In its stated principles, Dundee Precious Metals mentions that it has undertaken certain environmental obligations which stipulate environmentally friendly operational activities. However, the facts show that “Deno Gold Mining” does not fulfill its environmental obligations or either does so at an extreme minimum level. For example, the company’s Geghanush tailings dump has experienced a number of break downs[3]. According to studies, on November 15[4] and December 1 of 2012[5] considerable environmental damage was caused to the surrounding land and water resources (the damage was estimated respectively at 2.280 million AMD and 2,000,048 AMD).
In fact, residents of the community initially opposed the construction of the tailings dump[6]. However it was built, thus violating the right of residents to participate in a decision making process that would affect them.
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