"Alrosa" is scheduled for the implementation of innovative development programs in the years 2016-2023 to 14.5 billion rubles, the company said.
The main efforts in the implementation of the program will be aimed at increasing the effectiveness of exploration work at the expense of new exploration methods and search.
Among the program's objectives and the development of geotechnology field improvements, updating the regulatory framework of mining operations (development of the national standard), as well as finding new applications of diamonds in promising industries.
The expected results of innovative activities in 2023 will reduce the cost of production in the revenue from sales, increase energy efficiency and environmental friendliness by reducing a consumption of clean water and greenhouse gas emissions in CO2 equivalents, increase productivity, also said in a statement.
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India retained its leading position in gold consumption in the world's second consecutive year in 2015. Consumption of gold jewelry in the country reached a record 703 tonnes.
ReplyDeleteAccording to the latest survey by GFMS conducted Thomson Reuters market of gold in 2015, the total investment and retail demand for gold in India rose by 6% in 2015, to 890 tons. Over the past four years, this is the second best result.
"This relatively small nominal increase in demand, which occurred in spite of the fall in prices (for gold) by an average of 6% may be due to weak rainfall in the monsoon season in some of the largest regions in terms of gold consumption in the east and north of India", - the report says .
According to the survey, in 2016 consumption of gold in India will continue to grow for two reasons: because of cheapening of the rupee against the US dollar, as well as due to changes in expectations about the future price of gold. Probably, consumers will be the fact that the price of gold in rupees reached the bottom, and may soon begin to grow, the report says.
Meanwhile, in a survey said that the demand for gold in the first quarter of 2016 is likely to be weak. Market participants expect that as part of the February budget hearings India will be announced on the reduction of import duty on gold.