OSCE Minsk Group Co-Chair Matthew Bryza Responds to “Hetq”
As of September of this year, Tamaya Resources put a stop to the project to extract gold from the Lichkvaz and Terterasar mines. According to a statement released by the company the primary reason for the project’s termination were financial problems.
On December 26, the Court of Appeals upheld the verdict handed down by the Kentron and Nork Marash Court which sentenced Grigor Igityan to 4.5 years imprisonment on the charge of defrauding American-Armenian benefactors George and Carolann Najarian out of substantial amounts of property.
During his response to questions pertaining the Madrid Principles and the possible return of various territories, the Defense Minister declared that an end must be put to such rumors once and for all.
While giving an overview of the past year, Robert Falletta, General Manager of Deno Gold Mining Company (former Kapan Mining Combine) noted that the direction adopted by the company at the start of the year was designed to insure that the company operated at a profit and was in a position for a number of modifications to be realized.
During a Q & A with the "Syunyats Yerkir" newspaper, Sasoun Khachatryan, Executive Director of the "Vorotan Hydro-Electric Company" refuted rumors that the concern was to be either privatized or sold. "Our system of hydro-electric stations has great economic ...