Vahan Kerobyan: Transferring Amulsar`s shares to government was  solution acceptable to both parties at moment
 Tuesday, January 23 2024, 15:35

ArmInfo. The transfer of shares by the Lydian Armenia company, which operates the Amulsar mine, as a gift to the government of Armenia was the company's decision. Head of the economic department, Vahan Kerobyan, announced in an interview with Public Television.  "Taking the government as a partner is advisable for the company in the context of creating a more comfortable working environment; moreover, thanks to this step,  many risks will be leveled," the minister said.

Armenia`s government accepts 12.5% of the Lydian Armenia shares as  gift
 Thursday, January 18 2024, 12:37

ArmInfo.On January 18, Armenia's Cabinet approved a decision on the RA government accepting  12.5% of the Lydian Armenia shares as a gift.  

Vahan Kerobyan: Amulsar to start operating this year
 Monday, January 8 2024, 20:30

ArmInfo. The Amulsar mine will be operational this year.  Armenian Minister of Economy Vahan  Kerobyan stated  during a press conference on Monday.

EDB treats Amulsar project in Armenia very carefully and cautiously -  EDB official
 Thursday, December 14 2023, 11:17

ArmInfo.The Eurasian Development Bank (EDB) treats the Amulsar project in Armenia very  carefully and cautiously. Denis Ilyin, Deputy Chairman of the EDB Board, stated this on December 14 in Almaty, summing up the results of the Bank's year of activity.

Armenia`s government discusses relaunch of Amulsar project 
 Tuesday, June 6 2023, 19:02

ArmInfo.Armenia's Vice-Premier Mher Grigoryan held a meeting with Mr Jeffrey Couch, Lydian BOD  Member, Mr Hayk Aloyan, Executive Director of Lydian Armenia company, and Mr Justin Dibb, Chief Executive Officer, Allied Gold Corp. 

EDB is ready to support Amulsar mine development project - Podguzov
 Monday, May 15 2023, 12:53

ArmInfo.The Eurasian Development Bank is ready to support the project to develop the Amulsar gold  mone. On May 15, in Almaty, on the sidelines of a conference of investors-members of the Association of Development Financing Institutions in Asia and the Pacific (ADFIAP), Chairman of the EDB Nikolai Podguzov said in an interview with journalists, answering a question from ArmInfo.

$250mln investments in Amulsar nothing but a bubble - Environmental  Front
 Monday, May 8 2023, 11:33

ArmInfo. The Armenian Environmental Front initiative of volunteers and Green Armenia NGO  issued a statement, which reads: 

Minister of Economy: We cannot afford luxury of giving up economic  benefit of Amulsar project
 Wednesday, March 1 2023, 18:52

ArmInfo.Today, our country is facing such challenges that do not allow us to abandon the fulfillment of our international obligations, including the  abandonment of the high economic benefit from the exploitation of the Amulsar gold mine. RA Minister of Economy Vahan Kerobyan stated this  in an interview to the Public Television of Armenia.

Hayk Aloyan: Lydian Armenia to pay USD 75-100 million to state  treasury every year in form of taxes, duties and royalties
 Thursday, February 23 2023, 15:06

ArmInfo. Lydian Armenia will pay 75-100 million dollars to the state treasury every year in the form of taxes, duties and royalties. Hayk Aloyan Managing  Director of Lydian Armenia, which develops the Amulsar gold mine,  said in an interview with the Public Television of Armenia.

Amulsar mine to be re-operated - minister
 Wednesday, February 22 2023, 13:21

ArmInfo. The Amulsar gold mine will be re-operated, Armenia's Minister of Economy Vahan Kerobyan stated at a meeting of the Standing Committee on Economic  Affairs, Parliament of Armenia. 

RA Prime Minister: As for Amulsar, the RA Government`s priority is a  balanced approach
 Wednesday, September 16 2020, 18:24

ArmInfo. On September 16, Armenia's Prime Minister Nikol Pashinyan received Member of Lydian Canada Ventures Board of Directors Geoffrey Coach  and Managing  Director of Lydian Armenia Hayk Aloyan.

Lydian Armenia is ready for dialogue exclusively within the framework  of the law
 Tuesday, September 1 2020, 14:24

ArmInfo. Lydian Armenia is ready for dialogue exclusively within the framework of the law. The company reports, that from September 1 in the area of the Amulsar  field the security services changed due to the expiration of the  contract with the previous security service.

Tigran Avinyan: If the draft EIA for Amulsar does not meet the  criteria, then it should be declared invalid
 Wednesday, August 12 2020, 17:36

ArmInfo. If the draft EIA  (environmental impact assessment) for the Amulsar project does not  meet the criteria, then it should be declared invalid. Deputy Prime  Minister of the Republic of Armenia Tigran Avinyan stated this on  August 12 from the parliamentary rostrum.

EBRD completes its participation in Amulsar gold mine development  project
 Wednesday, August 12 2020, 17:33

ArmInfo.The European Bank for Reconstruction and Development (EBRD) today announced the  completion of its participation in the development of the Amulsar  gold mine, the construction of which has been blocked by  environmental activists and residents of nearby communities for about  two years.

EBRD representative believes government should decide on Amulsar  project
 Thursday, January 30 2020, 19:30

ArmInfo. Regarding the situation around Lydian Armnia, the government of Armenia must take its decision. This was stated by Dmitri Gvindadze, Head of the  Armenian office of the European Bank for Reconstruction and  Development (EBRD) at a press conference on January 30.

Shares of Lydian International to be delisted from Toronto Stock  Exchange on February 5
 Thursday, January 30 2020, 18:21

ArmInfo. On February 5, Lydian International shares will complete the delisting process and cease to be listed on the Toronto Stock Exchange. This is stated in  the official message of the company, received by ArmInfo.

Prime Minister: As long as the road to the Amulsar mine is closed,  the issue will not be resolved
 Saturday, January 25 2020, 15:39

ArmInfo. I urge the citizens of Armenia to open the road leading to the Amulsar mine. This was announced on January 25 at a press conference by Prime Minister of  Armenia Nikol Pashinyan.

Lydian Armenia paid over 930 000 USD to local communities
 Thursday, December 12 2019, 13:21

ArmInfo. Lydian Armenia has paid over 930 000 USD to local communities in land rent payments, the statement of the company received by ArmInfo reads.

Mining Industry as a Fanciful Game of Cats-and-Mice
 Monday, November 25 2019, 20:32

ArmInfo.Arminfo: “Let the people know the facts, and the country will be safe.” These words of Abraham Lincoln have become challenging for post-revolutionary Armenia more than ever. Such huge piles of political and economic “garbage” have accumulated in the country that its rakers , most likely, not keeping up with their own promises and even thoughts, begin to turn their backs on the astringent smell and stench coming from those. Whatever one may touch it breaks down or threatens to collapse the socio-economic structure built up over a quarter-century, which turned out to be worthless and a non-effective one.  

Nikol Pashinyan notes dangerous trends in ``demonization`` of the  mining industry
 Monday, September 16 2019, 17:25

ArmInfo. Prime Minister Nikol  Pashinyan is not enthusiastic about the mining industry, but the  tendency to demonize the sector is unacceptable to him. He stated  this on September 16 at a press conference in Vanadzor.



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