Teghut mine

Mine in Armenia

Teghut Mine is a closed copper and molybdenum open-pit mine in Armenia's northern province of Lori in the village of Teghut with deposits valued at US$15.5 billion. In December 2014, Vallex Group launched production operations at the mine, which is a US$380 million project. In February 2018 Vallex Group published a statement announcing suspension of all operations and laying off nearly all staff.

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