On Sunday, representatives of all five BRICS countries signed a memorandum of understanding on joint development of the Kluchevskoye gold ore field which will be the first joint investment project of the association, says the press-release of the Indian SUN Gold. The document was signed by the representatives of SUN Gold, China National Gold Group, Far East Development Fund, Trans AFRICA Capital and by the Brazilian investor Antonio Moraes Neto on the margins of the BRICS summit in Goa.
The first rail terminal for exporting Siberian grain to China will be completed at the largest border checkpoint between Russia and China in Zabaykalsk by 2018. More than $60 million is required in investments for the project, according to Zabaykalsk Grain Terminal CEO Karen Ovsepyan
The Heilongjiang joint stock company Xingbang completed the construction of a wood mill in the Mogochinsky District of the Zabaikalsky Territory, investing 3.2 billion rubles in the project, as the ministry of natural resources and industrial policy of the region told on June 16.