Contact Us
×Thank you for taking the time to help us improve the Console.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Loading...
Project Information
Investment ID: 48579
Bank: European Bank for Reconstruction and Development
Environmental Category: A
Country: Armenia
Region: Europe and Central Asia
Approval Date: July 20, 2016
Investment Types: Other
Total Project Cost: CAD 11.4 million
Total Complaints: 1
Description
In 2015, Lydian International Limited had completed exploration of the Amulsar gold deposit and had secured financing to start mine development. In 2016, the EBRD provided Lydian International with an equity injection, which was earmarked for financing of the Environmental and Social Mitigation Measures (ESMM) (as defined in the ESAP, including financing a biodiversity off set programme and the construction of water treatment facility) and related activities.
Investments
| Investment Type | ID | Amount | Status | Bank | Client |
|---|---|---|---|---|---|
| Other | 48579 | CAD 11.4 million | Disbursing | EBRD | Lydian International |
Related Complaints
| European Bank for Reconstruction and Development IPAM Complaints | IAM | Country | Date Filed | Status |
|---|---|---|---|---|
| Lydian (Amulsar Gold Mine) - Extension | EBRD IPAM | Armenia | 19/05/2020 | Active |