A small group of miners gathered on Tuesday in front of the Mindeli mine shaft in the central Georgian town of Tkibuli demanding the administration of the company that owns the mine step down but insisting that operations should continue. Four died and six more were injured in an explosion in the mine on Monday. [Read more…]
Mining is one of the most important sectors of the Armenian economy; it has the largest share of exports constituting more than half the total value. On 9 March 2017, Armenia became a candidate country for the Extractive Industries Transparency Initiative (EITI). Candidacy means the country must undertake a series of reforms within a set timeframe to comply with standards of transparency and accountability.
GeoProMining is an international precious metals mining company. It was founded by Russian businessman Siman Povarenkin, with a local partner in Georgia, Koba Nakopia. The company has damaged environments in Georgia, Armenia, and Russia while mining gold and other precious metals.
Thanks to close contacts in local governments, the gold mining enterprise and its subsidiaries have never been seriously penalised. Local governments either don’t investigate major environmental pollution incidents or they don’t publish the investigation results.
The post-war recovery has been slow to come to eastern Abkhazia, particularly Tkuarchal District. More than 20 years have passed since the end of the Georgian–Abkhaz war, but so far, development in this part of the republic has remained all talk, and little substance.
Extraction of Gold and Copper by mining company RMG in southern Georgia is doing irreparable damage to the environment. Landscapes, forests, and entire ecosystems are being completely wiped out, but both the company and the government claim it is all a part of Georgia’s ‘sustainable development’. [Read more…]