| Mineweb.com released apology letter |
Well known website for miners The mineweb.com released apology letter saying that recent allegations against JSC Madneuli posted on mineweb.com are untrue.
Here is the full text released on mineweb.com:
Between August and the end of October 2007 we posted a series of articles concerning the Georgian mining company Madneuli and its acquisition of Zod goldmine in Armenia. Those articles published allegations concerning Mr Generalov and Industrial Investors, a private equity group headed by Mr Generalov.
We accept that those allegations are completely untrue and that Mr Generalov and Industrial Investors have a high reputation in the UK, Russia and elsewhere. We further accept that their involvement with Madneuli was undertaken in a straightforward manner and in good faith. We sincerely apologise to Mr Generalov and Industrial Investors for the embarrassment and damage to their reputation that our articles have caused.
We are making a substantial payment to a charity of Mr Generalov's choice in compensation.
source: http://www.mineweb.com/mineweb/view/mineweb/en/page58?oid=56407&sn=detail
Here is the full text released on mineweb.com:
Between August and the end of October 2007 we posted a series of articles concerning the Georgian mining company Madneuli and its acquisition of Zod goldmine in Armenia. Those articles published allegations concerning Mr Generalov and Industrial Investors, a private equity group headed by Mr Generalov.
We accept that those allegations are completely untrue and that Mr Generalov and Industrial Investors have a high reputation in the UK, Russia and elsewhere. We further accept that their involvement with Madneuli was undertaken in a straightforward manner and in good faith. We sincerely apologise to Mr Generalov and Industrial Investors for the embarrassment and damage to their reputation that our articles have caused.
We are making a substantial payment to a charity of Mr Generalov's choice in compensation.
source: http://www.mineweb.com/mineweb/view/mineweb/en/page58?oid=56407&sn=detail
PRESS ROOM
2009-02-05 05:06:05
February 5, 2009, Giorgi Devadze was named as the General Director of JSC Madneuli.
2008-09-17 05:06:05
Great rock singer Bryan Adams sang for peace in Tbilisi on 19 September, 2008. Madneuli, Quartzite, Georpomining Group sponsored this charity event.
2008-07-20 04:06:05
Well known website for miners The mineweb.com released apology letter saying that recent allegations against JSC Madneuli posted on mineweb.com are untrue.
Well known website for miners The mineweb.com released apology letter saying that recent allegations against JSC Madneuli posted on mineweb.com are untrue.
