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Oil production
Gas production
Coal mining
Diamond mining
Main article: Diamonds (Russian market)
Silver mining
Copper mining
Main article: Copper mining and production
Uranium ore mining
2023
2022: World No. 6 in uranium mining with 2,500 tons
Digitalization of the field of mining in Russia
2023: Russia adopted a law on the digitalization of the sphere of occurrence of minerals
On December 5, 2023, the State Duma adopted amendments to the Law "On Subsoil" of February 21, 1992, which provide for the digitization of the occurrence of minerals. In accordance with document No. 222049-8, all natural resource reserves and distributed subsoil resources will be displayed on a special interactive map.
The Federal Subsoil Use Agency (Rosnedra) will create an additional section on its website with maps (schemes) on which mineral deposits will be displayed in relation to land and areas located outside the borders of settlements. Thus, developers will be able to independently find out whether there is a mineral deposit under the planned construction site or not.
The new system simplifies the preparation of the necessary documents. Previously, before the start of construction work, companies had to receive a certificate from Rosnedra stating that there was no distributed fund under the site of mineral reserves or subsoil plots. It took up to 15 days. After the appearance of interactive maps, developers will be able to receive an extract automatically online, attaching it to the permits. A special permit for development will be required only if the object falls into the zone of occurrence of minerals or the boundaries of existing licenses.
Information for the creation of maps will be provided by authorized executive authorities of the constituent entities of the Russian Federation in electronic form using a single system of interdepartmental electronic interaction and regional systems of interdepartmental electronic interaction connected to it. This will allow you to regularly update information in the database and update maps. The implementation of the platform will significantly reduce the burden on Rosnedra employees.[1]"
Chronicle
2024
Disclosed expenses for the development of the Bogatyr field - 133.5 billion rubles
The development of one of the largest anthracite deposits in Russia "Bogatyr" begins. This became known in October 2024. Read more here.
Rosatom opened the largest gold reserves in Russia since 1991
Rosatom has opened the largest gold reserves in Russia since 1991. We are talking about the Sovinoye deposit in Chukotka, where more than 100 tons of precious metal are located. This was reported in the state corporation in mid-January 2024.
A mining cluster was created on the basis of the Sovinoye field, for this the Rosatom division has already invested more than 1 billion rubles. Drilling operations took place all year round in conditions of continuous permafrost. Specialists managed to drill 123 wells more than 32 km long.
Vyacheslav Galaktionov, General Director of Elkonsky MMC (quoted by the ARMZ press service), said that by the end of 2028, Sovin will launch mining and processing production. There are plans to produce from 3 tons of gold per year.
We see prospects for expanding the entire mining cluster in the Chukotka Autonomous Okrug, he said. |
In November 2023, ARMZ and the Chukotka government signed an agreement on cooperation in the development of Soviny and the creation of an energy industrial cluster in the region. The press service of the region then reported that the volume of capital investments of the investor in the project would be about 20 billion rubles. Sergei Grishunin, Managing Director of the NRA Rating Service, notes that such projects in Russia are on average 20-30% more expensive than the original plans, so an estimate of 23-27 billion rubles seems more realistic.
Rosatom noted that to provide the production site with electricity, the ASMM construction project will be implemented. The nuclear power plant will also provide power to adjacent ore fields and the Leningradsky residential village. The thermal capacity of the reactor will be 35 MW, which will ensure the generation of up to 10 MW of electricity. The life of the power plant is 60 years.
The Sovinoye deposit of the Ryweemsky ore field, together with the Dor ore field, is part of the Pilkhinkuul-Ryweemsky gold-bearing junction located in the northern part of the Chukotka Autonomous Okrug off the coast of the Chukotka Sea.[2]