ArmInfo. On the Armenian interbank currency market, from October 12 to 16, both dollar and ruble transactions recovered from a decline to growth, while euro transactions ceased again. In particular, the trend of dollar transactions reversed from a 98% decline to a significant growth of 10 times, which was also observed in ruble transactions, the trend of which recovered from a 25.2% decline to a 36.1% growth. As a result, the weekly volume of ruble transactions retained its lead over dollar transactions, narrowing from 36 times to 5 times.

ArmInfo. Armenian Economy Minister Gevorg Papoyan met with Cyprus Minister of Agriculture, Rural Development, and Environment Christos Senekis on the sidelines of COP17.

ArmInfo. On October 16, Armenian Economy Minister Gevorg Papoyan met with Turkish Minister of Agriculture and Forestry Ibrahim Yumakli on the sidelines of the 17th Conference of the Parties to the UN Convention on Biological Diversity (COP17). Deputy Economy Minister Arman Khojoyan also participated in the meeting.

ArmInfo. The only difference between Kazakhstan and Armenia is territory, and Kazakhstan's vast territory allows for large-scale geological exploration. I wouldn't recommend Armenia follow this path; it would be better to attract qualified juniors, but establish a strict sieve.

ArmInfo. Armenia's mining industry has high development potential. This was stated by Hayk Aloyan, Executive Director of Lidian Armenia, during a briefing with journalists on October 16 on the sidelines of the Mining Armenia Forum.

ArmInfo. Prospects for expanding investment cooperation in the green economy, energy, and infrastructure development in Armenia with the participation of the EU were discussed at a meeting in Yerevan between Deputy Minister of Finance of Armenia Edgar Mkrtchyan, Deputy Head of Mission of the Italian Embassy in Armenia Andrea Peduto, and Head of Western Balkans and Eastern Neighborhood at the Italian Development Bank Cassa Depositi e Prestiti (CDP), Lucia Bonelli.

ArmInfo. Nuclear energy is of strategic importance for Armenia. The Armenian Nuclear Power Plant (NPP) provides a significant portion of the country's electricity, supplying 30-40% of its energy resources. This was stated by Eduard Martirosyan, Director General of the Metsamor Nuclear Power Plant (MNPP), during his speech at the "3+3" platform discussions: Energy Cooperation as a Pillar of Peace and Security in the South Caucasus, held during Russian Energy Week in Moscow.

ArmInfo. Azerbaijan, having its own gas reserves, is ready to purchase Russian gas based on economic interests, while Armenia, lacking its own gas, is discussing the possibility of abandoning Russian gas. This is how Vahe Davtyan, a doctor of political science, professor, and leading researcher at the Center for Caucasian Studies at the Institute of Central Asia and Geophysics of the Russian Academy of Sciences, commented on the statement by Elshad Nasirov, Vice President of the State Oil Company of Azerbaijan (SOCAR), about Baku's intention to resume purchasing Russian gas from Gazprom.

ArmInfo.  The Armenian insurance company "LIGA Insurance" took part in the annual international conference of GRAWE Group, which was held in the city of Postojna (Slovenia). At the event, the company was officially introduced to its international partners as a new full member of this prestigious international financial group.

ArmInfo.  Based on the results of the seventh month, the revenue of Armenian mining companies amounted to 470 billion drams, which is 62% higher than last year. This was stated by Suren Parsyan, associate professor at the Armenian State University of Economics, PhD in economics, and lawyer, while presenting his research at the international Mining Armenia Forum.

ArmInfo. Together with its partners, IDBank will participate in the 17th meeting of the Conference of the Parties to the UN Convention on Biological Diversity (COP17), where it will present a number of key initiatives focused on green transformation, digital ecosystems, and biodiversity conservation.

ArmInfo. The Strong Armenia faction will present a legislative initiative in the Armenian parliament providing for simplified registration of drugs registered in the European Union (EU). Narek Karapetyan, head of the Strong Armenia parliamentary faction, announced this at a press conference in Yerevan on October 16.

ArmInfo. Global geological exploration spending peaked in 2012, after which the trend began to decline. Vardan Janyan, Chairman of the Mining and Metallurgy Association and First Deputy General Director of the Zangezur Copper-Molybdenum Combine (ZCMK), noted during the opening ceremony of the Mining Armenia Forum that if this situation continues despite the current growing demand, the international economy will face serious difficulties in securing critical metals.

ArmInfo. Discussions with the Russian side regarding the transfer of the concession for Armenian railways are ongoing, and the process has not reached a dead end. Armenian Minister of Territorial Administration and Infrastructure David Khudatyan stated this on October 16 in a conversation with journalists on the sidelines of the COP17 leaders' summit, which is taking place in Yerevan under the motto "Leaders for Nature."

ArmInfo. Armenia has no problems with the current agreement with Russia on gas supplies, which are carried out on a regular basis. This was stated by Armenian Minister of Territorial Administration and Infrastructure David Khudatyan in an interview with journalists on October 16 on the sidelines of the COP17 leaders' summit, which is taking place in Yerevan under the motto "Leaders for Nature."

ArmInfo. Armenia plans to decide on the model of a new nuclear power plant (NPP) in early 2027. Armenian Minister of Territorial Administration and Infrastructure David Khudatyan announced this in a conversation with journalists on the sidelines of the COP17 leaders' summit, which is being held under the motto "Leaders for Nature."

ArmInfo. Armenia is considering expanding energy ties with Azerbaijan and Turkey. This was stated by David Khudatyan, Minister of Territorial Administration and Infrastructure of Armenia, in a conversation with journalists on October 16 on the sidelines of the COP17 leaders' summit under the motto "Leaders for Nature."

ArmInfo. Armenian Minister of High Technologies and Artificial Intelligence Davit Tadevosyan and World Bank (WB) Country Manager for Armenia Fabrizio Zarcone met in Yerevan to discuss opportunities for developing cooperation in high technology, artificial intelligence (AI), cybersecurity, and telecommunications, as well as the digital transformation of government information systems.

ArmInfo. The mining industry's share of Armenia's GDP will reach a record 5.1% by the end of 2026, compared to the actual 3.1% registered in 2025, and 3% in 2024. This was announced on October 16 during the opening ceremony of the Mining Armenia Forum by Vardan Janyan, Chairman of the Mining and Metallurgy Association and First Deputy General Director of the Zangezur Copper and Molybdenum Combine (ZCMK).

Arminfo. The major international Mining Armenia Forum 2026 has begun in the Armenian resort town of Tsaghkadzor, bringing together representatives of dozens of mining and related companies from Armenia and foreign countries. The forum is being held for the third consecutive year.