ArmInfo. The Armenian government does not know what to do with the program for the development of the Amulsar gold mine. Armenian economist Ashot Tavadyan stated this on January 29 during the video bridge Moscow-Bishkek-Yerevan-Minsk-Nur-Sultan.
According to him, the country's executive body needs to decide on this issue as soon as possible, which is directly related to investment flows into the country.
In turn, Doctor of Economics Tatul Manaseryan urged not to politicize the problem, which is directly related to legal issues that require answers.
In particular, it is very important to establish the conditions for issuing permits for the development of the mine. As Manaseryan noted, in the opinion of international experts, the investor did not fulfill 5 requirements related to environmental risks. And there are many such gaps. "We need a prompt solution to this issue", the economist emphasized. To note, at present, due to the environmental movement and the position of the RA government, the construction of the Amulsar mine has been practically completely stopped, in which, according to various estimates, from 300 to 400 million US dollars have already been invested. The "Lydian Armenia" company, which is developing the moie, is trying to resolve this issue through various courts.
The Amulsar gold mine is the second largest in Armenia. According to the company, the mine contains about 73,733 kg of gold with an average grade of 0.78 g per tonne, as well as 294,367 tons of silver with an average grade of 9.29 g per tonne. It is located in the south-east of the country, 13 km from the resort town of Jermuk, between the rivers Arpa and Vorotan. Environmentalists and the public are concerned that the development of the mine may lead to the pollution of the mineral underground waters of Jermuk and Lake Sevan.
