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Lydian permitted to proceed with Amulsar gold project

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Global Mining Review,

Lydian International Limited has announced that during a live Facebook broadcast, Prime Minister Nikol Pashinyan, of the Republic of Armenia, stated that “the information we currently have at this moment is very clear, the exploitation of the mine does not harm the environment.”

The Prime Minister went on to state that Lydian would be permitted to proceed with the Amulsar project.

Edward Sellers, Interim President & CEO of Lydian, commented: “Thousands of Lydian supporters welcome final recognition from the Government of Armenia that there are no grounds for preventing Lydian from completing and operating the Amulsar project.”

“There are significant challenges ahead as Lydian moves to recover and rebuild its capacity to operate over the coming months, but we are looking forward to engaging with our stakeholders and positioning Lydian to be able to get back to work.”

Sellers continued: “Lydian has been fully transparent in its environmental and operating practices. Those practices meet or exceed all applicable international standards and were fully evaluated and confirmed as part of the comprehensive Environmental Impact Assessment under which Lydian received its mining permits.”

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