Abstract

It is no secret that resources, in the case of their optimal and reasonable management, are national security, supply security, country's wealth, international trade and economic relations, regional development. On the other hand, global economic developments, even in China, have slowed down, but metal prices in international markets are relatively stable, as there is no clear understanding of metal reserves. The purpose of this article is to reveal the role of the mining sector in the development of the economy, as well as its investment attractiveness by analyzing the main indicators of the sector and the financial indicators of industry organizations. To achieve the above goal, a number of tasks were set and solved in the article, namely: present the share of the mining industry and quarrying in the added value of the Republic of Armenia in recent years, as well as the share of those employed in it, conduct a comparative analysis of the average monthly nominal wage in this industry and the republican indicator of the average monthly nominal wage, study the production and sales of products of organizations according to the cost structure of the main types of economic activities, profitability and other financial indicators, etc.

Full Text
Published version (Free)

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call