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Vol 179
Pages:
250-257
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RUS
Article

Financing of geological exploration works in Russia and foreign countries

Authors:
A. A. Fedchenko
About authors
  • G.V. Plekhanov Saint Petersburg Mining Institute
Date submitted:
2007-12-30
Date accepted:
2008-02-08
Date published:
2008-12-29

Abstract

Russia has a large mineral resource base. Proven reserves and resources are estimated very high. There was a drastic reduction of geological investigations and explorations in last 15 years. The main reason of this was a lack of investments. Production volumes of many minerals have not been renewed with researches and exploration for a long time. In this article the sources of investment, measures of state support including legislative, tax policy are under consideration. It will help to develop a mechanism inciting companies investment activity for prospecting and exploration of mineral deposits.

Область исследования:
(Archived) Russia in the system of world economic relations and foreign experience in MBC a
Funding:

None

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