ArmInfo. The company of Lydian Armenia, which is engaged in the exploitation of the gold mine Amulsar, develops cooperation with the official dealer of the company Caterpillar in Armenia - the company Zeppelin. "We are acquiring a fleet specially designed for the operation of Amulsar, which is the largest contract in the history of Caterpillar," Hayk Aloyan, executive director of Lydian Armenia, told journalists on November 17. The total cost of the car fleet is estimated at $ 65 million.
According to Peter Nella, responsible for technical support of Lydian Armenia, today the fleet consists of an excavator, a conveyor, and loaders that can load cargo up to 180 tons and an area of 42 square meters, crushers, auxiliary machines, etc.
At the same time, he noted that for the training of personnel in the management of specialized equipment, the company acquired simulators that completely simulated the conditions when driving such a technique. The driver training course will cost the company about $ 20 thousand. Upon completion, drivers will receive a special license, which is used in the mining industry around the world. At the same time every six months for drivers is provided for retraining.
Taking into account the technical potential and progress of the construction works A.Aloyan noted that the company will start producing gold in the summer of 2018. According to him, the annual production will amount to 210 thousand ounces of gold or in value terms of about $ 250 million. Negotiations are already under way on the supply of gold-bearing ore mainly with European countries and the United States, he said.
In addition, it is worth noting that during the period from January to September of this year Lydian Armenia was included in the list of the largest taxpayers of Armenia, having taken the 19th position with the volume of paid taxes of 4 billion drams. "From next year, depending on the value of gold, the company's annual tax revenue to the state budget of Armenia will be around $ 40-50 million," he concluded.
Recall that LydianArmenia is a subsidiary of the British Lydian International, whose shareholders are large international institutional investors from the United States, Britain, a number of European countries, including IFC and EBRD. The Amulsar project is the largest for today in Armenia industrial project for the development of a gold ore deposit with a total value of $ 370 million. In August 2016 the project started. Preliminary work has been carried out since 2006. The life of the Amulsar deposit will be 10 years and 4 months, an annual average of 200,000 ounces of gold is planned (about 10 million tons of ore). Within the framework of the Amulsar program, 1,300 jobs will be created in the construction process (construction works will last about 2 years) and 650-700 jobs throughout the entire operation of the field. The company's shares are quoted on the Toronto Stock Exchange. Amulsar deposit is the second largest in Armenia. It should be noted that Zeppelin Armenia LLC (ZeppelinArmenia) is the official dealer of Caterpillar in Armenia since 2005. Zeppelin Armenia is part of the German concern Zeppelin GmbH, the world's largest Caterpillar dealer in Europe. The central office of LLC Zeppelin Armenia is located in the city of Abovyan. There is also a central warehouse and a major repair facility (CRC). Actively developing representative offices throughout the country, the company's branches are open at large mining deposits in Kajaran, Tekhut and Sotq.