The Geoteam Company, which had received the right to operate Armenia’s Amulsar Gold Mine, is not attending Tuesday’s discussion being held in Jermuk city and entitled “Amulsar Gold Mine’s Impact on Jermuk Health Resort City.”  

“The Geoteam Company will not take part in today’s discussion, since it has not received a formal and a properly formed invitation. In addition, our company was included among the participants, but without prior notice,” the Company’s corresponding statement reads.     

The Amulsar Gold Mine is located 12 kilometers from Jermuk health resort city. And even though there are concerns that the operation of the Mine would jeopardize the future of the city, the Geoteam Company stated, on numerous occasions, that this will not create any environmental hazard.