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Lydian International full steam ahead with construction building Armenia's largest gold mine

Published: 15:59 08 Sep 2017 EDT

Howard Stevenson, chief executive of the Armenia-focused gold mine developer Lydian International Ltd (TSE:LYD), updates Proactive's Andrew Scott on the construction of their Amulsar project.

Gold output, beginning in 2018, is targeted to average greater than 200,000 ounces per year over an initial 10 year mine life.

The group is aiming for first gold production in mid-2018.

Lydian International Ltd. chief excited about "beginning" of Amulsar project

Howard Stevenson, chief executive of Lydian International Ltd, is very excited about the potential of  the group's flagship Amulsar gold mine in Armenia, where engineering work has now started. The group has $123mln in the bank, which will see it through all activity this year, he...

on 15/8/16