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GeoProMining Company Told Ecologists Construction Of A New Enrichmen

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  • GeoProMining Company Told Ecologists Construction Of A New Enrichmen


    2008-09-01 13:44:00

    ArmInfo. GeoProMining company has assured Armenian ecologists that
    construction of a new enrichment plant near the Sotk gold deposit is
    "economically necessary".

    Director of GeoProMinisg Dmitriy Kalandadze said the company is ready
    to transfer a part of production process to the Sevan bassin region. He
    may probably forgot that such kind of activity is forbidden by the
    law "On Sevan". Construction of such a plant may seriously damage
    the lake and only financial benefit is his only goal. Kalandadze said
    that at present the company loses $500 thsd monthly and added when GPM
    bought the deposit in Armenia it had a plan to build a new plant. 'Our
    company has no future without it', - Kalandadze said. He also said
    he cannot build a plant in Ararat as it will be difficult to ship
    gold-bearing ore since traffic capacity of the railway does not give
    them an opportunity of getting 1000 tonnes of ore daily. 'It turns
    out that except $300 mln for construction of a new tailings storage
    facility and a new plant in Ararat the GPM should invest $140 mln for
    repairing of this sector of the railway. Thus, it is not profitable
    for us to invest construction of the plant in Ararat and Gagarino>,
    - Kalandadze said.

    He also added that GPM bought deposits in Armenia not "to deal with
    humanitarian activity, only protecting nature and paying salary>. 'The
    company should earn money!', - he said. Kalandadze nevertheless
    assured ecologists that the plant in Sotk will not be built without
    their permission. He also said that the company is ready to invest
    tens of millions dollars in nature protection actions and to build
    a new tailings storage facility in Ararat in which the world known
    company Fraser Alexander will take part.

    , Inga Zarafyan, President of public organization told ArmInfo
    commenting on the meeting results. great threat to Lake Sevan One
    should not forget that it is catch basin for the whole Caucasus. In
    addition, rivers and underground sources are formed there. We have
    no right to risk', she said.

    Karine Danielyan, Chairwoman of the Association 'For Sustainable
    Development', shares her opinion. 'We are against the attempts to
    revise the Law on Sevan. Such idea was already made in the parliament
    when they discussed the possible increase in water release from
    Sevan. I am afraid these will be two changes: permission to ore
    processing in Sevan basin and revision of the minimum level necessary
    for the lake to restore its ecological balance (the law stipulated
    for 1903.5 m above sea level)', she said. K. Danielyan underlined that
    'economic' arguments of D. Kalanadze may be fair, however, environment
    aspects may be in the focus of attention. 'A compromise should be
    found. We cannot cede the lake for economic benefit', she said.