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Complaint > Lydian Intl3-01/Gndevaz & Jermuk

Management Response: IFC's Management Response to CAO Investigation Report - July 2017

...unknown. Such scoping was undertaken by a reputable environmental consultancy in 2010, after a mineral resource was defined and Amulsar became Lydian’s primary focus and before Lydian commenced a full Environmental & Social Impact Assessment (ESIA) for the project. IFC made a number of investments in Lydian between 2007 and 2015. IFC’s investments initially funded exploration works in a number of countries, and from 2010 onwards, continued exploration and feasibility studies for Lydian’s flagshi...
IFC Compliance Advisor/Ombudsman - Armenia