page_title: Teghut Mine
hierarchical_section_title: Teghut Mine
caption_attribution_description: English: General view of the open-pit Teghut Copper-Molybdenum Mine in Armenia's northern Lori province. (Picture taken from past the southern boundary of the mine.)
context_page_description: 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.
  The mine was expected become comparable in size to the Kajaran Mine in southern Armenia.
context_section_description: 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 2010).  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.
  The mine was expected become comparable in size to the Kajaran Mine in southern Armenia.
caption: Open-pit mining at Teghut (summer 2014)
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