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President: Armenia Interested In Cooperation With Foreign Companies

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  • President: Armenia Interested In Cooperation With Foreign Companies

    PRESIDENT: ARMENIA INTERESTED IN COOPERATION WITH FOREIGN COMPANIES IN METAL MINING FIELD

    ARKA News Agency, Armenia
    Nov 27 2007

    YEREVAN, November 27. /ARKA/. Armenia is interested in cooperation
    with foreign companies in the field of metal mining industry, said
    Armenia's President Robert Kocharyan during his meeting with the
    President of Dundee Precious Metals Company Jonathan Goodman.

    "This is one of the priority branches of Armenia's economy, and
    the Armenian side is interested in the cooperation with experienced
    foreign companies, which gives a chance to form a qualitative new
    situation in the metal mining industry," the President's press service
    cited Kocharyan.

    Goodman pointed out that he sees great possibilities for the
    development of metal mining industry in Armenia and added that the
    Company he heads is "ready to move forward with slow but confident
    steps."

    The sides also discussed the necessity of paying special attention
    to ecology problems, alongside with the development of the field,
    as well as preparing professional staff and making the legislative
    field meet international commitments.

    Dundee Precious Metals is represented in Armenia by Deno Gold
    Mining Company which exploits Shahumyan multi-metallic deposit and
    copper-pyritic deposit of Kapan ore-dressing plant.
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