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Lydian International Ltd T.LYD


Primary Symbol: LYDIF

Lydian International Ltd is a gold focused mineral development corporation engaged in exploring and developing precious metals assets located in Armenia and Georgia. Its main project is Amulsar Gold Project (Amulsar) in Armenia. It owns the Amulsar Project, through its wholly-owned subsidiary Lydian Resources Armenia. Amulsar is a compelling opportunity for a large scale, low cost operation utilizing open pit mining and conventional heap leach processing.


OTCPK:LYDIF - Post by User

Post by Aramayison Feb 06, 2018 3:04pm
57 Views
Post# 27513185

Discussing "Responsible mining" in Armenian Parliament

Discussing "Responsible mining" in Armenian Parliament

On February 2, 2018 one of the biggest Armenian mining companies, Vallex Group, announced about closing the Teghut Mine, a major copper and molybdenum open-pit mine in Armenia lounched in December, 2014. In the announcement it states also about discharge of 1200 employees. 
Today, in Armenian parliament was discussed the issues of so called "responsible mining", when mining companies devastate the Armenian natural resources and leaving the burden of elimination of consequences on the Government. It was mentioned that Amulsar project MUST BE STOPPED, to avoid the Teghut situation.

https://armtimes.com/hy/video/3303

 

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