Proactive Investors UK
Aug 8 2017
"We are very pleased that our vendors are meeting fabrication schedules and deliveries..," said Lydian's chief executive
Lydian is developing a huge gold mine in Armenia. Pictured are the administrative buildings
Lydian International Inc (TSE:LYD) says major equipment has now arrived on site at its giant Amulsar gold mine in Armenia, which is under construction.
These include components for the crushing plant, including the jaw crusher, a rock breaker, pan feeders, and screen liners.
Components have been shipping since the second quarter this year, as fabrication is completed, noted Lydian.
"Equipment lead times and delivery logistics present unique challenges for many projects, said Howard Stevenson, Lydian’s chief executive.