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Armenia

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Article
18 May 2018

Armenia: Employees of Etchmiadzin Water Users Association protest over unpaid wages; some not paid for 2 years

Author: Hetq online (Armenia)

"Etchmiadzin Water Users Association Employees Demand Back Wages", 15 May 2018...

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Company response
16 March 2018

Response by Orion Mine Finance

Author: Orion Mine Finance

...As an investor in the mining sector, Orion Mine Finance (Orion) is committed to including ESG matters into its investment processes and ownership activities. As a condition of our investment, Orion has required that Lydian comply with EBRD and IFC...

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Article
5 March 2018

Armenia: Govt. fines Akhtala ore processing combine for air, water & land pollution

Author: EcoLur Network (Armenia)

"5 Million AMD Compensation for Recovery of Damage Caused to Environment by "Akhtala OPC" CJSC", 1 March 2018...

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Company response
22 February 2018

Response by Resource Capital Funds

Author: Resource Capital Funds

...RCF understands the inherent risks associated with mining and therefore proactively engages its portfolio companies regularly to ensure that strategies are in place to mitigate ESG-related risks and recognize opportunities. RCF monitors Amulsar’s...

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Company response
19 February 2018

Response by Lydian International

Author: Lydian International

...The Amulsar project has been subject to an extraordinary amount of compliance oversight and review to ensure it meets or exceeds best international practice. The Environmental and Social Impact Assessment (“ESIA”) has undergone ten iterations, over...

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Article
13 February 2018

About gold mine project in Amulsar presented by Lydian International

Author: Armenian Environmental Front (AEF) civil initiative

...The Bronozian Consultants have conducted a series of reviews of the Amulsar Gold Project in Armenia over the past eight months. The overall purpose of our work has been to provide a critical, detailed, and independent technical evaluation of the...

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Company non-response
13 February 2018

Amber Capital did not respond

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Report
13 February 2018

Amulsar Gold Project: Overview of Concerns with the Amulsar Gold Project, Potential Consequences, and Recommendations

Author: Blue Minerals Consultancy, Buka Environmental & Clear Coast Consulting

...The focus has been on the potential effects of the project on water resources, commonly the most critical and long-term environmental concern for large-scalemetal mines...The evaluation has found that the Amulsar Gold Project, as proposed, poses a...

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Story
13 February 2018

Armenia: Amulsar gold mine poses high risk of water contamination & adverse environmental impacts, say experts; inc. company & shareholders' responses

The report "Amulsar Gold Project: Overview of Concerns with the Amulsar Gold Project, Potential Consequences, and Recommendations" by independent experts argues the Amulsar gold mine project, owned by Lydian International, poses a high risk of long...

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Company non-response
13 February 2018

ASA Gold & Precious Metals Limited did not respond

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