18-05-2016
Lydian International Limited is pleased to announce it has disclosed an amended Environmental and Social Impact Assessment (“ESIA”) for its 100% owned Amulsar Gold Project. The amendments reflect project improvements realized from Lydian’ successful 2015 value engineering program (see Lydian’s news release, dated November 25, 2015).
05-05-2016
In the coming 2 years project construction capital expenditures will amount to some US$ 370 million. Till the end of this year some 800 jobs will be generated around the construction.
04-05-2016
Young specialists on their experience in Geoteam Company
22-12-2015
Mediamax’s interview with Howard Stevenson, President and CEO of Lydian International
01-10-2015
Matenadaran will work with new equipment.
Matenadaran, the Scientific Research Institute of Ancient Manuscripts, will hence carry out group tours with high quality radio guides. A total of 7 transmitters and 120 receivers will allow to simultaneously receive large touristic groups, providing the most comfortable conditions for visitors.
17-09-2015
In an article several months ago I highlighted the myths about mining industry in general. Today I want to focus on Amulsar specifically and separate myths from concerns. Many questions voiced have been addressed continuously for years by different means of communications and some of those constituencies that had valid concerns have been satisfied by the answers. By this said, I do not want to imply that there should not be any further questions. They are welcome and any further concerns will be addressed properly. However when the same unfounded claims, that received comprehensive answers, still continue to be circulated, they stop being concerns and turn into myths. During these years the myths were so many and they changed so rapidly that it is impossible to fit them all into one article. Some of them were gradually abandoned by the authors themselves. Some are still in circulation and I would like to highlight several of those.
07-09-2015
Plastic waste can cause serious environmental problems, as it does not decompose under natural conditions. Plastic garbage should be collected and isolated for the purpose of processing. Unfortunately, it is not a common practice in Armenia. However, in March 2015, with Geoteam CJSC’s support, a Project - “From Waste to Souvenir”- was launched in Jermuk, in secondary school named after Maxim Gorky.
26-08-2015
Interview with Geoteam CEO Hayk Aloyan
19-08-2015
On August 15, Prime Minister of Armenia Mr Hovik Abrahamyan, and U.S. Ambassador Richard M. Mills, Jr. visited Lydian International’s Amulsar project site. The Minister of Energy and Natural Resources Mr Yervand Zakharyan and the Governor of Vayots Dzor and the Mayor of Jermuk accompanied them. The Ambassador, Prime Minister, and Minister of Energy had the opportunity to tour the Amulsar Gold Project site with Mr. Hayk Aloyan, the General Manager of Geoteam CJSC, a fully owned subsidiary of Lydian International.
18-08-2015
Over 50 international and local scientists and expert organizations participated in this work of assessing potential environmental and social risks of the Amulsar project and offering solutions and mitigation measures. The ESIA was disclosed on May 27 and is available on Geoteam and Lydian websites.