EcoLur
Human rights activists intend to settle the problem of Teghout mine exploitation at the court.
ISSUE OF TEGHOUT COPPER AND MOLYBDENUM DEPOSIT’S EXPLOITATION TO BE RAISED AT PACE SUMMER SESSION
ArmInfo
Zaruhi Postanjyan, a parliamentarian from Heritage opposition party, is going to raise the issue of exploitation of Tekhut copper and molybdenum deposit at PACE Summer Session. The parliamentarian expressed such an intention at Friday Club, Wednesday.
She fully shares the decision of Armenian ecologists to settle the problem at the court. 'Being aware of the imperfect judicial system in our country, we have hired the best lawyer', she said. The parliamentarian believes that negligence of violations of the legislation may lead to new violations, for instance, in development of uranium deposits. 'The government's approval of Tekhut project is a display of unserious attitude to Armenia's future', she said. Z. Postanjyan highlighted that the proceeds from exploitation of the deposit are miserable and will not make up even 1 percent of the budget.
So, the stress put on opening of 1500 jobs is not a convincing reason for development of Tekhut deposits. There are already 20 tailing dumps in Armenia and Tekhut deposit will be the largest one. Besides ecologic risks, this project will require big funds from the state budget every year, she said. As regards the $ 280 million credit the VTB Bank is going to provide to ACP for implementation of the project, such a step will negatively affect the bank's reputation, she said.
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June 08, 2009