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Karine Danielyan: Incomes Of Copper-Molybdenum Deposit Cannot Be Com

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  • Karine Danielyan: Incomes Of Copper-Molybdenum Deposit Cannot Be Com

    KARINE DANIELYAN: INCOMES OF COPPER-MOLYBDENUM DEPOSIT CANNOT BE COMPARED WITH LOSS OF TEGHUT FOREST

    PanARMENIAN.Net
    July 28, 2010 - 16:42 AMT 11:42 GMT

    Armenian ex-minister of ecology, Chairperson of For Sustainable
    Human Development NGO Karine Danielyan said that incomes from mining
    of Teghut copper-molybdenum deposit cannot compensate the loss that
    Armenia will suffer in case of Teghut forest elimination. The deposit's
    development will assist Armenia's economy for five years, while we
    will never manage to restore the region's ecology, Danielyan told
    journalist during a protest action against deforestation of Teghut.

    According to her, instead of the deposit's development, canning plants
    can be reopened to create new jobs for local residents. She added that
    there are unique animals in the region, which are on the Red List,
    and they will disappear in case of Teghut deforestation.

    The protest action of activists against deforestation of Teghut was
    held on July 28 in front of the central office of VTB Bank (Armenia).

    The activists accuse the bank of allocating a $243mln loan to Armenian
    Copper Program aimed at Teghut deforestation for the development of
    Teghut copper-molybdenum deposit in Lori region.




    From: A. Papazian
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