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sustainability
Sustainability

Care for People and the Environment
Deno Gold Mining Company Sustainable Development

Mining is the main industry in and around the region of Kapan. As a result, much of the population of Kapan relies on the mining industry for its survival. With so much community involvement, Deno Gold ("the Company") is focusing its attention towards the health and safety of its employees and the surrounding communities as well as on environmental sustainability in the region. Significant efforts have been made to raise risk awareness at the workplace and to analyze incident occurrences in order to reduce and eliminate similar occurrences. Work is ongoing with respect to community relations and environmental care.

Environmental Responsibility


Tree Planting Project

In 2010, a tree planting project commenced in the nearby communities of Darmanadzor, Antarashat, Arachadzor and Ukhtavair. The Company completed over 16 hectares of forest reclamation and 50,000 trees were planted.

Tree Planting Project

Tree Planting Event - Tatev Monastery

In October 2010, under the initiation of the Head of the Environmental Inspection of the Syunic region and in the presence of Armenian Republic Premier Minister, the Governor and representatives of public organizations, a tree planting event took place at the Tatev Monastery.

Tree Planting Event - Tatev Monastery

Rehabilitation of Artsvanik and Geghanush Tailings Management Facilities

View of the Artsvanik Tailings Management facility Continuous rehabilitation of Geghanush Tailings Management Facility
View of the Artsvanik Tailings
Management facility
Continuous rehabilitation of Geghanush
Tailings Management Facility

Environmental Monitoring

Monitoring dust; vapours and water sampling Monitoring dust; vapours and water sampling
Monitoring dust; vapours and water sampling.

Health and Safety

Deno Gold Mine Rescue Team members became Armenia's first certified and recognized mine rescue team.

Social Responsibility


Community Support

With investment in nearby community infrastructure and public utilities, the communities of Kapan and Geghanush have experienced many improvements. Local artistic, cultural and sports groups are supported in their initiatives and special attention is paid to the elderly and disabled members of the community. Such projects are implemented in cooperation with the Red Cross and Non-Governmental Organizations ("NGOs"). The Company has received over 15 certificates of gratitude from various communities and organizations.

Community Support

Children's Summer Camp

The Company organized and sponsored a Children's Summer Camp for children of underprivileged families which attracted close to 200 children over a two week period.

Children's Summer Camp

Kapan Hospital Repairs

In an effort to improve the Kapan Hospital facility, Deno Gold was the largest contributor to the joint community project. This motivated other organizations and individuals to participate resulting in one of the most successful community projects implemented in Kapan in the last several years.

Kapan Hospital Repairs Kapan Hospital Repairs Kapan Hospital Repairs

Donations to Community

The Company is also a major supporter of many projects in the local communities. Some of the most significant projects include the construction of the Peace Park to celebrate peace and prosperity; funding of a Red Cross project to assist lonely and elderly people; donations to the regional hospital and medical centers; participation in renovation projects with each and every kindergarten school in Kapan; assistance to the local orphanages both financially and otherwise; and support for children with special needs. Deno Gold is also a major sponsor for Kapan Day celebrations and supports cultural groups and sports. Together with the mayor of Kapan, Deno Gold supported local maritial arts athletes to compete at a European USHU Championship.

Donations to Community

Transparency

Deno Gold plans to reopen its information center, which will provide information about current projects and allow the pubic to dialogue directly with company representatives. This function is currently performed by the Company's Public Relations Officer through direct meetings with community members and public announcements in local and Armenian mass media.

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