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Armenian President Received Top Management Of GeoProMining Company

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  • Armenian President Received Top Management Of GeoProMining Company

    ARMENIAN PRESIDENT RECEIVED TOP MANAGEMENT OF GEOPROMINING COMPANY

    RIA Oreanda
    March 3 2009
    Russia

    Yerevan. OREANDA-NEWS On 03 March was announced, that Armenian
    President Serzh Sargsyan received the top management of the
    GeoProMining Company.

    The Chairman of the Board of Directors, Siman Povarenkin spoke about
    the implementation of the obligations assumed by the Company in
    our country, present situation in the area of gold and molybdenum
    extraction, and prospects of the areas development. Stressing the
    importance of refraining from further job cuts in the area of mining
    during the ongoing financial and economic crisis, the President of
    Armenia underscored his clear anticipation that there would be no
    additional lay offs at the Agarak copper and molybdenum processing
    plant and that even more jobs would be created in the gold mining area.

    The two sides discussed also issues related to the new investment
    projects to be implemented by Geopromining Company in Armenia.
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