30% of countries
  • Regulatory quality+0.22above 62% of countries
  • Control of corruption+0.11above 58% of countries
Estimates from −2.5 to +2.5; the bar sits at the country's score.

Mining in Armenia at a glance

Main mines
Agarak, Zangezur (Kajaran), Mgartskoye Source: USGS

Mining employment from the ILO usually counts all of mining and quarrying, often with oil and gas; national shares of GDP and exports are as each source defines them.

Share of world mine production

MineralWorld shareWorld rankYear
Molybdenum2%62025

Molybdenum mining in Armenia

Armenia mined 2% of the world's molybdenum in 2025, ranking #6 (USGS). Every molybdenum mine and project in Armenia.

History of mining in Armenia

What the ground holds. molybdenum, copper, gold, silver, zinc, lead, iron-ore, diatomite, gypsum, limestone, basalt, perlite, zeolites and bentonite. Source: USGS

How prospectors changed the worldThe full mining timeline

By mineral

Molybdenum mines

Mining elsewhere in Asia

ChinaIndonesiaJapanKazakhstanSouth KoreaIndiaTurkeyMongoliaPhilippinesVietnam

World shares: USGS Mineral Commodity Summaries, latest year per mineral. Mineral rents, exports and governance: World Bank WDI and WGI. Trade: CEPII BACI. Projects: listed companies' announcements.

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Cover photos from Wikimedia Commons: The Big Hole by Rudolph Botha, CC BY-SA 3.0.