In April 2014 and July 2014, residents of Gndevaz and Jermuk communities together with several environmental NGOs in Armenia submitted two complaints to CAO with regard to IFC’s investment in Lydian International Limited, a mining…
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During the meeting in Gndevaz held on the 6th of April, Lydian company’s “specialist” from South Africa, metallurgical manager John Fourie announced that cyanide heap leach facility will be completely safe, so safe that it…
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Since December 2014 Harout Bronozian has been writing to representatives of Lydian Armenia and Armenia’s Ministry of Nature Protection regarding Amulsar gold mine exploitation project. The correspondence has been mainly about the technical aspects of…
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Below are short informative videos about Lydian company that wants to exploit gold mine in Amulsar. It is a project that is located just 10km aways from Jermuk and threatens water resources of Armenia.
On March 7, 2017, European Bank for Reconsruction and Development (EBRD), together with the representatives of the European Union and the Swedish Government, were presenting a project funded by their respective institutions and titled “Business…
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On the 16th of December 2016, Armenia’s Ministry of Nature Protection gave positive conclusion for the changes in the extraction project of Kajaran copper-molybdenum mine operated by “Zangezur copper-molybdenum Combine” CJSC (ZCMC). Negative outcomes for…
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When the boycott of Ameriabank started because of the contract signed between the bank and Lydian Armenia for providing the latter with a loan of 24 million USD to purchase equipment for construction of the…
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This article by Marine Martirosyan originally appeared on Hetq Investigative Journalists website Artsvik tailing As a result of pollution of Norashenik river in Syunik Region, the National Environmental Inspectorate of the Ministry of Environmental Protection initiated an administrative…
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Lydian Armenia (former Geoteam): the company who intends to mine gold in Amulsar. The company has no prior mining experience whatsoever. Geoteam was founded in 2005. 100% of the company’s shares belong to Lydian…
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To the Founders of the Aurora Humanitarian Initiative Members of Board of Directors of Ameriabank CJSC Noubar Afeyan Ruben Vardanyan Dear Mr. Afeyan, Mr. Vardanyan, Days ago we were surprised and disappointed to learn that…
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