Diamonds, Uranium

Russia to get opportunity to mine diamonds in CAR

The situation in the CAR after initialing a peace agreement between government representatives and militant groups will gradually return to normal, and Russia will have the opportunity to participa

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Russia:Access to subsoil becomes easier for investors

The Government has allowed Russian investors to conduct geological exploration and production at areas of federal importance till the completion of prospecting. Previously, companies had to wait for five years until prospecting licenses would expire, and ask for permission to develop from the Government. Market participants support the changes, hoping to benefit from projects earlier. The access to strategic areas for foreign investors is limited for a while, but the Ministry of Natural Resources plans to simplify it too.
On October 28, the Prime Minister Dmitry Medvedev signed a decree (published on Tuesday), according to which Russian companies are entitled to conduct geological exploration and production at areas of federal subsoil before the completion of geological study. According to the explanatory note, the decision removes the contradictions between regulations, which defined this order in different ways: the regulation, approved by the Government in September 2008 and Article 6 of the Federal Law "On Subsoil". The decree also introduces a mechanism for attributing subsoil users to Russian or foreign ones through submission of documents to Rosnedra and the FAS. Now companies, controlled by foreigners, can obtain access to strategic fields with the permission of the Government.

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By 2016, Petersburg complex mining party to finish works at South Ladoga area

Specialists of Petersburg complex geological expedition (PKGE, a part of Rosgeologiya) have began the final stage of field work at the South Ladoga area in the Leningrad region, Rosgeologiya reports.
Audit of available data on different minerals of the territory has been already performed. As part of the evaluation of the prospects for diamonds and precious metals heavy mineral concentrate sampling of the northern part of the area, which remained a "white spot", was carried out. The works enabled to make a complete map of distribution of placer minerals- diamond satellite at the area; it will enable to rationally plan subsequent exploration.

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RosGeo prospects uranium in the Leningrad region

RosGeo represented by the geological and surveying party of the St. Petersburg geological expedition has started field exploration for diamonds, uranium and precious metals at the perspective Southern-Ladoga site in the Leningrad region. They are going to complete that in Q4 2015.
The company performs the work under the state mandate within the state program ‘The reproduction and use of mineral resources’ closed under the tender results in 2013. The specialists will design the state geological map on the scale 1:200 000 oriented to satisfying of the needs of economic and social development of the different regions of the state.

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New Enhancements to Rusmininfo,full story selector available in Russian

Rusmininfo is pleased to announce some further enhancements to the news service.This week we have launched a full story selection system in Russian so now every user can select the news they want to receive according to their exact parameters in both Russian and English for full e-mail alerts.
To set up your new selections please log in and click on 'My News Alerts' then use the drop down menu and click on the companies,countries and sectors you want to receive news on.
If you have mislaid your log in details please e-mail [email protected]
Best Regards
Rhod Mackenzie
Managing Director

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