Residents of North Ossetia’s capital Vladikavkaz have long sounded the alarm at the environmental condition of their city. Many blame Electrozinc, a metallurgical plant located inside the city. But there is another side of the coin, and for the factory’s 2,000 employees, their very livelihoods depend on the plant. [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.