Announcement

Collapse
No announcement yet.

Armenia's Union Of Greens: If Teghut Mine Developed "Dead Zone" To O

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Armenia's Union Of Greens: If Teghut Mine Developed "Dead Zone" To O

    ARMENIA'S UNION OF GREENS: IF TEGHUT MINE DEVELOPED "DEAD ZONE" TO OCCUR AROUND

    ARKA
    Nov 7, 2007

    YEREVAN, November 7. /ARKA/. If Teghut copper-molybdenum deposit
    is developed, all the adjacent territory will turn to a "dead zone",
    Chairman of Armenia's Union of Greens Hakob Sanasarian told journalists
    Tuesday.

    Sanasarian pointed out that the development of the mine will
    practically kill the environment, particularly will completely destroy
    the natural systems of water formation and water supply.

    "Particularly, Shokh River will suffer irreplaceable ecological
    damage as a result of emissions from the tailing dump of poisonous
    substances saturated with heavy metals fatal for human health,"
    Sanasarian said adding that it may cause outbreaks of many genetic
    diseases and stillbirth.

    According to Sanasarian, the operation of mine will also cause
    damage to 700 hectares of forest; it will be impossible to restore
    the forest, with plants incorporated in the Red Book, during 25 years
    of the operation of Teghut deposit.

    Sanasarian stressed the damage to be caused to flora and fauna by the
    huge production complex to be constructed in the territory. "Some
    populations may disappear not only in the region, but also in the
    adjacent area," he said.

    Earlier, a member of Armenia's Union of Greens, member of "Orinats
    Erkir" opposition parliament group, member of the parliament commission
    for social issues, healthcare and nature protection Gurgen Sargsian
    said that organizing closed development of Teghut deposit will allow
    reducing the environmental damage in Armenia by 18 times. He proposed,
    instead of development of new deposits, to modernize the existing
    mining enterprises for more complete processing of ore and also
    utilizing it for high technology production.

    In February 2001, "ACP" (Armenian Copper Program) Closed Joint Stock
    Company received a license for development of the deposit for 25 years.

    Investments of ACP in the project are to total $200-250mln, with
    about $50mln having been already invested.

    According to preliminary estimates, the production output of Teghut
    deposit in the first operational year is to total 12,000 tons of
    copper concentrate.

    The ore reserve of the deposit is about 400-450mln tons.

    "ACP" Closed Joint Stock Company, a member of Vallex Group, was
    founded in August 1997 on the basis of Alaverdy mining factory. The
    shareholders of the enterprise are Vallex F.M. Establishment
    (Lichtenstein) (80.74%) and the General Director of Armenian Copper
    Program Valery Mejlumian (19.26%).
Working...
X