Mr. Vardan Papyan is an Independent Consultant and Expert in the mining industry in Armenia. Prior launching his own business, Vardan was the General Director of “Sagamar CJSC” (Armanis Gold-Polymetallic Mine). Where he solely took the responsibility of the project development from the begging to the end. Earlier, from 2001 to 2007, Mr. Papyan was the CEO at “Metal Prince Limited”, engaged in the exploitation of Polymetallic mines, processing of ores and implementation of geological perspective of Armenia. He was also the General Director of “Akhtala Mountain Enrich Combinat”, a subsidiary of “Metal Prince Limited” involved in mining and ore processing.


Mr. Papyan has a vast experience in developing both Brownfield and Greenfield projects, mine operations, including program management, process engineering, equipment procurement, contract negotiation and overall mine management. During the last 30 years, he provided consultancy services in the mining field to private investors, mutual and trust funds, the government of Armenia and to International Scientific Institutions.


 Vardan holds a Master’s Degree in Engineering Geology from Moscow State University.




Mrs.Naira HAKOBYAN is the Administrative Director of AVV Mining ltd. since its foundation. For the past 20 years, Naira held executive positions in both governmental and private sectors. From 2008 to 2012, she was Chief Administrative Officer of Sagamar CJSC, and took the responsibilities of day-to-day management of company`s activities and building external relationships with the governmental organizations. Prior to that, she was Chief Human Resources Officer and Administrative Director of “Global Gold Mining LLC” subsidiary of “Global Gold Corporation”. Mrs. HAKOBYAN also held executive positions in the governmental bodies such Director of Regional Labor Inspectorate of Lori Region and Deputy Director of State Employment Center.




Vahram PAPYAN works at AVV Mining ltd as a Business Development Manager/Project Manager since its foundation. From 2010 to 2012, Vahram was Deputy General Director of Sagamar CJSC. From 2008 to 2010 he held the position of Executive Assistant to General Director at Sagamar CJSC. He is specialized in project management (PMBOK), risk management (ISO 31000:2009), supply chain management and contract negotiation.


Vahram has passed several professional training courses at Imperial College London, London Metals Exchange (LME) and Project Management Institute (PMI). He holds a Bachelor degree in Engineering from ERIICTA and Master Degree in Applied Project Management from The University of Adelaide (Australia).




Dr. Vahan KIRAKOSYAN is appointed as a Research and Innovation Analyst since January 2013. His primary responsibilities include extensive and in-depth technology and innovation research and analysis, tracking the mining industry trends, researching, and managing emerging technologies. Prior to joining our team Dr. KIRAKOSYAN has been working at Joint Institute for Nuclear Research (JINR) as a Senior Research Associate. He is author of 27 scientific publications and recipient of numerous awards and honors. Dr. KIRAKOSYAN is also experienced in project management and in automatization of business processes. 


Dr. KIRAKOSYAN holds BS, MS and Ph.D. degrees in Nuclear Physics from JINR (Russia). 




Ara PAPYAN works at AVV Mining as a Legal Counsel since its foundations. Ara started his legal career at the Court of First Instance of Lori Administrative Region of Armenia, where he worked for 3 months. From 2010 to 2012, Ara was Legal Counsel at Sagamar CJSC and was responsible for all legal transactions of the company with governmental organizations and international and national stakeholders. From June to September 2012 Ara worked at “REALAW A.P.M Partners Ltd (Cyprus)” in the position of trainee in the legal and financial departments.


Ara holds LL.M Degree from Academic International Institute, Moscow, Russian Federation, specialized in Civil Law and LL.M in International and European Economic and Business Law from The University of Lausanne, Switzerland. Ara is fluent in English, French and Russian languages.