ACTIVITY TITLE
VERSION 2.01
Lydian (Amulsar Gold Mine) - Extension
Reported by
European Bank for Reconstruction and Development XI-IATI-EBRD Multilateral
ACTIVITY SCOPE COLLABORATION TYPE AID TYPE FINANCE TYPE FLOW TYPE TIED STATUS HIERARCHY
National 4 Multilateral outflows 4
Project-type interventions C01
Untied 1
IATI IDENTIFIER
XI-IATI-EBRD-48579
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DOCUMENTS ( 4 )
Project Summary Document - Transition Impact Environmental Social Summary TEXT/HTML EN Pre- and post-project impact appraisal Project Summary Document TEXT/HTML EN Objectives / Purpose of activity Country Strategy TEXT/HTML EN Memorandum of understanding (If agreed by all parties) Procurement/Tenders TEXT/HTML EN Tender
Planned start date 2016-08-04
Actual start date 2016-08-04
Actual end date 2021-10-08
activity status: Finalisation
Physical activity is complete or the final disbursement has been made, but the activity remains open pending financial sign off or M&E
WHO'S INVOLVED ( 2 )
PARTICIPATING ORG REFERENCE ROLE TYPE
European Bank for Reconstruction and Development
 Funding Multilateral
LYDIAN INTERNATIONAL LTD
 Implementing Private Sector
General
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. Null Value
recipient country ( 1 )
ArmeniaAM
100
LOCATION ( 1 )
NAME DESCRIPTION POSITION CLASS REACH EXACTNESS
YEREVAN
ID 616052 (Geonames)
40.18111 44.51361 Administrative Region Approximate
country budget items ( 1 )
IATI Withdrawn ( 1 )
The budget identifier reported uses IATI budget identifier categories
7.1.1
100
sector ( 1 )
OECD DAC CRS 5 digit1( 1 )
The sector reported corresponds to an OECD DAC CRS 5-digit purpose code http://reference.iatistandard.org/codelists/Sector/
Mineral/mining policy and administrative management32210
100
GLOSSARY
Mineral/mining policy and administrative managementMineral and mining sector policy, planning and programmes; mining legislation, mining cadastre, mineral resources inventory, information systems, institution capacity building and advice; unspecified mineral resources exploitation.
Financial Overview
Outgoing Commitment ( 1 )
Outgoing Commitment
Transactions ( 1 )
Outgoing Commitment ( 1 )
DATE DESCRIPTION PROVIDER RECEIVER VALUE
2016-08-04
FLOW Other flows 50
FINANCE Common equity 510
LYDIAN INTERNATIONAL LTD
 7,821,029.57
EUR
Outgoing Commitment
General Enquiries
European Bank for Reconstruction and Development
+44 20 7338 7380
projectenquiries@ebrd.com
www.ebrd.com
5 Bank Street, London E14 4BG
conditions( 1 )
NARRATIVE TYPE 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. Null Value For more details, please refer to the project summary document at https://www.ebrd.com/view/psd/48579
 Performance The condition attached requires certain outputs or outcomes to be achieved by the recipient