Prospects for the development of the Russian shale industry based on the innovative projectThe article reviews the current problems of development of the diamond mining industry in Russia against the background of changes in the diamond market related to the level of availability of mineral resources, legislative innovations, corporate strategies, competitive struggle and redistribution of sales markets, on the part of non-economic forces on the development of the industry. Possible measures to influence the new trends are assessed. Recommendations are given on the framework formation of a long-term development strategy for diamond mining companies in modern conditions.
The technique of distribution of the planned expenses on management of investment risks of the industrial enterprise on expenses on reduction and insurance of risks is considered. The methodology is based on the principle of dependence of the assumed method of management on the affiliation of a separate identified risk to an aggregated group of risks affecting the dissimilar cash flows of the investment project, allows to determine the economically acceptable risk by conditional dependence of the risk function dynamics on the objectively irreducible residual risk. It can be used at production enterprises in order to ensure the economic acceptability of risk management costs and residual risk losses.
The article offers a methodology for assessing the unique competitive risks of the diamond mining industry: the environmental competitive risk and the competitive conflict risk. These risks become especially relevant for diamond mining companies operating in the conditions of intensified competition on the global diamond market, more complicated global military and political situation associated with armed conflicts and terrorist acts, deterioration of environmental parameters and increased consumer attention to the environmental quality of products. The proposed methodology is based on an indirect statistical-probabilistic method of calculating the estimated risk, the nature and complexity of which do not allow applying a direct calculation. The risk indicators obtained are different for individual national jewelry markets and for different diamond mining companies.
