OTCPK:LYDIF - Post by User
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Ecolog67on May 25, 2018 1:36pm
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to take urgent and adequate measures to annul Amulsar mining
to take urgent and adequate measures to annul Amulsar mining Lydian Company has received its permissions with numerous violations of the environmental legislation, many of which are currently being disputed in court. Nevertheless, we can't wait forever, as the court litigation has been lasting over 3 years, while the construction works of the mining project are in progress at full swing.
In the process of issuing permits to Amulsar mining project the provisions of the international conventions ratified by Armenia have also been violated, and currently, the United Nations Economic Commission for Europe (UNECE) has a case opened on Amulsar.
International and anti-corruption organizations have also covered the violations underlying Amulsar mining and interrelated corruption risks
https://ecolur.org/en/news/amulsar/amulsar-mining-contradicts-jermuk-town-development-perspectives-jermuk-aldermens-council-positioning/10150/