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Lydian International information


Lydian International Limited
Company typePublic
Traded as
TSX:LYD
OTCQX: LYDIF
IndustryResources
Founded2006
Headquarters
Colorado
,
United States (registered in Jersey)
Key people
Edward Sellers - CEO (2019-)
Joao Carrelo - CEO (2018-19)
ProductsGold
Subsidiaries
  • Lydian Armenia (Armenia)
  • Lydian Resources Georgia Limited (Georgia)
  • Lydian U.K. Corporation Limited (United Kingdom)
  • Lydian Canada Ventures Corporation (Canada)
Websitelydianinternational.ca

Lydian International Limited is a multinational corporation with gold mining interests in Armenia and Georgia.[1] Founded in 2005 the company is registered in the British Crown dependency of Jersey[2] but headquartered in Greenwood Village, Colorado, United States.[3] While it was formerly listed on the Toronto Stock Exchange, it was delisted in February 2020 as it sought creditor protection.[4] Lydian International's major shareholders and lenders are the Resource Capital Funds (RCF Management LLC), Orion Resource Partners, Franklin Advisers of the Franklin Templeton Investments,[5] the European Bank for Reconstruction and Development (EBRD),[6][7] the state-owned Swedish Export Credit Corporation[8] and others. Its ongoing active development is the Amulsar Gold Project located in south-central Armenia and 100% owned by Lydian International.[9]

In 2011, the company was issued a permit for prospecting and development of another gold site, Kela (Qela) in neighboring Georgia, the administrative area of Zoti Village, Chokhatauri.[10] According to Lydian International the Kela project at the present time "does not comprise a material aspect of the Corporation’s business operations."[11]

  1. ^ "Bloomberg directory – Lydian International". Bloomberg News.
  2. ^ "Locate Jersey. Jersey. For business. For life" (PDF). locatejersey.com. 2019. Retrieved 2019-09-13.
  3. ^ "Lydian International Ltd". MarketWatch.
  4. ^ "Hollow water win for Lydian". Mining Journal. February 20, 2020. Retrieved February 28, 2020.
  5. ^ MarketScreener. "LYDIAN INTERNATIONAL LTD. : Shareholders Board Members Managers and Company Profile | JE00B29LFF73 | MarketScreener". www.marketscreener.com. Retrieved 2019-09-13.
  6. ^ "EBRD injects another C$11.39mln into Lydian International". Proactiveinvestors UK. 2016-07-22. Retrieved 2019-09-13.
  7. ^ "Lydian (Amulsar Gold Mine) – Extension". www.ebrd.com. Retrieved 2019-09-13.
  8. ^ Forum, MINEX. "1 300 jobs affected as Lydian responds to illegal Armenia demonstrations". www.minexforum.com. Retrieved 2019-09-29.
  9. ^ "Lydian International Ltd. Share Price - LYD, RNS News, Articles, Quotes, & Charts (TSE:LYD)". Proactiveinvestors UK. Retrieved 2019-09-13.
  10. ^ "Georgian Government Against 'Lydian': Company Adventures in Georgia - HOT LINE - Ecolur". ecolur.org.
  11. ^ Armen Martirosyan (November 14, 2016). "LYDIAN INTERNATIONAL LIMITED – MANAGEMENT'S DISCUSSION AND ANALYSIS for the nine month period ended September 30, 2016" (PDF). Retrieved 2019-09-12.

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Lydian International

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Lydian International Limited is a multinational corporation with gold mining interests in Armenia and Georgia. Founded in 2005 the company is registered...

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Lydian mode

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The modern Lydian mode is a seven-tone musical scale formed from a rising pattern of pitches comprising three whole tones, a semitone, two more whole tones...

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Lydian alphabet

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intended characters. Lydian script was used to write the Lydian language. Like other scripts of Anatolia in the Iron Age, the Lydian alphabet is based on...

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Jasper

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finer grain than jasper, and less splintery than hornstone. It was the Lydian stone or touchstone of the ancients. It is mentioned and its use described...

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Sardis

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Sardis (/ˈsɑːrdɪs/ SAR-diss) or Sardes (/ˈsɑːrdiːs/ SAR-deess; Lydian: 𐤳𐤱𐤠𐤭, romanized: Sfar; Ancient Greek: Σάρδεις, romanized: Sárdeis; Old Persian:...

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Croesus

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Croesus (/ˈkriːsəs/ KREE-səs; Lydian: 𐤨𐤭𐤬𐤥𐤦𐤮𐤠𐤮 Krowisas; Phrygian: Akriaewais; Ancient Greek: Κροῖσος, romanized: Kroisos; Latin: Croesus; reigned:...

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Economy of Armenia

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company, Lydian International, which is currently building a controversial massive gold mine in the southeastern Vayots Dzor province. Lydian has pledged...

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Cyrus the Great

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conquering the Median empire, Cyrus led the Achaemenids to conquer the Lydian Empire and eventually the Neo-Babylonian Empire. He also led an expedition...

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Banco Sabadell

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Business of BBVA (US), Mellon United National Bank, Banco Guipuzcoano, Lydian Private Bank, Banco CAM, Banco Mare Nostrum (BMN) network in Catalonia and...

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Mineral industry of Armenia

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Kadzharan deposit in the size of its copper and molybdenum reserves. International companies are investing in developing gold deposits in Armenia, including...

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Phrygians

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kingdom of their own. The Lydians repulsed the Cimmerians in the 620s, and Phrygia was subsumed into a short-lived Lydian empire. The eastern part of...

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John Textor

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financial services company and included a private wealth business known as Lydian Trust Company. In the early 2000s, Textor took control of BabyUniverse,...

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Croeseid

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of coinage, and standard coinage, made by the Lydians: So far as we have any knowledge, they [the Lydians] were the first people to introduce the use of...

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List of writing systems

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Romanization for transliteration or secondary use. Lycian – Lycian Lydian – Lydian Manchu – Manchu Mandaic – Mandaic dialect of Aramaic Medefaidrin –...

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Phrygia

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Lydian empire's eastern frontier. The Gordium site reveals a considerable building program during the 6th century BC, under the domination of Lydian kings...

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Peace symbols

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11:6 One of the first coins to be minted was the croeseid. It depicted the Lydian Lion and Hellenic Bull, representing the peaceful alliance between Croesus...

Word Count : 6310

Ankara

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(25 BC–7th century), the city is very old, with various Hattian, Hittite, Lydian, Phrygian, Galatian, Greek, Persian, Roman, Byzantine, and Ottoman archeological...

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Drake Passage

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Suzanna H.A.; Swart, Merel L.A.; Vaes, Bram; Kosters, Martha E.; Boschman, Lydian M.; Burton-Johnson, Alex; Bijl, Peter K.; Spakman, Wim; van Hinsbergen,...

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Diatonic scale

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Phrygian, Lydian, and Mixolydian modes of C major, plus the Aeolian and Ionian modes of F major when B♭ was substituted into the Dorian and Lydian modes of...

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Coin

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Herodotus mentioned the innovation made by the Lydians: So far as we have any knowledge, they [the Lydians] were the first people to introduce the use of...

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Etruscan civilization

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history of Lydia, never suggested a Lydian origin of the Etruscans and never named Tyrrhenus as a ruler of the Lydians. For this reason, therefore, I am...

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Anatolia

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Byzantine periods. The major Anatolian languages included Hittite, Luwian, and Lydian, while other, poorly attested local languages included Phrygian and Mysian...

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Manisa

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that "Meonian" was an earlier name for a "Lydian", another theory holds that Meonians may have preceded Lydians in the region and would have continued their...

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