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Lydian International announces change at the top

Last updated: 01:46 02 May 2018 AEST, First published: 20:46 01 May 2018 AEST

Amulsar gold project
Stevenson was instrumental in bringing Lydian’s Amulsar Gold Project into the final stages of construction

Howard Stevenson, the president and chief executive officer of Lydian International Limited (TSE:LYD), has stepped down from the roles.

He has been succeeded by João Carrêlo, a senior mining executive with more than 34 years of international experience in the mining and resource sectors.

“We thank Howard for his contributions to Lydian over the past four years and his dedicated service that has been instrumental in bringing Lydian’s Amulsar Gold Project into the final stages of construction. The board wishes Howard well in his future endeavours,” said Gordon Wylie, the chairman of Lydian.

“We welcome João to Lydian as he brings essential and relevant experience that will be instrumental in completing the construction and development of the Amulsar Gold Project. Mr. Carrêlo also has a clear understanding of the growth and value drivers that will enable our company to prosper going forward,” Wylie added.

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Howard Stevenson, chief executive of the Armenia-focused gold mine developer Lydian International Ltd (TSE:LYD), updates Proactive's Andrew Scott on the construction of their Amulsar project. Gold output, beginning in 2018, is targeted to average greater than 200,000 ounces per year over...

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