There are some notable recent developments and pending initiatives in Russia’s subsoil use sphere as 2020 unfolds. Split licenses for hard-to-recover resource blocks. Russia’s subsoil use legislation was amended in December 2019 to allow the splitting of licenses for hard-to-recover resources. These amendments aim to stimulate technologies for extraction of hard-to-recover resources (primarily hydrocarbons). There ... 
Russian Mineral Resource Projects: New Legal Developments
Anastasia Bogdanova | January 17, 2020
There are some notable recent developments and pending initiatives in Russia’s subsoil use sphere as 2020 unfolds. Split licenses for hard-to-recover resource blocks. Russia’s subsoil use legislation was amended in December 2019 to allow the splitting of licenses for hard-to-recover resources. These amendments aim to stimulate technologies for extraction of hard-to-recover resources (primarily hydrocarbons). There ... 
An undeniable and ongoing rebound in commodity prices could take global mining spending in exploration up to as much as $21 billion by 2025, a level of funding last seen in 2012 according to S&P Global Market Intelligence, but which is necessary to sustain the industry’s growth, mining.com noted. While prognosticating that far into the ...