Head of Russian delegation to OSCE PA says Ukraine not ready for dialogueRussian Politics & Diplomacy February 25, 5:02
Russian baritone Hvorostovsky cancels concerts due to continuing treatmentSociety & Culture February 25, 3:22
Russian prime minister declares 3rd Winter World Military Games openMilitary & Defense February 24, 22:33
Russia to veto UNSC resolution imposing sanctions on Syria — envoyRussian Politics & Diplomacy February 24, 22:29
Ukrainian MP Savchenko arrives in Donetsk republic to visit Ukrainian prisoners — agencyWorld February 24, 22:25
Russian Defense Ministry surprised over German MPs reaction to Reichstag miniature plansRussian Politics & Diplomacy February 24, 16:32
Iraq's PM orders airstrikes on IS positions in SyriaWorld February 24, 16:09
Nord Stream 2 financing model to be ready by year end - OMVBusiness & Economy February 24, 13:44
Churkin left bright mark in history of Russian diplomacy, Lavrov saysRussian Politics & Diplomacy February 24, 12:20
TORONTO, March 9. /TASS/. US-Canadian mining company Amur Minerals intends to develop the infrastructure and create new jobs in Russia’s Amur region, chairman of the company’s board of directors Robert Schafer said at the annual Eurasian mining conference sponsored by the Canadian Business Association in Russia and Eurasia (CERBA).
In particular, according to him, Amur Minerals intends to invest in the construction of a 320 km road from the Kung-Magnier area to the BAM (Baikal-Amur Mainline), as well as to build new power plants and an industrial hub between the Gorny and Ulak settlements.
This will create more than 1,000 of jobs for local residents, he said.
Shafer did not name the amount and timing of investments.
He also added that the company is ready to continue to work in Russia despite the world's economic problems and political relations between Russia and the West.
He said that Russia is open for business and the Russian government keeps its promises.
Amur Minerals Mining Company specializes in the production of non-ferrous metals in Russia’s Far East. The company’s main asset is the Kung Magnier mine in the Amur region. The mine’s reserves are estimated at 830,000 tonnes in the nickel equivalent.