Lydian International participated in the largest annual event in the mining industry held every year in Toronto conference, presenting its Amulsar project and Armenia as an attractive investment destination.

During 4 days of the expo and conference mining companies together with representatives of governments, investment institutions and non-governmental organizations discussed mining related issues as well as matters related to attracting investments, sustainability, environmental and social management.

“Many potential investors have come to know Armenia as an investment destination through the Amulsar project. We are glad to be able to continue to present the project and Armenia in high-profile events like PDAC. At these times of economic volatility attracting investments is a challenge. We gave a presentation on Amulsar project as part of the PDAC conference and we are glad that the interest in the investment potential of Amulsar and Armenia is still high”, -Howard Stevenson, President and CEO of Lydian International said.

He noted they planned to proceed to the full financing of the project this year and looked forward to the start of the construction.

It should be recalled that Armenian Minister of Energy and Natural Resources met with the head of Lydian International at the conference.

The conference is the largest annual event in the mining industry held every year in Toronto, Canada, with around 500 companies from 100 countries presenting their mining projects, equipment and offering investment opportunities. This year, the conference hosted 23 500 participants.