previous page

News

A New Project in Jermuk
A New Project in Jermuk 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.
Why Geoteam Invests into Social Projects before Seeing Profit?
Why Geoteam Invests into Social Projects before Seeing Profit? 26-08-2015 Interview with Geoteam CEO Hayk Aloyan
Prime Minister of Armenia and US Ambassador visited Amulsar
Prime Minister of Armenia and US Ambassador visited Amulsar 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.
Amulsar: Questions and Answers
Amulsar: Questions and Answers 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.
Question asked: Are Geoteam ESIA public consultations open for all stakeholders?
Question asked: Are Geoteam ESIA public consultations open for all stakeholders? 18-08-2015 Geoteam, a fully owned subsidiary of Lydian International Ltd. is pleased to announce that it held a successful series of public consultation and disclosure events on the ESIA in the Amulsar-adjacent communities of Gorayk, Saravan, and Gndevaz, as well as in the town of Jermuk. The consultations were well attended and provided an opportunity for a constructive dialogue. Additional focus group meetings will take place as required by local residents.
Myths and Reality about Mining
Myths and Reality about Mining 26-05-2015 As an environmental management professional with 14 years of experience I know environmental issues of Armenia from A to Z. As a citizen of Armenia I share many of the concerns expressed by active citizens, including those concerns around but not limited to mining industry. However, I also know that mining can be done differently.
In response to the questions addressed to Geoteam
In response to the questions addressed to Geoteam 01-04-2015 During the last 8 years Geoteam CJSC has held 11 public hearings and more than 170 meetings with the communities. Taking into consideration the fact that the Amulsar mine is not being operated yet, the number of such community meetings is unprecedented. During these 8 years representatives of the affected communities have been provided with the details of the Project, issues have been discussed and responses given to any question raised. We have achieved an atomosphere of mutual trust and continuous open communication with the communities.
Carl Nicholas: The standards for Amulsar project are in line with industry best practice
Carl Nicholas: The standards for Amulsar project are in line with industry best practice 16-03-2015 Lydian International and its subsidiary in Armenia Geoteam CJSC have been long speaking about the possibility to change the perception of mining industry in Armenia by introducing modern technologies as well as modern environmental management to its Amulsar Gold project. We talked to an independent consultant for the Amulsar project, MSc in Environmental Diagnosis (Imperial College of London), Carl Nicholas about modern mining in the world as well as to the Senior Manager on Sustainability of Geoteam, Doctor of Engineering in Geo-Ecology, Armen Stepanyan about how the company is going to address the concerns of some stakeholders.
Douglas Tobler: “Amulsar project will bring new technology and a world-class modern mining operation”
Douglas Tobler: “Amulsar project will bring new technology and a world-class modern mining operation” 21-02-2015 Scotia Capital Inc. is a renowned Canadian-based financial institution that recently lead a syndicate of banks to successful raise C$16.5 million for Lydian International. Other participating Canadian banks included GMP Securities L.P., BMO Nesbitt Burns Inc. and National Bank Financial Inc. These banks are among the global leaders in providing mining finance. Attracting interest from these banks and the ultimate investors that purchased the shares issued by Lydian could be viewed as an important reflection of interest towards Armenia. Lydian International CFO Douglas Tobler answered several questions around project financing.
Howard Stevenson: “Success of Amulsar will eventually translate into the success of Armenia”
Howard Stevenson: “Success of Amulsar will eventually translate into the success of Armenia” 15-12-2014 Mediamax’s interview with Howard Stevenson, President and CEO of Lydian International

/index.php?m=news&lang=eng&onp=11&slim=10