Analysis and possible solutions to modern problems of subsoil use
About authors
- 1 — Professor G.V. Plekhanov Saint Petersburg State Mining Institute
- 2 — Student G.V. Plekhanov Saint Petersburg State Mining Institute
Abstract
Among the main problems of subsoil use in Russia at the present time are the drop in production volumes and the reduction of geological exploration works. Insufficient financing of the regions, reduction of opportunities and interest of large mining companies to carry out exploration works make it urgent to increase efficiency of methods of state stimulation and improvement of legislation in order to strengthen the rent principle in taxation and attract small enterprises and foreign investors to the mining business.