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August 8th, 2011
UN Approves Russian Exploration of Atlantic Ocean

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The United Nations has approved Russia’s request to explore one of the world’s largest untapped copper and gold deposits on the Atlantic Ocean bed, with reserves five to 10 times higher than that of onshore fields, Kommersant business daily said on Friday. “The development of the world ocean’s bed is a large geopolitical project to protect Russian interests as a leading raw materials state,” a Foreign Ministry source told the paper. Read More