gold

Anti-mining activists put New Armenia’s ‘people power’ to the test

For the past three months, the inhabitants of the Armenian spa town of Jermuk have been rallying against the local Amulsar gold mine. The company operating the mine claims their operations are environmentally sound and has threatened to sue the Armenian government if they have to suspend work. All eyes are now on Armenia’s revolutionary government, which has promised ‘power to the people’. Lydian International Ltd, a Jersey based company established in 2005, has been warning potential inves