-0.7 C
Belgrade
Supported byspot_img
spot_img

Amulsar project is presented at PDAC convention in Toronto

Member of Europium Groupspot_img
Supported byspot_img

On March 5-8 the largest annual convention of mining industry PDAC (Prospectors and Developers Association of Canada) took place in Toronto, where Lydian International presented Amulsar and Armenia for the 9th consecutive year.

For the first time Armenian Government was also represented at PDAC by the Deputy Minister of Energy, Infrastructure and Natural Resources Vardan Gevorgyan.

He made a presentation on the investment potential of mining industry of Armenia. At the same session Managing Director Hayk Aloyan presented Amulsar project.

Supported by

Deputy Minister held several meetings with renowned international institutional investment companies that have invested in Amulsar project and in Armenia.

Reflecting on the last 9 years of Lydian’s presence at PDAC, Hayk Aloyan emphasized the importance of Armenia’s recognition among the investors.

“When we first brought Amulsar project to PDAC in 2008, many investors had never heard of Armenia. At PDAC it becomes obvious that attracting responsible international players into the country’s mining sector is a difficult task,” Hayk Aloyan said.

“At PDAC it also becomes obvious that today’s mining industry is well-advanced in offering sustainable, modern solutions to the issue of environmental, social, health and safety management in mining. PDAC is a place where mining industry, financiers, governments and NGOs constructively discuss how mining can benefit all stakeholders and that is what happens in many developed mining destinations. We in Lydian believe that it is also possible in Armenia,” concluded Managing Director of Lydian Armenia.

Source: Banks

Supported byElevatePR Digital

Related News

Important Announcement to Our Readers

After years of dedicated efforts to promote the European mining industry and foster a balanced approach between environmental conservation and the responsible exploitation of...

India set to decide on import restrictions for metallurgical coke

India is set to make a decision soon on whether to implement import restrictions on metallurgical coke, a crucial ingredient in steelmaking. According to...

AMMC targets major production milestones by 2030 with ongoing development projects

Almalyk Mining and Metallurgical Combine (AMMC) has set ambitious production goals for 2030, aiming to achieve annual output of 500,000 tons of copper, 50...

Kazatomprom partners with Jordan uranium mining company on joint uranium exploration and extraction

Kazatomprom, Kazakhstan's national atomic company, has entered into a collaboration with Jordan Uranium Mining Company (JUMCO) to jointly explore and extract uranium in Jordan....
Supported by
Supported by
Supported by
error: Content is protected !!