OREANDA-NEWS. November 29, 2007. On November 27, 2007, the President of Armenia Robert Kocharian received the owner and President of the Dundee Precious Metals Company Jonathan Goodman. At the meeting discussed were issues related to the development of the mining sector in Armenia, the presidential press service reported.

Robert Kocharian noted that this direction is one of the priorities for the economic development of Armenia, and that the Armenian side is highly interested in cooperation with the experienced foreign partners. According to the President it will allow to create a qualitatively new situation in the mining sector.

Jonathan Goodman in his turn said that he sees great opportunities for the development of mining industry in Armenia, and that his company is ready to move forward slowly but steadfastly.

The two sides stressed also the importance of providing greater attention to the environmental issues, training of the specialized personnel, and the necessity of bringing the related legal field in compliance with the international standards.

The Dundee Precious Metal Company is represented in Armenia by the Dino Gold Mining Company, which is developing the Shahumian gold and polymetal mine and the Kapan cooper and pyrites mine.