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Armenian Government Provides $150 Million Loan Guarantee for Amulsar Gold Mine Despite Environmentalist Opposition
The Armenian government has approved a $150 million loan guarantee for Lydian Armenia CJSC to resume operations at the Amulsar gold mine....
The Armenian Report Team
Feb 27


Armenian Gold Mining Project Still on Hold Due to Funding Delays
The future of Armenia's Amulsar gold mining project, once touted as a major economic boost for the country, remains in limbo as a...
The Armenian Report Team
Aug 29, 2024


Azerbaijan's Attempt to Sabotage Armenian Economy Raises Alarms, Warns Union of Miners and Metallurgists
The Union of Miners and Metallurgists of Armenia has raised a red flag against a joint effort to undermine Armenia's mining sector...
The Armenian Report Team
Jan 31, 2024


Lydian Company, Operator of Amulsar Gold Mine, Donates 12.5% of Shares to Armenian Government
The Armenian government has accepted a donation of 12.5% of shares from the Lydian company, the operator of the Amulsar gold mine. The...
The Armenian Report Team
Jan 18, 2024


Bern Convention Bureau Urges Halt to Mt. Amulsar Gold Mine Construction Amid Environmental Concerns
The Bern Convention Bureau has issued a call for the Armenian government to immediately cease the construction of the gold mine located...
The Armenian Report Team
Dec 7, 2023