Arskar Ltd., a company solely owned by Anastas Arsenyan, brother of Armenian MP Ashot Arsenyan, plans to operate an open-pit sand and gravel mine a mere 2.5 kilometers from the resort/spa town of Jermouk.
The company has already received an extracting license.
A draft evaluation of the mine’s impact on the surrounding environment has been presented to Armenia’s Ministry of Nature Protection.
While the draft notes that more than 220 animal species found in the area are listed in Armenia’s Red Book, the mine will not adversely affect the environment.
The draft also states that the open-pit mine falls outside the boundaries of the Jermouk Hydrological Reserve and thus will not endanger the town’s hot springs and mineral water.
A public hearing on the mine will be held at the Jermouk Municipality on June 24.