Source Pravda.Ru

ALROSA to Invest USD 31 Million in Arkhangelsk Diamond Mine

In 2003 ALROSA is to invest around USD 31.5 million in the development of diamond deposits in the Arkhangelsk Region. According to Prime-TASS, this was announced today by the Arkhangelsk regional administration's press office. USD 5.3 million of this figure has already been invested in mining and other specialised equipment.

ALROSA has set up the Severalmaz company to develop the deposits. Severalmaz is currently building a railway line from Arkhangelsk to the village of Svetly, and also buying equipment, and repairing the Arkhangelsk - Svetly road together with five bridges.

The press office also announced that ALROSA's management is planning to invest a further USD 350 million in developing the deposits. This will be made up partly of the company's own funds and partly of outside investment. Prime-TASS also reports that the company's experts suggest that in a few years Severstal shares may be floated on the market.

© &to=http://www.rosbaltnews.com/' target=_blank>RosBalt

He announced his intention to create a news service called "Pravda," which means "truth" in Russian. Well, we are Pravda. The Pravda.Ru website has been working professionally in Russia since 1999

Elon Musk wants Pravda, but we already have it

The co-author of this disaster is the Dutch government, which did not find either strength or desire to save the lives of its citizens who were flying on that plane. The Dutch authorities did not demand Ukraine to comply with international aviation regulations

Blame MH17 on Russia: International investigation turns into demonic circus

On the second day of the St. Petersburg International Economic Forum, a plenary meeting was held, in which Russian President Vladimir Putin, French President Emmanuel Macron, Japanese Prime Minister Shinzo Abe, Chinese Vice President Wang Qishan and IMF head Christine Lagarde took part

World leaders unite with Russia at St. Petersburg International Economic Forum
Comments
USA wants China to become backward, third world state again
Elon Musk and a Truth called Pravda
Science Has Once Again Declared: ‘We Were Created’
World leaders unite with Russia at St. Petersburg International Economic Forum
What would you do if you were Kim Jong-un?
There's only one man who can help Russia and the West bury the hatchet
World leaders unite with Russia at St. Petersburg International Economic Forum
World leaders unite with Russia at St. Petersburg International Economic Forum
World leaders unite with Russia at St. Petersburg International Economic Forum
The Netherlands and Australia officially accuse Russia of downing MH17 over Donbass
The Netherlands and Australia officially accuse Russia of downing MH17 over Donbass
The Netherlands and Australia officially accuse Russia of downing MH17 over Donbass
How low will America go?
German expert explains why European Union and Russia develop ties speedily
How low will America go?
Elon Musk wants Pravda, but we already have it
Blame MH17 on Russia: International investigation turns into demonic circus
How low will America go?
How low will America go?
Skripals fall under heavy British pressure
Skripals fall under heavy British pressure