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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 Ecolog67on May 22, 2018 10:47am
88 Views
Post# 28063167

“The government and its citizens should stop Amulsar mine”

“The government and its citizens should stop Amulsar mine”

Their optimistic assumptions create environmental and economic vulnerabilities that put the financial viability of the mine and the health of the environment at great risk. The woefully inadequate financial assurance (only US$34 million) for a large-scale, high-risk mine operated by an inexperienced, financially-strained mining company risks premature abandonment and transfer of the financial and environmental liabilities from the company to international lenders and the Armenian people.
“The government of Armenia and its citizens should stop Amulsar mine”: international experts
See more: https://www.armecofront.net/en/amulsar-2/the-government-of-armenia-and-its-citizens-should-stop-amulsar-mine-international-experts/

 

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