Russian Financial Control Monitor

MOSCOW. Russia has spend about RUR6bn ($180mn, or €137mn) this year on events related to its G20 presidency, said Sergei Iganov, head of the Russian president’s administration and of the summit’s Organising Committee. Out of this sum, RUR2bn ($60mn) went to organise the G20 summit in Strelna near St Petersburg, he added.

MOSCOW. Ural Mining and Metallurgical Company and Norilsk Nickel are considering joint development of the Yelanskoye and Yolkinskoye copper and nickel mines in central Russia's Voronezh Region. The two industry leaders believe they have a basis for such cooperation, they said. An agreement defining the format of potential cooperation may be signed following negotiations. The Yelanskoye and Yolkinskoye deposits are the last undeveloped large copper and nickel deposits in Europe. They can provide additional quality raw material to both companies’ production capacities, the companies said.

2023-10-08 11:42:18