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#LYDIAN ARMENIA
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
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
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 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
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
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Popular
Reforms aimed at diversifying exports, improving the business environment, strengthening governance, and advancing climate policy implementation are crucial for boosting economic resilience and increasing potential growth, said IMF Deputy Managing Director and Acting Chairman Bo Li.
IMF outlines measures to boost Armenia's economic resilience and growth
