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N e w s
MARCH 2
ALROSA to Build GOK in Archangelskaya Oblast
ALROSA Company is going to invest $450 mln - $500 mln in the building of ore mining and processing enterprise, or GOK at Lomonosov deposit in Archangelskaya Oblast, ALROSA President Vyacheslav Shtyrov informed. According to him ALROSA has concluded agreements with a number of foreign banks. All the necessary cash assets will be invested after the examination and confirmation of the construction project. In 2001 ALROSA will invest $16 mln in the performance of the project.
Source: Gazeta.ru
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