Investigators release Gogol-Center artistic director after questioningSociety & Culture May 24, 2:32
London may be among contenders for 2018 FIDE chess world championship — FIDESport May 24, 2:29
Putin meets with visiting Philippine leaderRussian Politics & Diplomacy May 24, 0:15
Mechanism of alerting on cyberattacks practically never used by US — spokespersonWorld May 23, 22:19
Putin praises work of Independent Public Anti-Doping CommissionSport May 23, 20:38
Russia needs expanding representation in global sports federations — ministerSport May 23, 20:21
Russian athletes must be trained for Olympics under certain geographic conditions — PutinSport May 23, 19:38
Final charges brought against Russian ex-economy minister UlyukayevBusiness & Economy May 23, 18:59
WADA delegation to visit Moscow this week to help with membership reinstatementSport May 23, 18:48
“Of course, at the beginning Russia will own 100% in its national payment system, but in 2-3 years different shareholders may be allowed to enter it,” he said.
When asked whether Chinese investors are interested in the system, he said, “It is too soon to say, but they will probably consider the possibility.”
Dmitriyev also said the fund keeps its interest in the development of the Udokan copper deposit and the Natalkinskoye gold field. Chinese investors are interested in both fields, while other investors are only interested in the Udokan field, he said. He said that the fund will attract money for the Natalkinskoye field by the end of the year.
The Udokan field is one of the world’s largest coper fields with the reserves valued at 26.7 million tonnes under JORC standards and investments of US $5.6 billion. The field will be launched in 2022, major ore producer Metalloinvest owns the license for the field’s development.
The Natalkinskoye field’s gold reserves exceed to 31.6 million ounces, while its resources are 59.7 million ounces. Its projected annual ore and gold capacity are 10 million tonnes and about 500,000 ounces respectively. The field will be launched June-August, 2015. Gold producer Polyus Gold owns the license for the field’s development.
Mechel, which is on the verge of bankruptcy, plans to launch the Elga field’s first stage with projected annual capacity of 11.7 million tonnes of coal by 2017 with the investments standing at about $5 billion, while the company’s net debt amounts to $8.3 billion.
Dmitriyev also said that the fund expects an undisclosed Russian retailer to hold its initial public offering by the end of this year at the Moscow Exchange.