Affiliation:
1. Armenian State University of Economics, Chair of Environmental Economics
2. Armenian State University of Economics, Faculty of Regulation of Economy and International Economic Rеlations
Abstract
The purpose of the article is to present problems of sustainable development of Armenia's mining sector. The importance of the mining industry in the development of the economy of the Republic of Armenia is also assessed. Then models of the mining industry in Canada and Sweden are presented. Tasks arising in achieving the goal: to comparatively differentiate and identify economic and environmental priorities and disadvantages of the mining industry. A survey of Canadian and Swedish mining experiences is undertaken to find solutions to existing problems.
The article uses the SWOT data analysis method. As a result, it is concluded that it is possible to develop the mining industry in accordance with international environmental standards and requirements, while at the same time providing economic benefits in this area. And among metal mining companies, only large companies or coalitions consisting of a few medium-sized mining companies should be formed, which will enable the development of the mining sector in accordance with the principles of sustainable development.
Publisher
Union of Young Scientists and Specialists of Artsakh
Cited by
1 articles.
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