Armenia: Winner of the 2019 EITI Chair Awards – EITI Paris Conference

The EITI Chair’s Awards recognize countries that have shown leadership, determination and resourcefulness in implementing the EITI. Chair of the EITI, Fredrik Reinfeldt, announced the winners of the 2019 EITI Chair’s Award at the opening session of the EITI Global Conference in Paris on 18 June. The three winners in 2019 were: Armenia, Colombia and Zambia “A newcomer to the EITI that has begun with … Continue reading Armenia: Winner of the 2019 EITI Chair Awards – EITI Paris Conference

After EITI – Paris 2019, Time to Move Forward!

“Worldwide, trust in government is under strain. A perceived lack of progress in tackling corruption, tax evasion and illicit financial flows are contributing to the rise of populism and economic nationalism. The impact of the oil, gas and mining industries is often a focal point of public concern and potential source of conflict. As a high-level forum on extractives governance, the EITI Global Conference provides … Continue reading After EITI – Paris 2019, Time to Move Forward!

Nature Photography Day – Lake Parz

Nature Photography Day rolls around every year on June 15. It’s a perfect excuse to get outside with your camera and celebrate the beauty of nature. As Develop Armenia, we choose an amazing photo of Lake Parz. Lake Parz (Armenian: Պարզ Լիճ) is a small lake located in the Dilijan National Park east of Dilijan – Tavush Province in Armenia. The lake was formed by … Continue reading Nature Photography Day – Lake Parz

EITI Armenia: From Publishing the 1st Report to Contribution on Public Debate

The Republic of Armenia publishes the first National EITI Report of Armenia, which represents the metal mining sector in Armenia in 2016-2017. The report was compiled by Ernst & Young CJSC, the Independent Administrator, and approved by the EITI MSG of Armenia. Armenia on February publicized its first EITI national Report. It is one of the most important results of activities toward the implementation of … Continue reading EITI Armenia: From Publishing the 1st Report to Contribution on Public Debate

“ELARD” Consultancy Company Selected To Examine Amulsar Project Risks

Lydian Armenia CJSC (“Lydian Armenia”) has received formal notification from the Investigative Committee of the Republic of Armenia that pursuant to the criminal investigation into alleged withholding of information by employees of the Ministry of Environmental Protection, an international consultancy group, Earth Link, and Advanced Resources Development (“ELARD”) has been selected to review all subject matter covered by Lydian’s EIA/ESIA, to determine the possibility of … Continue reading “ELARD” Consultancy Company Selected To Examine Amulsar Project Risks

First National Report of the EITI – Armenia

On January 30, the Government of Armenia in collaboration and with the support from the World Bank and Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) organized a Conference devoted to the First National Report of the Extractive Industries Transparency Initiative (EITI) of Armenia in the presence of Chairman of SRC, Davit Ananyan, UK Ambassador to the Republic of Armenia, Judith Farnworth, Deputy Head of EITI, Eddie … Continue reading First National Report of the EITI – Armenia

International Experts in Armenia to Assess Amulsar Gold Mine

  Armenia’s Ministry of Nature Protection reports that an international team of experts from the ELARD Group  have arrived in Armenia to conduct an independent survey of the controversial Amulsar gold mine. Amulsar opponents have halted construction at the mine site, and the Armenian government finds itself in a precarious legal position regarding the mine’s future. Activists opposing Amulsar gold mine over health concerns urge … Continue reading International Experts in Armenia to Assess Amulsar Gold Mine