The Methodology to Calculate the Investment Potential of Mineral Resource Base in the Areas of New Development

DOI

10.2991/iscfec-18.2019.23How to use a DOI?

Keywords

geological and economic monitoring, mineral resources, regional economy, reserve classification, investment potential, mineral resource potential.

Abstract

In the current situation, the problem of economic efficiency increase of geological exploration aimed to identify and to explore mineral deposits, as well as to develop discovered deposits, remains acute. One way to solve this complex problem is to conduct geological and economic monitoring in regions and at the national level. However, in the context of limited funding for geological exploration programs and the reproduction of mineral resource base, the issue of priority areas identification for the development of regional mineral resource base that could become catalysts for the growth of region's economy is becoming topical. This is especially important for regions rich in mineral and raw materials resources, for which the natural and geographical factor is crucial for the specialization of regional industry, but at the same time that are poorly developed and covered, primarily in the infrastructural plan. The purpose of this article is to develop a methodology to calculate the investment potential of mineral resource base in the areas of new development. The method to achieve this goal is the development and use of an integral indicator of subsoil investment potential, adjusted by indicators of infrastructure coverage of the territory with the use of scoring expert assessments. As a result, a methodology was developed to calculate investment potential, taking into account a set of indicators for the expert assessment of infrastructure coverage, which was tested in the most difficult region in terms of assessment – the Republic of Sakha (Yakutia).

Copyright

© 2019, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - V. S. Dadykin
PY  - 2019/01
DA  - 2019/01
TI  - The Methodology to Calculate the Investment Potential of Mineral Resource Base in the Areas of New Development
BT  - Proceedings of the International Scientific Conference "Far East Con" (ISCFEC 2018)
PB  - Atlantis Press
SP  - 102
EP  - 105
SN  - 2352-5428
UR  - https://doi.org/10.2991/iscfec-18.2019.23
DO  - 10.2991/iscfec-18.2019.23
ID  - Dadykin2019/01
ER  -