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Introduction of cyanide leaching at the Chelopech gold and copper mine

Briefing | 19 May, 2008 | Download PDF

The Chelopech Mining project is separated in two parts: Phase 1 focusing on environmental improvements; and Phase 2 proposing the expansion of metals production through the introduction of cyanide leaching technology. EBRD approved a USD 10 million loan for Phase 1 in 2004. Phase 2 has been under review since 2005, and there has been no progress due to the blocking of the project by the Bulgarian Ministry for the Environment and Waters at the Environmental Impact Assessment (EIA) stage in March 2006.


EBRD water projects in Georgia

Briefing | 19 May, 2008 | Download PDF

Since Georgias independence in the early 1990s, due to financial constraints maintenance and repair works at most of the water utilities have been neglected. In order to improve the situation in the water sector, several Georgian city councils have approached the EBRD for financing. While some of the aims of the projects should be welcomed, the decision-making processes, implementation of the projects and the lack of public consultation has caused concerns about the outcomes of the projects.


Kaniv Pumped Storage Plant, Ukraine

Briefing | 19 May, 2008 | Download PDF

The EBRD continues to assert the need to increase power efficiency and to develop renewable energy sources. This is why NECU are not entirely clear about the apparent readiness of the EBRD to support a project which has so many weak points and is an integral part of the national strategy that includes measures which have been criticised by the EBRDs experts. The EBRD should be making efforts to help the Ukrainian government develop a power strategy which is much more effective. It should also support projects that aim to increase energy efficiency and the independence of the Ukrainian economy.


EBRD support for ArcelorMittal Temirtau is failing to stem pollution and accidents

Briefing | 19 May, 2008 | Download PDF

In 2007 the EBRD approved a USD 100 million loan for ArcelorMittal Temirtau (AMT), a metal and mining complex in the Karaganda region of Central Kazakhstan in order to support further improvements to Mittal Steel Temirtaus health and safety practices at its coal mines in Karaganda with the aim to bring them in line with international best practice.


Progress report on the ‘Gazela’ slum resettlement project – EBRD AGM Issue Paper 2008

Briefing | 17 May, 2008 | Download PDF

The Gazela Bridge over the Sava River in Belgrade, Serbia, is more than thirty years old. The bridge was projected for 30000 v/day, currently is servicing more than 150000 v/day. The bridge has never been repaired and urgently needs reparation. The EBRD approved Euro 25 million loan for the reconstruction of approaching roads to Gazela Bridge to the Public Enterprise Serbian Roads.