"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.