Lydian International Ltd. is pleased to announce the results of an updated 43-101 Feasibility Study for its 100%-owned Amulsar Project in south-central Armenia. The results of the updated Feasibility Study show an increase in reserves from 102.6 million tonnes to 119.3 million tonnes to incorporate additional measured and indicated resources, and [...]
Prime Minister Pashinyan Stated There is No Legal Basis to Prevent Lydian From Advancing the Amulsar Project in Accordance with its Existing Environmental Impact Assessment Mining and Environmental Inspection Body to Conduct Inspection to Ensure Compliance with Permits and EIA Lydian Agrees to Establish Participatory Environmental Monitoring [...]
Lydian International Ltd. expressed deep disappointment today with comments made by Earth Link & Advanced Resources Development on a Skype conference call hosted by the Government of Armenia on August 29th to discuss an environmental audit of Lydian’s Amulsar Project and related environmental impact assessments. During the conference call [...]
Lydian International Ltd. confirmed today that Prime Minister Nikol Pashinyan of the Republic of Armenia stated in a post to social media that he asked the Ministry of Environment on August 21, 2019 to review a report from the Special Investigative Committee of the Republic of Armenia relating to the Amulsar Project . The SIC Report reviews [...]
Lydian International Ltd. announced today that during a live Facebook broadcast, Prime Minister Nikol Pashinyan, of the Republic of Armenia, stated that “The information we currently have at this moment is very clear, the exploitation of the mine does not harm the environment.” The Prime Minister went on to state that Lydian would be [...]
Lydian International Ltd. announced today that it has provided the Special Investigative Committee of the Republic of Armenia with responses to the recommendations contained in the report prepared by Earth Link & Advanced Resources Development on its audit of environmental aspects of the Amulsar Project . Copies of the Audit Report are available in [...]
Lydian International Ltd. announced it was informed today that on July 18, 2019 the Republic of Armenia Cassation Court declined an appeal submitted by the Deputy Prosecutor General of the Republic of Armenia from court orders requiring authorities to initiate criminal investigations in respect of the actions of the protesters that had set up [...]
Lydian International Ltd. announced today that the Special Investigative Committee of the Republic of Armenia has released the report provided to the SIC on August 7, 2019 on the environmental audit conducted by Earth Link & Advanced Resources Development on the Amulsar Project . Copies of the Audit Report are available in English and Armenian at [...]
Lydian International Ltd. announced today its results for the three and six months ended June 30, 2019. All dollar amounts referenced in this news release are, unless otherwise indicated, in United States dollars. Second Quarter 2019 and recent developments include: Illegal Blockades – The blockades continue at Lydian’s Amulsar Gold [...]
Lydian International Ltd. announced today that the Government of Armenia has indicated during a regularly scheduled, televised Cabinet session, chaired by Prime Minister Nikol Pashinyan, that the current environmental audit of the Amulsar project has been concluded. The Head of the Special Investigative Committee of the Republic of Armenia , the [...]
Lydian International Ltd. announced that the Company has entered into a second amended and restated forbearance agreement with its senior lenders, stream financing providers and equipment financiers pursuant to which they have agreed to: continue to temporarily suspend all principal and interest payments due and payable; and continue to forbear [...]
Lydian International Ltd. announced today that trespassers and their property remain on the Company’s Amulsar Project site despite prior Court rulings. The Administrative Court of Armenia has ordered the Police to remove trespassers and their property from the Company’s Amulsar Project site. The Court’s decision was to be enforced [...]
