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электронный журнал "Новые исследования Тувы"

Chinese Zijin to Invest US$100 million in a Project in Tuva

China`s second largest gold miner, Zijin Mining Group is seeking other overseas copper acquisitions after its takeover of Monterrico Metals in Peru to help provide raw materials for a proposed copper smelter. The company is also planning in invest US$100 million in a lead and zinc project in Tuva.

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Chinese Corporation Ready to Invest over $200 bln to the Ore Development in Tuva

Chinese international corporation 'Lunsin' signed an agreement with the Government of the Republic of Tuva on development of the Kyzyl-Tashtyg polymetal ore field in Tuva. Alexandr Brokert, first deputy prime minister, signed it in Moscow from the Tuvan part. He said that the project involves the construction of an enrichment plant at the field, and will resolve the problem of transport infrastructure and electricity supplies to the remote Todja district. The signing ceremony took place within the official opening of the Year of China in the Russian Federation.
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Dina Oyun

Tuvan Railway Received State Support

The Russian government has thought of a way to make the Republic of Tyva free of subsidies from the federal budget. All it takes to make it happen is to build 460 km of the Kyzyl-Kuragino railway. Today the commission on investment projects of national importance agreed to allocate R30bn [about 1.1bn dollars at the current rate of exchange] from the investment fund for the construction.

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Norilsk Nickel Finds Cooperation with Tuva Promising

Maxim Finksi, Norilsk Nickel negotiator with Tuva Norilsk Nickel delegation, headed by Deputy Director General Maxim Finsky, visited the Republic of Tuva Monday. The aim of their visit was to discuss joint projects with local authorities. In particular, the company intends to develop Ak-Sug copper and molybdenum deposit after Norilsk Nickel's affiliate Golevsk Mining and Ore Company Ltd won the right for the deposit development December 15, 2006, offering the once-only payment of $2 m.
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Tuvan Budget Submitted to Tuvan Parliament

Tuvan Prime-Minister Sherig-ool Oorzhak. Photo by Government press-service Tuvan Prime-Minister Sherig-ool Oorzhak signed a budget draft bill which would be handed over for the consideration and adoption to the Great Khural Chambers. Overall budget spendings would make 9462.8 billion ruble (appr $364,953,846) with the revenues standing at 9177,5 billion ruble (appr $352,980,769). Tuva's proper revenues will make 27 per cent of the budget and the rest will be donated from Moscow.
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Dina Oyun

Tuvan Only Airport Closed

The only airport of the Republic of Tuva has been today closed down for an uncertain period of time. External and domestic flights have been canceled at Kyzyl Airport. As cites KrasAir spokesperson Anna Segreneva, this decision was made by Federal Air Transport Agency. "Kyzyl airport's aircraft operator certificate has expired, so it cannot continue its work," she said.
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Dina Oyun

Average Salary in Tuva $300

Socioeconomic development of Tuva for the 11 months of 2006 was under consideration at the Republican Government session. Deputy economics minister Chingis Bady said that the per capita income in Tuva has grown by 17% and the average salary stands at 8850 rubles (appr $300). Correspondingly trade turnover has grown by 19%.
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Dina Oyun

Gazprom, Tyva Administration Sign Cooperation Agreement

Gazprom CEO Alexei Miller and Prime Minister of the Republic of Tyva Sherig-ool Oorzhak have signed a cooperation agreement, the Prime Tass economic news agency said on Tuesday quoting the company’s press release.
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Tuvan Vice-Prime-Minister to Sign Agreement in China

alt China and Russia signed eight agreements in Beijing on Thursday to boost bilateral investment, trade, and technical cooperation. The signing of the agreements, covering sectors such as trade, energy, car production, and the development of infrastructure, marked the beginning of the third Sino-Russian Investment Promotion Week, in which over 600 representatives of Russian and Chinese companies take part.
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Dina Oyun

Kyzyl-Kuragino Railway Project Approved by Investment Commission, But with Doubts.

The Kuban-2006 International Economic Forum has opened in Sochi, promoted by Russia as a future Olympic games capital. Within its framework a selection of development projects to be financed from the Investment Fund has been made by the Investment Commission. Yesterday the forum made a decision to recommend to the Governmental Commission two out of the three projects under discussion.
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Dina Oyun
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