In an interview with Iravaban.net, Sargis Kelyan, Dean of the Faculty of Geology at Yerevan State University, challenged a common misconception about mining. He stated, “If we were to consider Canada and Sweden, countries with advanced mining sectors, as poor, then we would have to question our very definition of a nation.”

One pervasive myth surrounding the mining industry is that it predominantly occurs in impoverished countries. Kelyan decisively refutes this notion, pointing out that mining operations are conducted in over 100 countries worldwide, including several G8 nations. “This is clearly a myth,” Kelyan asserts. “If we are blessed with abundant natural resources, why shouldn’t we harness them responsibly?”

The International Council on Mining and Metals has compiled a list of the top 20 mineral-producing countries. This roster includes G20 members such as Australia, the United States, Canada, Brazil, Argentina, and Mexico, alongside other economically advanced nations.

Kelyan emphasizes that responsible resource exploitation should not harm the state. In fact, when mining constitutes one of the most lucrative sectors of the economy, its judicious development becomes crucial for sustainable economic growth and progress.

“Reckless exploitation of our natural resources would, of course, warrant the highest level of accountability,” Kelyan explains. “However, if we possess these resources and can utilize them rationally to bolster and diversify our economy, why would we not seize this opportunity for growth?”

Details are in the video.