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.
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
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