$LYDIF Lydian International (TSX: LYD)(OTC: LYDIF)
Lydian International Ltd. is an emerging gold developer focused on precious and base metal assets located in Armenia and Georgia. Test results show 3 million ounces of gold measured and indicated, and 2 million ounces inferred.
A technical report filed in November 2015 showed the project had initial capital costs of $370 million, and the key all-in sustaining costs of $585 per ounce.
Construction is scheduled to begin on the site this year. Once it's complete, production is expected to average 200,000 gold ounces per year over a decade.
The total recoverable amount of gold is estimated at 2.1 million ounces, with accelerated after-tax cash flows of $567 million during the first five years of operations to support early payback of project debt and equipment financing.
Market Data 
Markets 
AI
