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"Dandy Precious Metals" Ready To Develop Armenian Miming Industry Wi

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  • "Dandy Precious Metals" Ready To Develop Armenian Miming Industry Wi

    "DANDY PRECIOUS METALS" READY TO DEVELOP ARMENIAN MIMING INDUSTRY WITH SLOW BUT SURE STEPS

    Noyan Tapan
    Nov 27 2007

    YEREVAN, NOVEMBER 27, NOYAN TAPAN. Issues related to development
    of Armenia's mining industry were discussed during the meeting of
    the Armenian president Robert Kocharian and the owner and chairman
    of Dandy Precious Metals company Jonathan Budman. According to a
    press release submitted to NT by the RA president's press service,
    Robert Kocharian said that mining industry is one of the priority
    branches of Armenia's economy, and the Armenian side is interested
    in cooperating with experienced foreign companies, which will allow
    to create a qualitatively new situation in mining industry.

    In J. Budman's opinion, there are great opportunities to develop
    Armenia's mining industry. He stated that their company is ready to
    proceed with slow but sure steps.

    The interlocutors also spoke about the necessity to develop the
    sector in parallel with solving environmental problems, to prepare
    specialized personnel and to bring the legislative field on the sector
    in line with international standards.

    Dandy Precious Metals is represented in Armenia by Dino Gold Mining
    Company that operates the Shahumian gold-multimetal mine and the
    Kapan copper-pyrites mine.
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