‘We’re turning moose pasture into a gold mine’.
Tim Coughlin, President and CEO of Lydian International (CA:LYD), tells us about his company and about exploring for metals in the credit crunch.
Lydian International Ltd. is a diversified UK mineral exploration and development company, with expertise employing “first mover” strategies in international emerging environments.
Currently the Company is focused on Eastern Europe in the Western Balkans and the Caucasus regions, advancing a pipeline of highly prospective precious and base metal projects. In the Caucasus region Lydian is operating an exploration joint venture with Newmont Overseas Exploration Ltd. a subsidiary of Newmont Mining Corporation.
The Company’s two flagship projects are a newly discovered gold project at Armulsar in Armenia, and an advanced zinc, lead, silver and gold project at Drazhnje in Kosovo.
Lydian’s two largest share holders are Newmont Mining Corporation and the International Finance Corporation (part of the World Bank Group).
The Lydian Management Team has a proven discovery track record, and is highly experienced in emerging environments.
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Tim Coughlin of Lydian International