Рейтинг@Mail.ru
USD
384.03
EUR
443.29
RUB
4.795
GEL
142.29
Thursday, August 28, 2025
weather in
Yerevan
+25

Crushing and screening system in Sotk mine in Armenia operates in accordance with the legislation - “Geopromining Gold”

20.10.2011, 03:35
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.
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 “Оn 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.—0—