ArmInfo.Lydian Armenia has reviewed the report prepared by Earth Link & Advanced Resources Development on its audit of environmental aspects of the Amulsar Project, which was provided to the Government of Armenia on August 7, 2019. Lydian Armenia has responded to the recommendations contained in the report.
According to the statement spread by the company, Edward Sellers, Interim President & CEO of Lydian International, commented: "The Audit Report substantiated Lydian's prudential approach to environmental stewardship. Lydian's responses to the recommendations contained in the Audit Report speak for themselves, and Lydian has made its responses public so that fair minded people will be fully informed." Mr. Sellers continued: "Lydian's environmental practices meet or exceed all applicable international standards, and were fully evaluated and confirmed as part of the comprehensive assessment under which Lydian received its mining permits." "The Company provided every piece of information requested of it as part of the audit, and all information was consistent with that provided by or on behalf of the Company in support of prior environmental assessments and numerous audits. The information provided was more than sufficient for the authors of the Audit Report to form professional judgements consistent with those of other international experts who have previously considered the matters covered by the audit." Lydian operates in Armenia in accordance with its mining permits, which were granted based on a comprehensive Environmental Impact Assessment approval process. Nevertheless, Lydian's Amulsar Project has been subject to three full-scale environmental audits since July last year. Lydian has fully cooperated with all audits.
To recall, the Investigative Committee of Armenia on August 14 released the final expert report on the Amulsar mine, conducted by the expert group of the company (ELARD). According to its results, the probability of the impact of the polluted waters of the Amulsar mine on the sources of Jermuk is next to nothing, and the criminal case against the company has been terminated. Amulsar mine is the second largest gold reserve in Armenia. The deposit was transferred to the management of the international company Lydian International (through its subsidiary Lydian Armenia). Environmental activists claim that dust from the Amulsar Gold Mine can be dangerous for Jermuk and can reach Lake Sevan through groundwater. Opponents of the field development periodically organize rallies and protests. Earlier, world-famous musician, frontman of the cult rock band System of a Down, Serj Tankian joined the Save Amulsar campaign initiated by opponents of the development of the Amulsar gold mine saying that the United States together with Canada and Great Britain, are putting pressure on the Armenian authorities in the interests of the Lydian International mining company. whose subsidiary is developing Amulsar.
ArmInfo. Analysis of the expert opinion on the Amulsar project of the consulting company Earth link & Advanced Resources Development (ELARD) at this stage suggests that there are no grounds for criminal prosecution of anyone. Thus, the criminal case instituted more than a year ago is likely to be terminated.
ArmInfo.There is no reason to continue the prosecution of the Amulsar project. This was announced on August 14 during a press conference specially convened by the Investigative Committee of the Republic of Armenia, Yura Ivanyan, head of the Anti-Corruption Department of the Investigative Committee of the Republic of Armenia, referring to the expertise on the Amulsar project of the Earth link & Advanced Resources Development (ELARD) consulting company.
ArmInfo. In a criminal case being considered by the Investigative Department of the Investigative Committee of the Vayots Dzor Region on the facts of hooliganism, as well as the beating of three people, three residents of Jermuk were indicted.
ArmInfo. Information presented by various individuals in recent days that investigators and experts of the Investigative Committee (IC) of the Republic of Armenia visited the Amulsar Gold Mine on June 13 in cars owned by Lydian Armenia, aims to question both the multilateral investigation of this case and its objectivity and fullness. This is stated in the explanations of the Investigative Committee of the Republic of Armenia.