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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 Nov 30, 2018 11:52am
61 Views
Post# 29045585

Protests at Amulsar Test the New Regime in Armenia

Protests at Amulsar Test the New Regime in Armenia

It is against this backdrop that Jermuk and the Vayots Dzor Province have become the unlikely heartland of protests which are proving a significant test to the populist credentials of Nikol Pashinyan and the new government. Whilst Armenia has long been prone to barely regulated mining by opaque multinationals, emboldened by the Velvet Revolution in May, locals in Vayots Dzor have been blocking access to the Amulsar site since mid-June 2018. Investors in the murky company behind the project are getting twitchy. With subsidiaries in eleven countries including the U.S. and Canada, numerous reports suggest that Lydian is threatening to sue the Armenian Government for breach of contract.
https://www.indrastra.com/2018/11/Protests-at-Amulsar-Test-New-Regime-in-Armenia-004-11-2018-0060.html
 

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