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Dundee Precious Metals Company Intends To Increase The Investments I

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  • Dundee Precious Metals Company Intends To Increase The Investments I

    DUNDEE PRECIOUS METALS COMPANY INTENDS TO INCREASE THE INVESTMENTS IN ARMENIA

    armradio.am
    28.11.2007 14:14

    RA Prime Minister Serge Sargsyan received today Canadian businessmen
    Jonathan Goodman, James Small and Canadian Armenian businessman,
    Professor Azat Vardanyan.

    The Goodman family is the founder of a number of companies operating
    in various spheres. Jonathan Goodman is the owner and president of
    the "Dundee Precious Metals" Company engaged in investigation and
    exploitation of mines containing precious metals. In Armenia the
    Company is represented by "Dino Gold" Company, which has launched an
    active work in Syunik marz and has invested more than $30 million so
    far. The Company intends to invest another $20 million to investigate
    the mine of Kapan.

    PM Serge Sargsyan welcomed the intention of the businessmen and noted
    that the Armenian Government is interested in working with companies
    having reputation, experience and high rating. Mr. Sargsyan assured
    that necessary favorable conditions have been created for promoting
    investments and business in Armenia. Considering the mining industry
    one of the important spheres of our country's economy, on behalf
    of the Armenian Government Serge Sargsyan expressed willingness to
    support the Company in the implementation of its programs.

    The businessmen expressed gratitude to the Armenian Government and
    the Prime Minister for cooperation, and the willingness to support,
    emphasizing that it is important for any foreign investor.

    During the conversation the guests stressed the importance of
    reciprocal visits of the Prime Ministers of the two countries, which,
    according to them, will open new perspectives for the development of
    Armenian-Canadian economic cooperation.
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