RAEX-Europe confirmed Armenia`s ratings at `BB-` with outlook  "Positive"
 Thursday, January 16 2020, 14:53

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.

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.

Minister: It`s early to talk about the future of the field until  preliminary examination of Amulsar is published
 Friday, June 7 2019, 18:56

ArmInfo. Until there is no preliminary examination of Amulsar, it's early to talk about the  future of the field. The Minister of Economy Tigran Khachatryan told  journalists on June 7.

US ambassador on situation around Amulsar: In such disputes, it is  important to quickly and effectively find a solution
 Wednesday, May 15 2019, 17:26

ArmInfo.It is very important to work with the Government of Armenia to create a favorable, predictable and transparent environment for business and investment  in the country. On May 15 in Yerevan in a conversation with  journalists the US Ambassador to the RA Lynne Tracy stated about the  situation around the Amulsar gold mine.

Former head of the Ministry of Finance: with Lydian may cost much to Armenia
 Wednesday, April 10 2019, 17:52

ArmInfo. with the Lydian mining company, which operates the Amulsarskoye field, may adversely affect the overall investment image of Armenia and the plans for issuing new Eurobonds in 2020. In an interview with ArmInfo, former Minister of Finance of Armenia Vardan Aramyan stated this opinion

Armenian Prime Minister urges not to fear the possibility of Lydian  applying to international arbitration
 Thursday, March 28 2019, 11:19

ArmInfo. Armenian Prime  Minister Nikol Pashinyan, speaking in the parliament on March 28,  urged not to fear the possibility of Lydian applying to international  arbitration in connection with the problems encountered during the  operation of the Amulsar gold mine.  

In 2018, Lydian paid $ 920,883 to the communities adjacent to the  Amulsar project
 Thursday, December 20 2018, 18:44

ArmInfo. Despite the fact  that because of 6-month illegal blockade of roads to the Amulsar  deposit, the program has been actually suspended, Lydian continues to  pay properly to the community budgets the rent fees for land plots  used for infrastructure under the Amulsar project.

Deputy Minister: Application of EITI standards will solve many  problems of mining industry in Armenia
 Wednesday, December 5 2018, 15:38

ArmInfo.The mining industry in Armenia today has faced many problems, and participation in the Extractive Industries Transparency Initiative (EITI) will solve many  issues, Acting Deputy Minister of Energy Infrastructures and Natural  Resources of Armenia Vardan Gevorgyan told ArmInfo correspondent on  December 5, on the sidelines of a meeting of the multilateral group  on the implementation of EITI standards in the country.

Lydian got the opportunity to conduct preparatory activities in  Amulsar ahead of winter 
 Thursday, November 29 2018, 13:11

ArmInfo. Lydian Armenia reports that it has received temporary access to the Amulsar gold  mine for preparatory work and preservation of technological and mobile equipment for the winter period. This is the press service of the company.

Tigran Khachatryan: I am sure that decisions on Amulsar will be  unambiguous
 Wednesday, October 31 2018, 21:31

ArmInfo.All decisions and legal opinions relating to the Amulsar gold deposit will be made in accordance with all legal requirements. On October 31, during a press  conference, he told reporters. Minister of Economic Development and  Investments of the Republic of Armenia Tigran Khachatryan.

AmCham: We consider it of utmost importance to ensure that premature  statements do not send controversial messages to the market
 Friday, September 28 2018, 17:05

ArmInfo. The American Chamber of Commerces in Armenia (AmCham) made a statement in which it welcomed the Government's announced commitment to promote responsible practices and international standards in the mining sector in  Armenia. 

Nikol Pashinyan discussed with the leadership of "Lidian  International" the situation around the Amulsar deposit
 Saturday, September 15 2018, 11:04

ArmInfo. Prime Minister Nikol Pashinyan, who is on a working visit to France, held a meeting in Paris yesterday with the chairman of the Board of Directors of  Lydian International, Gordon Wile and member of the board, Julian Davidson.

 Wednesday, September 12 2018, 18:18

ArmInfo.

Results of the study on Amulsar deposit to be published in the near  future
 Tuesday, August 7 2018, 19:10

ArmInfo. "The inspection body  completed its study on the Amulsar deposit and will publish its  results soon," Armenian Deputy Prime Minister Tigran Avinyan said in  a live broadcast by Azatutyun.TV.

 Friday, August 3 2018, 20:39

ArmInfo.

Vice Prime Minister: Lydian Armenia`s latest statement requires  objective and consistent research
 Friday, July 27 2018, 19:09

ArmInfo.  The last message of  the company Lydian Armenia requires an objective and consistent  investigation. Vice Premier of Armenia Tigran Avinyan made a  statement on the popular Lydian Armenia video. This was reported by  the press service of the government.

Prime Minister: If Amulsar issue was initiated under my rule - I  would not allow the start of project
 Monday, July 16 2018, 16:07

ArmInfo. "If the Amulsar issue were initiated under my rule, I would not allow the start of the project," Prime Minister of Armenia Nikol Pashinyan told a live on  his Facebook page on a commentary on one of the users of the social  network that if Pashinyan was an oppositionist, he would oppose the  exploitation of the Amulsar deposit.

Pashinyan: ``Lydian`` company has already made 80% of investments in  Amulsar deposit and we can not ignore this fact 
 Friday, July 6 2018, 13:43

ArmInfo. ""Initially, I would not want a mine like Amulsar to be developed near the resort town of Jermuk," Armenian Prime Minister Nikol Pashinyan stated in the city  of Jermuk at a meeting with representatives of the Lydian company and  environmentalists protesting the development of the Amulsar mine.

Ministry of Energy: ``Amulsar`` deposit project should be considered  successful experience with use of up- to-date technologies
 Tuesday, June 12 2018, 16:55

ArmInfo.Ministry of Energy Infrastructures and Natural Resources of Armenia refused to discuss the issue on suspending the program of Amulsar gold deposit  development. A letter addressed to environmental and non-governmental  organizations of the country published on ecolur.org notes that the  right of using deposits can be suspended if the Natural Resources  Code is violated.

Lydian Armenia welcomes the call for responsible mining
 Friday, May 25 2018, 18:49

ArmInfo. The companies statement reads: Lydian  Armenia shares the belief expressed by Armenia's Government in a  recent statement that all mining companies, need to comply with  environmental regulations ensuring the protection of the environment  and the well-being of our citizens. To this effect, we welcome the  initiative to undertake environmental compliance audits of the mining  industry to ensure that compliance is uniformly achieved and enforced  throughout the mining sector. Over the last days, several mining  companies in the country have been targeted, including Lydian's  Amulsar Project, with protests manifested by road blockages  disrupting operations. The protests at Amulsar led to peaceful  counter-protests by Lydian employees and company supporters from the  communities demanding from the protesters to restore their right to  work. The protesters have been alleging deficiencies in environmental  compliance and inconsistent hiring practices. Lydian has an  established grievance procedure and encourages all stakeholders, to  formally communicate specific concerns and grievances to the company  and thereby achieve resolutions that are mutually acceptable.  Presently, all access roads to Amulsar's project are open, workers  have returned to site, and construction activities are returning to  normal.  



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