“Lydian International” to Attract 40 Million Canadian Dollars for Amoulsar Project in Armenia

“Lydian International” to Attract 40 Million Canadian Dollars for Amoulsar Project in Armenia

News.am

Toronto-based “Lydian International”, which implements “Amoulsar” gold-mining mine project in Armenia, appointed an underwriting syndicate for attracting 40 million Canadian Dollars for the purpose of accomplishing technical-economic substantiations, as well as for the funding prospecting in its Georgian project.

According to MiningWeekly.com, the company plans to accomplish the prospecting at the end of the second quarter, while the production of first output was designed for 2014.

February 24, 2012 at 12:51