According to data posted by the Ministry of Natural Resources, the abundance of Russian diamond resources enables the increase of diamond production by one half through the year 2006. However, the growth will require $2.5bn in investments.
The industry is currently exposed to a number of difficulties. The first problem - high production costs - is due to the fact that most of the diamond deposits are located in the sparsely populated severe-climate areas in the far north. Secondly, most of explored deposits are in deep diamond mines, while the further drilling of mines for extraction operations and a switch to underground extraction will cause a decline in productivity and an increase in diamond costs. Meanwhile, new primary deposits will be unable to compensate for the drop in diamond production of the old ones.
Putin's official spokesman Dmitry Peskov commented on remarks in the US media about failures in launching nuclear-capable missiles in Russia
More than 5.8 million people voted for Nicholas Maduro at the presidential election in Venezuela. This is more than a quarter of registered voters. Why did those people vote for the man, who, as Western media write, took Venezuela to the brink of collapse?
It has long been understood that the West has been trying to subject Russian borders to total control. We have not seen such activity even during the Cold War