Lydian International and its Armenian subsidiary are making national headlines in Armenia regarding the highly controversial Amulsar gold mine, which is expected to resume operations after the government indicated it is giving a green light for the project.
However, hundreds if not thousands of environmentalists and others are protesting the move, arguing that it will destroy natural resources and contaminate waters, particularly the Jermuk springs and Lake Sevan.
The fact that Lydian International is registered in the tax-haven of Jersey makes opponents of the project wonder who the real shadowy owner of the company is.
But why is the company called Lydian anyway?
Ancient Kingdom of Lydia Has Re-Appeared to Haunt Armenia
