GeoProMining supports social projects in Ararat region

Posted on Oct 3, 2013 in Company news, News and Press releases

GeoProMining supports social projects in Ararat region

3 October 2013, Yerevan


GeoProMining, a diversified international mining group (GPM or the Company), has provided financial support to kindergarten construction for the Ayntap community in the Ararat Region, where one of the company’s assets is located. The project was implemented together with the Armenian Fund of Social Investments with the support of the World Bank and local authorities.

At the request of local community that had to live without preschool institutions for kids for years, the local administration initiated the construction of a kindergarten for 160 children in July 2011. The project has been prepared and implemented with the help of the World Bank that provided not just funding: international teaching and phycology expects designed the kindergarten’s interior (planning and decorations). The kindergarten has been opened this autumn providing pre-school education for kids and creating more than 50 new jobs for the Ayntap community.

“As part of our corporate social responsibility programme Resources for Good we regularly support social initiatives in the regions of our presence. Funding education is a priority for us: we support kindergartens and schools and promote the Russian language in Armenia. We have launched our own scholarship programme for Armenian students to support their studies in the leading Russian and Armenian universities. I am confident that good faith and social responsibility are key elements to success of any business,” said GeoProMining CEO Roman Khudoliy.

Press contacts:

Ruzanna Grigoryan

Tel: +374 (94) 19 07 13



About GPM:

GeoProMining, founded in 2001, is an international, privately held company with a diversified base of gold and other metals assets. GeoProMining engages in mining activities in Armenia and the Russian Federation.