Teghut copper-molybdenum deposit

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.

Mine data from Wikidata (CC0). Summary from Wikipedia (CC BY-SA).