21.2 C
Supported byspot_img

Another Company Targets Armenia’s Arevik National Park for Mining

Member of Europium Groupspot_img
Supported byspot_img

Nig Mining LLC has filed a permit to launch exploratory operations at the Taghamir gold mine site in the south of Armenia, located 16 kilometers from the town of Meghri.

The company wants to explore two sections of the mine site – one measuring 124 hectares, the other, 166 hectares – in the upper reaches of the Meghri River.

79 hectares are in the Arevik National Park.

Supported by

The company, which plans to spend AMD 720 million in the next three years, claims it will not conduct exploratory work in or near the park.

Nig Mining has gotten the green light to carry out exploratory operations at the Khdebantsi mine site, which is also near Arevik National Park in Syunik Province.

The company claims that the exploratory work at Khdebatsi, to be carried out in 2018-2020, will not negatively impact the flora and fauna of the park.

Nig Mining, founded in July 2017, is owned by Vardges Aslanyan, a 24-year-old registered as residing in the Armavir village of Voskehat.

Two other companies have targeted lands adjacent to Arevik National Park for future mining.

One is Nariprof, owned by Davit Setrakyan, deputy chairman of Armenia’s Real Estate Cadastre and son of MP Mher Setrakyan. Nariprof wants to explore the Nrnadzor copper-gold mine.

AD-Metals, owned by former prime ministerial adviser Hamlet Hovsepyan and his Russian partners, has its sights on the Meghrasar gold and copper mine.

A public hearing on the Nig Mining project is scheduled for May 7 at the Meghri Municipality.

Source: hetq.am

Supported byElevatePR Digital

Related News

Lithium from Lopare to be supplied to “Mercedes”

The Swiss joint-stock company ARCORE AG, which has identified significant quantities of lithium carbonate, magnesium, potassium, and boron through exploration in the Lopare municipality,...

International Graphite Ltd advances key projects in Western Australia with Springdale drilling and Collie processing

International Graphite Ltd is making significant strides in advancing its graphite processing operations in Western Australia. The company is currently conducting a 10-hole diamond...

Uzbekistan’s bold move: Ambitious push to lead global rare earth mining

Uzbekistan's President Shavkat Mirziyoyev has underscored the importance of developing the country's rare-earth mining sector, positioning it as a top priority for his administration...

Breakthrough discovery: Europe’s largest rare earth deposit found in Norway

Rare earth elements (REEs) are a group of 17 chemical elements comprising Scandium, Yttrium and the 15 lanthanides, including notable elements such as Neodymium,...
Supported by
Supported by
Supported by
error: Content is protected !!