Lydian International Limited

Lydian International's flagship Amulsar gold project in Armenia. Credit: Lydian International

The biggest gold losers in 2015

Last year was another tough year for gold companies, with the spot metal price sliding 10% to finish 2015 at US$1,061 per oz. While some miners thrived in the low gold price environment, others collapsed, with more than a few voluntarily…

Lydian International's Amulsar gold project in Armenia, 170 km south of the capital city of Yerevan. Credit: Lydian International

Lydian scores final mine permit at Amulsar

VANCOUVER — Shares of Lydian International (TSX: LYD; US-OTC: LYDIF) were on the rise after news that the company cleared the final permitting hurdle at its wholly owned Amulsar epithermal gold deposit, 170 km south of…

TSX falls with commodity prices, Nov. 24-28

OPEC’s decision not to cut production sent U.S. oil prices down 10% to US$66.15 per barrel on Nov. 28, the biggest one-day drop in five years. Lower oil prices usally translate to lower inflation rates, crimping investment demand for…

A drill rig at Lydian's  Amulsar gold mine in Armenia. Source: Lydian International

Lydian rebounds on heap leach approval

VANCOUVER — Shares in  Lydian International (TSX: LYD) surged 25% on news that the Armenian government had  approved a new location for the heap-leach facility at the compnany’s proposed Amulsar gold mine in the country,…

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