In Jan-Sept 2014 Agarak Copper- Molybdenum Combine increased its output by 4.31% to 16.2bln AMD.
According to Armenia's Energy and Natural Resources Ministry, during the period ore production grew by 11.78% to 2.9mln tons, royalties dropped by 58.24% to 430mln AMD.
Agarak Copper-Molybdenum Combine develops the Agarak copper-molybdenum deposit in the south of Armenia and is owned by GeoProMining, who bought its shares in 2007. The company is the biggest employer in Meghri district