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.
