Media logo

Environment

143 Posts
0 Followers
Eurasian Development Bank rejects loan for Amulsar mine operations
Armenia

Eurasian Development Bank rejects loan for Amulsar mine operations

Avatar

Armenian Economic Minister Gevorg Papoyan stated that discussions are ongoing with commercial banks in Armenia after the Eurasian Development Bank (EDB) rejected a loan to operate the Amulsar gold mine. This has led to speculation that the EDB’s decision was influenced by the results of the environmental assessment it commissioned as part of its final loan decision. Papoyan refrained from commenting on the reasons behind the EDB’s decision and instead noted that over the past few years, Armenia

Flags at the entrance to COP29’s Green Zone showing sponsorships by the renewable arm of Azerbaijan’s state-run oil company and a conglomerate owned by the family of the country’s first lady and vice president. Photo: Victor Swezey.
Azerbaijan

Fossil fuel deals raise alarms at Azerbaijan’s COP29 summit

V

Since being chosen to host the UN’s annual climate summit last year, the oil-rich country has provoked concern among observers and activists over potential conflicts of interest. As details emerge of Azerbaijan’s attempts to use COP29 to promote its oil and gas industries, some worry the legitimacy of the conference could be at risk. On the walk into the sprawling tent complex that hosts COP29, the UN flag whips in the wind next to another featuring the logo of SOCAR — the state-run oil com

Ministers from Azerbaijan and Georgia gather with European Union counterparts on the sidelines of the COP29 summit in Baku to discuss a green energy corridor across the Black Sea. Victor Swezey/OC Media.
Azerbaijan

Azerbaijan and Georgia discuss establishing a green energy pipeline to Europe at COP29

V

Energy officials from Azerbaijan and Georgia have held talks with their Hungarian and Romanian counterparts regarding a green energy pipeline connecting the South Caucasus and the EU. However, the project faces delays due to a lack of certainty over funding. Meeting on the sidelines of the COP29 summit in Baku, ministers from the four countries discussed their intention to lay hundreds of kilometres of fibre optic cable under the Black Sea for a project they say will promote both green transit

The Zestaponi Ferroalloy Plant in May 2014. Photo: Mariam Nikuradze/OC Media.
Chiatura Manganese Mines

Georgian Manganese to stop work at Chiatura mines and ferroalloy plant

Avatar

The Zestaponi Ferroalloy Plant and all manganese mines in Chiatura, both owned by the mining company Georgian Manganese, have temporarily stopped work until 1 March 2025. On Thursday, Georgian Manganese published a statement saying that until 1 March, a temporary management regime would operate at the Zestaponi Ferroalloy Plant. The plant is Georgia’s largest silicomanganese processing plant. Georgian Manganese is the largest mining and ferroalloy manufacturing company in Georgia, where

Protesters packing up to leave after camping out in front of Georgia’s parliament building for 43 days. Photo: Mariam Nikuradze/OC Media.
Chiatura Manganese Mines

Shukruti demonstrators leave Tbilisi after fruitless protest

Avatar

Residents of Shukruti protesting against Georgian Manganese have ended their protest in Tbilisi after two weeks of unsuccessful negotiations. The protesters had demanded an assessment by the National Forensics Bureau of their property, as well as to receive adequate compensation from the company for the destruction of their homes during mining operations under the village in Chiatura, western Georgia. One of the protesters, Tamuna Kupatadze, told OC Media that they could not agree with th

Residents of Shukruti hold banners during the protest in front of the Georgian parliament on 11 September. Photo: Tata Shoshiashvili/OC Media.
Chiatura Manganese Mines

Mining company files 30 new lawsuits against Shukruti residents

Avatar

Manganese mining company Magharoeli LLC has filed lawsuits against 30 residents in the village of Shukruti, demanding that the residents pay a total of ₾5.5 million ($2.1 million), as well as restricting their property rights.  The Shukruti residents’ lawyer,  Lado Kutateladze, told OC Media that they only found out about the lawsuits on Monday, adding that this latest series of cases aimed to pressure Shukruti residents to end their protest against mining operations under their village.

Editor‘s Picks