Best Mining Law Lawyers in Armenia

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Global Business Vectrium LLC

Global Business Vectrium LLC

30 minutes Free Consultation
Yerevan, Armenia

Founded in 2018
5 people in their team
Armenian
Russian
English
Our StoryNavigating the Dynamic Marketplace: At Global Business Vectrium LLC, we understand the complexities and challenges of operating a business in today's fast-paced market. Our mission is centered on empowering businesses to thrive in Armenia, a land ripe with investment opportunities....
LSA Law Firm
Yerevan, Armenia

Founded in 2014
10 people in their team
Armenian
English
French
Russian
For over 10 years, LSA Law Firm has provided high-quality legal and accounting services across Yerevan and Armenia. Our experienced team, including former judges, prosecutors, and investigators, takes a strategic approach to every case, aiming for the best possible result within the law. We offer...
Redbridge (Armenia)
Yerevan, Armenia

Founded in 2011
50 people in their team
Armenian
English
Russian
French
Chinese
Welcome to Redbridge! The world of creative business advisory and power of law. We are clever, aggressive and relentless in achieving the very best results for our partners. We are a bridge here, and we know an exceptional amount about the industries in which we focus. We don’t just flag...
MB Legal

MB Legal

15 minutes Free Consultation
Yerevan, Armenia

Founded in 2020
10 people in their team
Armenian
Russian
English
MB Legal is a full-service law firm based in Yerevan, Armenia that offers a broad range of legal services. Practice areas include contract law, M&A and corporate law, company reorganizations, capital markets and investment funds, bankruptcy law, litigation, arbitration and mediation, and...
Gritarres

Gritarres

15 minutes Free Consultation
Yerevan, Armenia

Founded in 2018
8 people in their team
English
Russian
Armenian
French
Persian
Gritarres company gathered around specialists with diverse legal knowledge and experience. At the same time, though, they had similar goals and visions of improvement. From the beginning of its establishment, the team underlined the importance of working in tandem, because the most important...
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About Mining Law in Armenia

Mining Law in Armenia governs the exploration, extraction, processing, and sale of minerals and other natural resources located within the country. Armenia possesses significant reserves of metals such as copper, gold, molybdenum, and other minerals, making mining a crucial industry for the national economy. The legal framework for mining activities in Armenia is designed to regulate both domestic and foreign investments while ensuring the sustainable and responsible use of mineral resources. The primary legal acts include the Mining Code of Armenia, various governmental decrees, and local regulations aimed at harmonizing economic growth with environmental protection and community rights.

Why You May Need a Lawyer

Engaging in mining activities in Armenia involves navigating a complex set of laws, regulations, and permitting requirements. Here are situations where legal assistance is often necessary:

  • Obtaining mining licenses or permits for exploration and extraction
  • Negotiating contracts and agreements with the government or local stakeholders
  • Understanding and complying with environmental protection laws
  • Managing disputes related to land use, community interests, or compensation
  • Handling mergers, acquisitions, or joint ventures within the mining sector
  • Ensuring adherence to safety standards and labor laws
  • Securing financing and navigating tax obligations specific to the mining industry
  • Protecting intellectual property or proprietary technology for mining operations
  • Addressing cross-border or international mining ventures
  • Responsibly closing or rehabilitating mining sites in compliance with Armenian law

Local Laws Overview

Mining in Armenia is primarily regulated by the Mining Code of 2011, which outlines the legal basis for exploration, mining rights, environmental protection, royalty payments, liability for damages, and community engagement. Key points include:

  • A licensing system for both exploration and mining is mandatory, managed by the Ministry of Territorial Administration and Infrastructure
  • Applicants must undergo environmental and social impact assessments before permits are granted
  • Specific regulations govern the rehabilitation and closure of mining sites to minimize environmental damage
  • Mineral rights are typically state-owned, but companies and individuals can obtain user rights through licenses or concessions
  • Local communities must be consulted during project planning, and impacts assessed under Armenian law
  • Royalty payments and taxation of mining activities are established by law and enforced by state agencies
  • Amendments and additional requirements may be imposed regarding labor, health and safety, and foreign investment

Frequently Asked Questions

What types of minerals can be legally mined in Armenia?

The Armenian government allows the extraction of a range of minerals, including precious and base metals such as gold, copper, molybdenum, zinc and iron, as well as industrial minerals and building materials.

Who is responsible for issuing mining licenses in Armenia?

Mining licenses are issued and managed by the Ministry of Territorial Administration and Infrastructure, with input from environmental and local government bodies where required.

How long does it take to obtain a mining license?

The timeframe depends on the type of license and the complexity of the project. Typically, the process can take several months due to required impact assessments and consultations.

Are there specific environmental regulations for mining operations?

Yes, Armenian law requires environmental and social impact assessments before mining licenses are granted. Operators must follow strict rules on waste management, emission limits, and site rehabilitation.

Can foreign companies own mining rights in Armenia?

Yes, foreign companies can obtain mining rights in Armenia, subject to the same licensing procedures and legal requirements as domestic companies.

What happens if a mining company violates environmental laws?

Violations can result in fines, suspension or revocation of licenses, and potential criminal liability for serious environmental damage.

Are local communities involved in mining decisions?

Yes, Armenian law mandates consultations with affected local communities before issuing certain permits, especially when large-scale projects are involved.

How are mining royalties and taxes calculated?

Royalties are calculated based on the type and quantity of minerals extracted, and must be paid according to rates set by Armenian law. Other corporate taxes also apply to mining companies.

What legal protections exist for investors in Armenian mining?

Armenia provides legal protections for both domestic and foreign investors, including clear dispute resolution procedures and adherence to international arbitration agreements in some cases.

What is required for closing or rehabilitating a mine?

Mining companies are legally required to develop and implement a site rehabilitation plan, restore land as much as possible, and ensure public safety upon mine closure.

Additional Resources

If you are seeking further information or guidance, consider these organizations and government bodies:

  • Ministry of Territorial Administration and Infrastructure
  • Ministry of Environment of Armenia
  • Armenian Mining and Metallurgical Institute
  • Chamber of Mines of Armenia
  • State Committee on Urban Development and Land Use
  • Local environmental advocacy groups
  • Embassies and international business councils for cross-border interests

Next Steps

If you require legal assistance in Armenian mining law, it is recommended to gather all relevant documentation about your mining interests or project. Consult with a lawyer who specializes in mining law to review your situation and help you understand your rights and obligations under Armenian law. Lawyers can also assist in preparing applications, negotiating agreements, ensuring regulatory compliance, and resolving disputes. For best results, contact local legal professionals or business associations who can provide guidance based on current laws and the specifics of your project or case.

Lawzana helps you find the best lawyers and law firms in Armenia through a curated and pre-screened list of qualified legal professionals. Our platform offers rankings and detailed profiles of attorneys and law firms, allowing you to compare based on practice areas, including Mining Law, experience, and client feedback. Each profile includes a description of the firm's areas of practice, client reviews, team members and partners, year of establishment, spoken languages, office locations, contact information, social media presence, and any published articles or resources. Most firms on our platform speak English and are experienced in both local and international legal matters. Get a quote from top-rated law firms in Armenia - quickly, securely, and without unnecessary hassle.

Disclaimer:
The information provided on this page is for general informational purposes only and does not constitute legal advice. While we strive to ensure the accuracy and relevance of the content, legal information may change over time, and interpretations of the law can vary. You should always consult with a qualified legal professional for advice specific to your situation. We disclaim all liability for actions taken or not taken based on the content of this page. If you believe any information is incorrect or outdated, please contact us, and we will review and update it where appropriate.