Canada’s Lydian International has updated the feasibility study of its Amulsar project, in Armenia, where demonstrations and road blockades delayed development for about 15 months.
The updated report, which addresses the impact of the blockade on construction and the resulting delay in obtaining first gold, indicates that Lydian had already spent $361.9-million in capital costs on building Amulsar and that it has a budget of $146.3-million left to complete the project.