Lydian is a gold developer focusing on construction at its 100%-owned Amulsar Gold Project, located in south-central Armenia. Amulsar will be a large-scale, low-cost operation with production targeted to average approximately 225,000 ounces annually over an initial 10-year mine life. Open pit mining and conventional heap leach processing contribute to excellent scale and economic potential.
The Company is committed to good international industry practices in all aspects of its operations including production, sustainability, and corporate social responsibility.
The Toronto-based firm has faced a number of challenges in getting Amulsar up and running but believes it has a company-maker on its hands
The gold price has hit record levels in multiple jurisdictions, including the US