Translartion. Region: Russians Fedetion –
Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article.
Dmitry Patrushev held a meeting dedicated to the subsoil fund management system
Dmitry Patrushev held a meeting dedicated to the subsoil fund management system
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Dmitry Patrushev held a meeting dedicated to the subsoil fund management system
Deputy Prime Minister Dmitry Patrushev held a meeting dedicated to the subsoil fund management system. The Deputy Prime Minister discussed with the heads of relevant departments the factors influencing the high-quality and full implementation of mineral extraction licenses by subsoil users.
“Mining is one of the leading sectors of our country’s economy. At the same time, uninterrupted mining requires continuous exploration and prospecting. This is the only way to guarantee sufficient reserves in the future. Despite the fact that the conditions for obtaining licenses are clearly regulated by law, practice shows that a number of companies do not fully fulfill their obligations. To improve existing mechanisms, it is necessary not only to use direct regulation, but also to set up economic incentive instruments so that companies have an interest,” said Dmitry Patrushev.
The meeting discussed the effectiveness of the application procedure for issuing licenses for geological exploration of subsoil. Since the launch of such a mechanism in 2014, companies have invested about 100 billion rubles, about 700 deposits have been discovered, and reserves of key types of resources have increased. However, a negative consequence has been cases of companies obtaining licenses without the necessary capital and competencies. The Ministry of Natural Resources and Rosnedra will have to assess the current mechanism for each type of mineral resource.
Dmitry Patrushev emphasized the need to improve the efficiency and coverage of monitoring the use of licenses, as well as the digitalization and automation of industry processes in this area.
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