07
November
2005
General Director of IFC Metropol, Mikhail Slipenchuk, addressed an international business conference - Russia And The Republic Of South Africa – Business In The Developing Markets – on November 6, in Cape Town.
The conference was organised ahead of the
scheduled visit of Russian President Vladimir Putin to the Republic
of South Africa in 2006. The aim of the conference was to develop
and harness international business cooperation in the areas of
trade and investment between Russia and the Republic of South
Africa, in view of opportunities given by integration within the
South Africa Economic community and the Eurasian Economic
Community.
Representatives from the Russian Government, the
Presidential executive office, the Russian business community, as
well as delegations from Brazil, India, the G8, and international
financial institutions, were among the participants of this
prestigious forum.
General Director Mikhail Slipenchuk told foreign
and Russian partners about IFC Metropol’s experience in the raw
materials sector, providing East-Siberian Metals Corporation as an
example. He emphasised that companies affiliated with IFC Metropol
won the tenders for the exploitation of zinc, lead, gold and
beryllium mines in Buryatia Republic. At present, subsidiaries of
IFC Metropol are preparing for the extraction of these raw
materials.
Mikhail Slipenchuk also said that the Russian
Natural Resources Ministry had awarded licenses to explore the
Taloveys deposit in Karelia, where the prognostic gold reserves are
estimated at 13.85 tones. The company is ready to develop the
mine.
