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Articles by Amulsar Mine
Government downplays environmental concerns over Amulsar gold mine
The main events of the United Nations COP17 biodiversity conference have launched in Yerevan, with discussions scheduled through the end of next week focusing on international commitments to protect biodiversity. The Armenian government has denied serious environmental risks from extraction at the controversial Amulsar gold mine in the southern Vayots Dzor province. Armenia’s environmental activists and NGOs have protested the mine’s operations for years, citing risks of water contamination.
Government paves the way for takeover of Electric Networks of Armenia: THIS WEEK IN BUSINESS
Armenia’s controversial Amulsar gold mine officially launched operations, marking the end to years of delays over the project. It’s expected to generate $120-$130 million per year in taxes Drone strikes by Ukraine on multiple data centers used by Yandex, Russia’s largest technology company, led to disruptions to the company’s services across Armenia.
Amulsar expected to generate $120–130 million in annual taxes, government representative says
By Lia Avagyan Armenia’s Amulsar gold mine is expected to generate $120–130 million a year in taxes and royalties at current gold prices, the government’s representative at its operator said, as environmental activists renewed calls to halt the project. Gnel Sanosyan, a board member at Lydian Armenia representing the government’s 12.5 percent stake, gave the estimate in an interview published by Armenia’s Public TV on Tuesday evening. The figure excludes dividends payable to the state.
Civil society figures condemn opening of controversial gold mine
A group of 68 civil society figures, environmental activists and concerned citizens published a petition criticizing the launch of operations at the Amulsar gold mine in Armenia’s southern Vayots Dzor province.
Armenia’s Amulsar gold mine begins operation after years of delay
Armenia has begun operations at the controversial Amulsar gold mine after years of delays caused by environmental concerns and financing problems. Armenia’s ride-hailing market has been disrupted by outages at Yandex Taxi following Ukrainian strikes on the Russian tech company’s data centers.
Armenia officially launches Amulsar gold mine after years of delays
By Siranush Adamyan Armenia officially launched operations at the Amulsar gold mine on October 10, a decade after construction began on a project repeatedly delayed by environmental protests and financing setbacks. Prime Minister Nikol Pashinyan attended the opening near the spa town of Jermuk. Amulsar is Armenia’s second-largest gold deposit by volume, after Sotk.
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