Lydian crests 50% capex pledge at low-cost Armenian Amulsar mine

Armenia-focused gold project developer Lydian International has reached the halfway mark in terms of the capital committed to build its cornerstone $369.9-million Amulsar project. The coming months will see the company report regular news flow as it achieves key construction-based catalysts, with the aim of pouring first gold by mid-2018, president and CEO Howard Stevenson told Mining Weekly Online in an interview on Wednesday.