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Amulsar Project

Social Responsibility

Environmental Responsibility

Impact Assessment Presentation

Impact Assessment Presentation

River Flow Measurements

 

Noise Monitoring Station

Lydian has been conducting exploration activities at the Amulsar project since 2006 and have employed on average 100 workers from local communities annually during this period. As part of the development process of the project, detailed environmental and social baseline studies are being conducted. The information collected through these baseline studies will be submitted to the Ministry of Nature Protection and other respective institutions as part of the permitting process and will guide the technical design of the project to minimize any possible negative impacts from the project's development.

Baseline Data Collection

Lydian has been collecting baseline data on the project area since 2006. Social baseline data is collected from the communities of Gorayk, Saravan, Saralanj, Ughedzor, Gndevaz and Jermuk. A brief description of the environmental baseline history is provided below:

Environmental and Social Impact Assessment (ESIA)

The Company so far has completed 2 National Environmental Impact Assessments (EIA’s). The first was conducted in 2009 in order to support its Mining License application. The second EIA was completed in 2010 to assess the impact of exploration activities at Amulsar. In 2010 Lydian commenced a Bankable Feasibility Study (BFS). Wardell Armstrong International (WAI) was contracted to undertake this study. In parallel to the BFS, WAI will also complete an Environmental and Social Impact Assessment (ESIA) according to National, International and IFC standards. The ESIA study first required a scoping stage to identify any gaps in the current program. This is now complete and has been provided in report format. Completion of the ESIA is expected in the second quarter of 2012.

Community

Lydian realises that it is operating in environments with different cultures, lifestyles and heritage and so is developing the management of community relationships based on full transparency and openness in communication process with local communities.

The Amulsar Public Consultation and Disclosure Plan contains further information regarding Lydian’s approach. Please click here to learn more about Lydian's community activities past and present.

Company Offices and Contacts

Investor Relations - Global
1st Floor
Capstan House
La Route Es Nouaux
St. Helier Jersey
JE2 4ZJ
Channel Islands

Tel: +44 1534 747 890
Mobile: +44 7829 848420

Email:
lucy.fowler@lydianinternational.co.uk

Head Office
1st Floor
Capstan House
La Route Es Nouaux
St. Helier Jersey
JE2 4ZJ,
Channel Islands

Tel: +44 1534 747 890
Fax: +44 1534 758 708

Email:
andy.mcnally@lydianinternational.co.uk

Toronto Office
34, King Street East
9th Floor
Toronto
Ontario
M5C 2X8
Canada

Tel: +1 416 504 8001
 

Email:
info@lydianinternational.co.uk

Operations Office - Armenia
37 Hanrapetutyan Street
4 floor
Yerevan 0010
Republic of Armenia
Website: www.geoteam.am


Tel: +3 741 058 6037
Fax: +3 741 054 6037

Email:
hayk.aloyan@lydianinternational.co.uk

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