Thursday, October 24 2024,
ArmInfo.The conclusion of the agreement on the donation of 12.5% of shares out of 100% of the shares of the Lydian Armenia company is postponed until December 30 of this year. The decision on this was made at a meeting of the RA government on October 24.
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Monday, January 8 2024,
ArmInfo. The Amulsar mine will be operational this year. Armenian Minister of Economy Vahan
Kerobyan stated during a press conference on Monday.
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Thursday, December 14 2023,
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.
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Monday, May 15 2023,
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.
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Wednesday, March 1 2023,
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.
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Thursday, February 23 2023,
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.
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Wednesday, February 22 2023,
ArmInfo. The development of the Amulsar mine will increase Armenia's GDP by 1%. On February 22, Minister of Economy of Armenia Vahan Kerobyan stated after the
signing ceremony of the tripartite memorandum of understanding
between the Armenian government, Eurasian Development Bank(EDB), and
"Lydian Armenia" company, which marked the resumption of the
Amulsar mine exploitation project.
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Wednesday, February 22 2023,
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.
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Friday, October 7 2022,
ArmInfo. Armenia's Minister of Economy Vahan Kerobyan hopes that the measures taken by the government to restore the volume of mining will be successful. The
Minister stated this in an interview with Civil Net.
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Wednesday, August 12 2020,
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.
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Wednesday, August 12 2020,
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.
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Thursday, January 30 2020,
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.
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Thursday, January 30 2020,
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.
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Thursday, January 16 2020,
ArmInfo. Rating-Agentur Expert RA confirmed the
sovereign government credit rating (SGC) of Armenia at 'BB-'
(Sufficient level of creditworthiness of the government) in national
currency and at 'BB-' (Sufficient level of creditworthiness of the
government) in foreign currency.
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