INTERESTS OF GOLD MINERS AND LAKE SEVAN

Panorama.am
18:08 11/12/2008

Today in the frames of "The risks of Gold Mining for Lake Sevan"
round table meeting "Golden Mine for Sevan" film presentation has
been conducted, said Inga Zarafyan, the President of "Ecolur" NGO
to Panorama.am.

"It has been found out that "GeoProMining" company which is the owner
of Ararat Gold Recovery Company and Sotk mining plans to transfer
the production from Ararat to Sotk. In fact this is not a new idea,
as in 2005 "Vedanta Resources" Indian Organization had some plans on
this issue, but their project has been rejected by the Ministry of
Environmental Protection," said Zarafyan.

Currently the company has started its activities and Lake Sevan is
in danger.