News

Jermuk Vs. Amoulsar Project
March 16, 2012 at 20:12 | Mining | Vayots dzor
Jermuk Mayor Vardan Hovhannisyan noted that all kinds of productions in the radius of 50 km, which may disturb resort development, are closed down. 'But here we have a mine, which directly contradicts to the resort interests. The composition of Jermuk water is unique
The Government Adopted Contradicting Decision on HPP Construction in Jermuk
March 16, 2012 at 14:05 | Officials | Vayots dzor
On March 15 the government adopted a decision to lower the category of 0.15 ha land areas for the construction of a small HPP in Jermuk. Meanwhile the government ignored its earlier decision – N 1064 dated on 28 September 2008 'On Recognizing Jermuk Tourism Center', in accordance
Jermuk Development Center Reply to Geoteam Company
March 14, 2012 at 15:10 | Mining | Vayots dzor
Jermuk Development Center stated that Geoteam Company circulated misinformation through Mediamax NA (read Geoteam press release published earlier). The company
Armenian gold mine’s issue is being discussed
March 13, 2012 at 14:25 | Officials | Vayots dzor
The Geoteam Company, which had received the right to operate Armenia’s Amulsar Gold Mine, is not attending Tuesday’s discussion being held in Jermuk city
Jermuk More Valuable than Gold
February 16, 2012 at 11:53 | Mining | Vayots dzor
It turns out if to compare tourism in Jermuk and Amoulsar gold mine development in Amoulsar, they are almost equal in economic viewpoint. Nevertheless, Jermuk is a more long-term (even eternal) program, while Amoulsar is short–term
“Amulsar” will rank among Armenia’s top 3 largest taxpayers
February 15, 2012 at 13:22 | Mining | Syunik | Vayots dzor
The deposit is situated adjacent to the Armenia-Iran highway and maybe that was the reason why it hadn’t been discovered before: hundreds of geologists traveled on this road every year didn’t even suspecting there might be a mine in the neighborhood
Oops!
January 27, 2012 at 12:48 | Waste | Vayots dzor
The 'Yerkir' found out that the garbage dump of Jermuk and Kechout settlements was set up in the territory near to Dali River flowing through Dali Gorge 10 years ago. It should be mentioned that waters flowing along the dumpsite flow into
Jermuk Mine Won’t Make Tourist “Afraid”
January 24, 2012 at 16:16 | Officials | Vayots dzor
On January 24 Economy Minister of Armenia Tigran Davtyan referred to the concerns raised around the gold mine to be developed by “Geoteam” Company in the surroundings of Jermuk Town and said the mine with its operation won’t be an obstacle to Jermuk