"We value the company and in making fundamental decisions are always based on the interests of ALROSA", - Egor Borisov said, stressing the importance of social responsibility of the group companies.
Sergei Ivanov thanked the head of Yakutia for the warm welcome. "We understand what role the company plays in the life of Yakutia, to respect the history and traditions of the country, as well as to the mission of" ALROSA ", aimed at the social development of the region", - said Sergei Ivanov.
Speaking about the priorities of the development of Yakutia Yegor Borisov particularly drew attention to the importance of supporting local production and employment of the population resident in the territory of the republic. In addition, the head of Yakutia has placed emphasis on the issues of environmental security, including protection Viluy Basin, outlined the urgency of building the power line Peace - Suntar - Nyurba - Nakyn.
The meeting discussed in detail the preliminary results of financial and economic activity of the ALROSA Group companies for 2016 and plans for 2017, discussed the issues of fulfillment of obligations between the republic and the group of companies ALROSA.
This, in particular, was the introduction of innovative methods and activating search of geological exploration for alluvial and primary diamond deposits in the Republic of Sakha (Yakutia), the strengthening of control over compliance with the requirements of occupational health and safety, the need for expansion and reconstruction of cement plant AO "Yakuttsement" for the needs of "ALROSA".
There was discussion of the joint comprehensive environmental studies of natural environment in the area affected objects Udachninsky GOK, Mirny Mining and Verhnemunskogo field. The sides also agreed to strengthen co-operation with the federal government on the issue of resettlement of citizens from the Far North.
Summing up the meeting with the leadership of the republic, the president of "ALROSA", Sergey Ivanov said that constructive engagement with the government of the republic to avoid the negative effects of possible fluctuations in the market.
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Gold bond scheme the Indian government received a positive response from investors, said Secretary of the Ministry of Economy of India Shaktikanta Das (Shaktikanta Das) after Indian authorities decided to postpone the date of issue of securities on the background of a large number of applications. According to Das, "in the first tranche of the gold bond scheme 63 000 applications for 917 kg of gold was produced. The excellent feedback on product innovation."
Meanwhile, other schemes of gold monetization, launched by the Indian government, for example, the gold deposit scheme, are not widespread in the country. Official representatives of the industry pointed out that the gold deposit scheme has attracted only 400 grams of gold of more than 20 000 tonnes stored at the hands of the Indian population.
Gold bond scheme the Indian government suggests that authorities issue bonds instead of buying physical gold. Although the document is assumed that the bonds will yield about 2% of the interest income, the actual interest rate will be determined by the market.
Meanwhile, the Indian authorities have not yet announced a second tranche of the gold bond scheme.
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