Main problems of institutional subsurface resources management in the Russian potash industry
About authors
- 1 — Ph.D., Dr.Sci. Professor Saint Petersburg State Mining Institute (Technical University)
- 2 — Ph.D. Associate professor Saint Petersburg State Mining Institute (Technical University)
Abstract
There is no theoretical basis of the structure and directions for optimization of institutional systems of use of subsurface resources in Russia. The institutional system of subsurface resource management includes: legislation; financial support mechanisms for reproduction of raw material base measures; economic mechanism of subsurface resource management and environmental protection (such as bidding rights of using subsoil); programs for mineral prospering; taxation of mining companies; further development of licensing; audits; creating a reserve stock of minerals.
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