| Canadian miner Lydian to invest $480 mln in Armenia gold project | |
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YEREVAN, Dec 3 (Reuters) - Canadian miner Lydian International plans to invest up to $480 million in development of its Amulsar gold project in Armenia, the former Soviet state's economy minister said on Thursday. Lydian International, a gold-focused mineral development company, operates in Armenia through its local subsidiary Geoteam CJSC, which obtained mining right for the Amulsar gold project in 2014. Karen Chshmarityan told a government meeting that construction works at the mine are expected to start next spring and due to be completed within two years. The minister said that Geoteam CJSC raised $325 million from the Orion Mine Finance and Resource Capital Fund VI L.P, a mining-focused private equity firm, and is seeking further funds from the International Financial Corporation and the European Bank for Reconstruction and Development. The Amulsar project located in southern Armenia has estimated gold reserves totalling 1.8 million ounces. (Reporting by Hasmik Mkrtchyan; Writing by Margarita Antidze; Editing by David Goodman)
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Lydian International Ltd
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EXPLORATEUR |
CODE : LYD.TO |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Lydian International est une société d’exploration minière de zinc et d'or basée à Jersey. Ses principaux projets en exploration sont CREPULJE au Serbia and montenegro et AMULSAR et DRAZHNJE en Armenie. Lydian International est cotée au Canada. Sa capitalisation boursière aujourd'hui est 52,5 millions CA$ (39,9 millions US$, 36,0 millions €). La valeur de son action a atteint son plus haut niveau récent le 23 septembre 2011 à 3,21 CA$, et son plus bas niveau récent le 28 novembre 2019 à 0,07 CA$. Lydian International possède 699 449 984 actions en circulation. |