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Crushing And Screening System In Sotk Mine In Armenia Operates In Ac

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  • Crushing And Screening System In Sotk Mine In Armenia Operates In Ac

    CRUSHING AND SCREENING SYSTEM IN SOTK MINE IN ARMENIA OPERATES IN ACCORDANCE WITH THE LEGISLATION - "GEOPROMINING GOLD"

    /ARKA/
    October 19, 2011
    YEREVAN

    YEREVAN, October 19. /ARKA/. Crushing and screening system in Sotk
    mine is already installed and is operating in accordance with the
    requirements of Armenian legislation, the company's department for
    press and public relations told ARKA News Agency.

    Armenian ecologists organized an action of protest near the President's
    Office on Wednesday in Armenia, announcing about illegality of
    installation of crushing and screening system in Sotk mine located
    near Lake Sevan by the company GeoProMining Gold.

    The company informs that according to the regulation of Armenian law
    "īn examination of the impact on the environment", in the mining
    industry expertise will envisage the following activities: ore mining
    and ore processing.

    "Under the current draft, LLC GeoProMining Gold implements ore mining
    works in Sotk mine. Installation of crushing equipment in the section
    gabbro (part of the mine) of Sotk mine is not a separate kind of
    planned activity, which is subject to a separate examination of impact
    on the environment, and is one of the processes of ore mining works",
    states the press-release.

    The company also noted that fragmentation of rocks and mines is
    envisaged by the project and the need for destruction and shredding
    the mountain massif with the purpose of further shipping and is
    applied from the beginning of the mine development.

    According to the Armenian law "On the provision of (Concession) subsoil
    for study and industrial production aiming at exploitation of mineral
    resources" "then: the law "On Concession"), special license for mining
    gives the licensor an exclusive right for implementation of extraction
    of minerals, and LLC GeoProMining Gold has a license for Sotk mine.

    In particular, the licensor has a right of access to the site of the
    subsoil and implementation of all necessary works envisaged by the
    project required for industrial production and study of minerals,
    construction works for the implementation of mining production of
    necessary buildings, facilities, communication lines, installation
    of equipment, transportation, mine processing, extracted in mining
    production and disposal of extracted minerals.

    In April 2011 at the request of the Government of Armenia, Ministry of
    Energy and Natural Resources has formed a commission were transferred
    to Gavar Aarhus center.

    GPM GOLD is developing Sotk gold mine and owns Ararat gold recovery
    plant .It is part of Russian GeoProMining group of companies.

    GeoProMining acquired 100% of Sterlite Gold Ltd from international
    Vedanta Resources in 2007 September. Sterlite Gold Ltd was the only
    owner of AGRC that was later renamed GPM GOLD.

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