Nikol Pashinyan again calls on demonstrators at Jermuk to open access to Amulsar mine

Nikol Pashinyan again calls on demonstrators at Jermuk to open access to Amulsar mine


Armenian Prime Minister Nikol Pashinyan again called on Amulsar's protectors to clear roads to the gold mine. Prime Minister voiced his call on January 25, during the press conference in Kapan.

"There can be legal problems because I suppose Lydian will apply for arbitration, and I still call today to clear the road, and I think the actions of our beloved compatriots are illogical because it is because of them that the issue has reached a dead end and there is no way out,” Nikol Pashinyan said.

"If Amulsar were developed, this year we would have had 7.5% economic growth, but much higher economic growth, jobs. But on the other hand, the Amulsar Mine should not be developed at the expense of Jermuk, the health of the neighboring villages, and the irreparable damage to Armenia's environment. Previously there were doubts, and now there are doubts that some circles are interested in this situation, which are doing everything to make things happen on the stock exchange so that they can get their existing shares, but they will lose their dreams because we will not allow to have such developments and minor processes,"the Prime Minister said.

It should be reminded that the citizens who have been fighting against Amulsar Gold Mine Development Project for about 1.5 years have kept the roads leading to the mine blocked. They demand that the government refuse to implement Amulsar project.

During that time, the Armenian government ordered an international expertise of Amulsar project, for which the Lebanese company Earth Link & Advanced Resources Development (ELARD) was paid about $ 450,000. ELARD identified a number of gaps and issues in Amulsar Project Environmental Impact Assessment (EIA) report.

Later it became known that on December 23, 2019, the Toronto Stock Exchange suspended the sale of ordinary shares of Lydian International Limited, and on February 5, 2020, the company will be delisted from the Toronto Stock Exchange. The company, for its part, said it had applied to a Canadian court for protection. Lydian also stated that it continues to exercise all rights to Amulsar project, whether or not listed on Toronto Stock Exchange.

January 26, 2020 at 11:59