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Lydian Armenia donates 12.5 per cent of its shares to Armenian government
Lydian Armenia, a company that has been granted license to develop the Amulsar gold mine in the country’s Vayots Dzor region, has
donated 12.5 per cent of its shares to the government.
28.12.2024, 14:09
Economy
Armenian Economy Minister shares plans to develop Amulsar gold mine after EDB withdraws from the project
Armenian Economy Minister Gevorg Papoyan shared today plans regarding the restart of the Amulsar gold mine after the Eurasian Development Bank (EDB) withdrew from the project.
12.12.2024, 17:22
Economy
Armenian government accepts donation of 12.5% of Lydian Armenia shares
The Armenian government today approved a decision on accepting as a gift 12.5% of shares of Lydian Armenia Company, operating the Amulsar gold mine.
18.01.2024, 11:35
Economy
Amulsar mine to produce first gold in 2024, says director of Lydian Armenia
Lydian Armenia, a company developing the Amulsar gold mine in Armenia's Vayots Dzor region, will produce first gold in 2024, the executive director of the company Hayk Aloyan said.
28.06.2023, 11:51
Economy
Development of Amulsar gold deposit will contribute to increasing security of Armenian resort town of Jermuk
The development of the Amulsar gold deposit will contribute to increasing the level of security of Armenian resort town of Jermuk, Lydian Armenia's Executive Director Hayk Aloyan said in an interview with the Public Television of Armenia on Wednesday after Armenian Economy Minister Vahan Kerobyan, Lydian Armenia company’s board member Jeffrey Coach, and a senior executive of the Kazakhstan-based Eurasian Development Bank (EDB signed a memorandum of understanding in Yerevan.
23.02.2023, 09:43
Economy
Armenia will get 12.5% of Lydian Armenia shares
The government of Armenia, the Eurasian Development Bank (EDB) and the Lydian Armenia company signed a Memorandum of Understanding in Yerevan on Wednesday, whereby the parties express their readiness to raise a total of $250 million to develop the Amulsar gold mine in Armenia’s Vayots Dzor province.
22.02.2023, 19:16
Business
Armenian PM and Lydian Armenia reps discuss situation around Amulsar gold mine
Armenian Prime Minister Nikol Pashinyan received on Wednesday Lydian Canada Ventures Board Member Jeffrey Coach and Lydian Armenia CEO Hayk Aloyan, the government press office said.
16.09.2020, 17:36
Business
Pashinyan discusses situation with Amulsar with Lydian International and representatives of Jermuk
Armenian Prime Minister Nikol Pashinyan hosted today Edward Sellers, interim president and CEO of Lydian International and Hayk Aloyan, CEO of Lydian Armenia company, the government said.
06.09.2019, 19:17
Society
ARF calls for referendum on Amulsar
The Armenian Revolutionary Federation/Dashnaktsutyun (ARF) part called today for holding a national referendum on the controversial Amulsar gold project.
21.08.2019, 16:31
Business
Investigative committee unveils concise conclusion on Amulsar project
Armenian Prime Minister Nikol Pashinyan placed on his Facebook page the concise conclusion of the Investigative Committee of Armenia regarding an independent environmental audit of Amulsar gold deposit made by a Lebanese environmental consultancy ELARD.
21.08.2019, 16:18
Business
Pashinyan explains why Lydian Armenia should proceed with Amulsar project
In a late August 19 night Facebook-live session, Armenian Prime Minister Nikol Pashinyan explained why his government would like to allow Canadian miner Lydian International to proceed with its contested Amulsar project in Armenia.
20.08.2019, 10:03
Business
Armenia's investigative committee says there are no grounds for criminal prosecution against Amulsar project
Toronto-based Lydian International Limited announced that the Special Investigative Committee of Armenia (ICA) released the report provided to it on August 7, 2019 on the environmental audit conducted by Earth Link & Advanced Resources Development on the Amulsar Project.
15.08.2019, 15:32
Business
Armenia’s administrative court rules to assure Lydian Armenia free passage to Amulsar deposit
Lydian International Limited, which had been granted the exclusive right to develop the Amulsar gold deposit in the southeastern Armenian province of Vayots Dzor, announced today that Armenia’s Administrative Court ruled in its favor instructing the Police to remove trespassers and their property from the company’s Amulsar project site and assure Lydian Armenia free passage to the deposit, Lydian Armenia reported.
12.04.2019, 19:30
Business
Armenian prosecutors launch criminal case against Lydian Armenia
Armenian prosecutors said they launched a criminal case against Lydian Armenia company for illegal mining that caused 18 million drams of damage (about $37,200).
30.08.2018, 12:43
Society
Armenian law-enforcers launch criminal case against environmentalists for threats to kill Lydian Armenian employees
Armenia’s National Security Service (NSS) detained July 6 two citizens, identified as A.B. and A.A. for threatening to kill employees of the Lydian Armenia company, developing the Amulsar gold mine in the southern province of Vayots Dzor and members of their families in an interview with 1in.am news agency.
11.07.2018, 15:55
Business
Armenian minister against development of Amulsar gold mine
Armenian Minister of Nature Protection Erik Grigoryan has endorsed today environmentalists and residents of several villages in Vayots Dzor province who are opposed strongly to development of Amulsar gold mine by Lydian Armenia Company.
10.07.2018, 17:43
Society
Lydian Armenia to invest $5 million in creation of Jermuk National Park
Lydian Armenia, a subsidiary of Lydian International Limited, developing the Amulsar gold deposit in Armenia, pledged to invest over $5 million in the next five years in the creation of Jermuk National Park.
12.12.2016, 19:01
Business
Lydian Armenia to channel Ameriabank $24 million loan into development of Amulsar
Lydian International Limited said its wholly owned Armenian operating subsidiary it has entered into a US$24 million secured credit facility with Ameriabank CJSC.
24.11.2016, 18:52
Business
Construction of Amulsar gold mine kicks off in Armenia
Armenian prime minister Hovik Abrahamyan traveled today to the southern province of Vayots Dzor to attend a ceremony marking the start of construction of the Amulsar gold mine.
19.08.2016, 19:31
Business
Lydian international to develop Amulsar Gold mine in Armenia
Simon Fraser, permanent undersecretary in the UK Foreign and Commonwealth Office, commended today in Yerevan Lydian International Company for its pledge to invest $400 million in Armenia’s mining industry. Lydian International will operate Amulsar gold deposit in Armenia.
11.03.2013, 21:22
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An educational conference entitled “Capital Markets: Preparation and Coordination” was held on Thursday in Yerevan, becoming the first event as part of a program designed to support the capital market in Armenia.
EBRD and EU jointly implement capital market support program in Armenia