Gold Mining Produces Golden Pollution

GeoProMining is an international precious metals mining company. It was founded by Russian businessman Siman Povarenkin, with a local partner in Georgia, Koba Nakopia. The company has damaged environments in Georgia, Armenia and Russia while mining gold and other precious metals.
But thanks to close contacts in local governments, the gold mining enterprise and its subsidiaries have never been seriously penalized. Local governments either don’t investigate major environmental pollution incidents or they don’t publish the investigation results.

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Panama Papers

 

In November of 2005, Stanton Equities Corporation acquired shares of two Georgian gold and copper mining companies – 97.5% of Madneuli JSC and 50% of Kvartsiti Ltd. -- in a privatization deal.
Based on the information that was shared by The Georgia Ministry of Economy and according to the contract signed with Stanton Equities Corporation, the company was supposed to make investments and meet a number of conditions.

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Ambitious Young Man From Omsk Got What He Wanted

In Normandy in northwestern France, 10 minutes away from the famed Château Gabriel, there is a 19th century neo-gothic house decorated with wooden logs brought from Siberia. The vintage windows are yellow, blue and white, The floor and low tables are covered with blankets and carpets of colors matching with the windows. Kitchen shelves and ceramic tiles on the walls also have a multi-color design.

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Is the silence really golden?

GeoProMining is an international precious metals mining company. It was founded by Russian businessman Siman Povarenkin, with a local partner in Georgia, Koba Nakopia. The company has damaged environments in Georgia, Armenia and Russia while mining gold and other precious metals.

But thanks to close contacts in local governments, the gold mining enterprise and its subsidiaries have never been seriously penalized. Local governments either don’t investigate major environmental pollution incidents or they don’t publish the investigation results.

 

pollution

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