Lydian International is planning to embark on fresh legal action against Armenia after hitting a new roadblock on its path to building the massive Amulsar gold mine, in the country’s mountainous south. The move comes after the environment minister last week rejected the mining company’s application for a licence to draw 40 litres per second ... Lydian’s gold project in Armenia hits new roadblock
MINEX Forum | November 8, 2019 Lydian International is planning to embark on fresh legal action against Armenia after hitting a new roadblock on its path to building the massive Amulsar gold mine, in the country’s mountainous south. The move comes after the environment minister last week rejected the mining company’s application for a licence to draw 40 litres per second ... 
In a fierce dispute between mine owners and local people in Armenia, the UK has weighed in – on the side of the international mining company. -In 2018, Armenia underwent its “Velvet Revolution”, which saw a mass protest movement force a kleptocratic regime out of power -Armenia’s revolution has had other effects, such as blockades ... 
The government of Armenia published Wednesday the results of a long-awaited public audit on Lydian International’s (TSX:LYD) Amulsar gold project, which states there are no grounds for criminal proceedings against the company. The report paves the way for the company to move forward developing the controversial mine, illegally blocked since June last year by locals and environmental activists. Opponents to ... 
The CEO of gold developer Lydian International, Joao Carrelo, has resigned and will step down on June 12, as part of a restructuring programme for the company’s whose ability to continue as a going concern is dependent on a resolution with disputes in Armenia. Carrelo would continue to assist Lydian on a consulting basis going ... 
Lydian International Limited (TSX: LYD) (“Lydian” or “the Company”) is pleased to announce it has secured short-term access to its 100%-owned Amulsar Gold Project to undertake winterization and preservation work on process and mobile equipment. This work is being performed to reduce damage to equipment and help ensure an efficient restart of construction, mining, and ... 
Lydian International Limited (TSX:LYD) (“Lydian” or the “Company”) is pleased to announce that its senior lenders have agreed to extend the initial repayment date and the availability period from previously announced August 15, 2018 to August 31, 2018. Lydian continues to have further discussions with key stakeholders in order to complete comprehensive revisions to several ... 
It has been more than a month since Lydian International first reported that illegal road blockages are preventing access to the Amulsar site and the Canadian company has now issued termination notices to about 30% of its workforce, idled construction contractors and warned of more job cuts to pressure the Armenia government to intervene. Protestors ... 
Lydian International Limited (TSX:LYD) (“Lydian” or the “Company”) announced intermittent road blockages near its 100%-owned Amulsar Gold Project that have impacted recent construction activities. Following the change in the government of Armenia last month, demonstrations and road blockades have occurred sporadically throughout the country. These protests primarily targeted the mining sector, including the Amulsar project. ...