Announcement

Collapse
No announcement yet.

Tukhmanuk mine again turns into an apple of discord

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

  • Tukhmanuk mine again turns into an apple of discord

    Tukhmanuk mine again turns into an apple of discord between
    environmentalists and Global Gold Mining Company

    arminfo
    Friday, January 25, 22:25

    The Public Environmental Alliance and the Union of the Greens of
    Armenia have sent an open letter to Global Gold Mining Company Van
    Krikoryan demanding suspension of GGM's activity in Armenia unless the
    economic damage caused by exploitation of Tukhmanuk mine is assessed
    and recompensed.

    The letter reads that Tukhmanuk mine is in the area of Aragatsotn
    region not far from the village of Melik. "Toxic waters from both the
    tailing dumps fall into the River of Getik and then into the Rivers of
    Kasakh, Hrazdan and Araz. So, exploitation of Tukhmanuk mine is
    dangerous not only for the village of Melik but also for the entire
    Ararat Valley. The tailing dumps contain heavy metals that penetrate
    into the agricultural products through the irrigation water. In
    addition, wind spreads waste through dust polluting pastures and
    agricultural lands," the authors of the letter say. They are concerned
    also over the company's plans to build a third tailing dump.

    For his part, Director of Global Gold Mining Armenia Ashot Poghosyan
    told ArmInfo that environmentalists make allegations against the
    company. He said that they are constantly monitoring the area of
    Tukhmanuk mine and the nearby areas with participation of independent
    experts. Speaking of the plans to build a third tailing dump,
    Poghosyan said that the given project is at the stage of examination
    so far. As it was reported, Global Gold Mining will come out with a
    special statement on the given letter. The copies of the open letter
    were addressed to Bryan Ardouny, Executive Director of Armenian
    Assembly of America, US Ambassador to Armenia John Heffern and ARFD
    Day Dat offices.

    GGM is a subsidiary of Global Gold Corporation (GGC), an international
    gold mining, development, and exploration company with mining
    properties in Armenia and Chile. We are committed to building
    shareholder value and maintaining our social and environmental
    responsibilities. Global Gold, incorporated in 1980, is a public
    company traded on the OTCBB in the US under the symbol GBGD. Based in
    Greenwich, Connecticut, Global Gold has offices in Yerevan, Armenia,
    and in Santiago, Chile. Its largest shareholders include Firebird
    Management (which holds approximately 20%), and Management holds
    approximately 57%. In Armenia GGC has concentrated efforts on survey
    and recovery of gold at Tukhmanuk gold bearing mine in the
    central-northern part of the country, on exploration and boring at
    Marjan gold bearing mine in Syunik, in the south-west of Armenia.

Working...
X