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Involving small and medium-sized mining industry businesses in mining waste processing in the Russian Federation.

Authors :
Nevskaya, Marina
Seleznev, Sergey
Masloboev, Vladimir
Klyuchnikova, Elena
Makarov, Diminriy
Source :
Mineral Economics: Raw Materials Report. Apr2021, Vol. 34 Issue 1, p81-86. 6p.
Publication Year :
2021

Abstract

Processing of mining waste can be both cost-effective and environmentally friendly. Smaller mining waste stocks containing valuable components, such as non-ferrous metals (anthropogenic mineral resources), may be of interest to small- and medium-sized businesses. However, anthropogenic waste processing projects are rare in the Murmansk Region, Russia, despite the huge accumulated waste stocks. This study shows that the statutory requirements that currently apply in Russia to the development of anthropogenic mineral resources are excessively stringent. The existing regulatory framework prevents small- and medium-sized businesses from implementing mining waste processing projects, since the required procedures are costly and take time to complete. Time is a critical resource for small- and medium-sized enterprises (SMEs), which generally undertake investment projects only during periods of high commodity prices. In addition, the grade of the mining waste and its process properties deteriorate with time. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
21912203
Volume :
34
Issue :
1
Database :
Academic Search Index
Journal :
Mineral Economics: Raw Materials Report
Publication Type :
Academic Journal
Accession number :
148889707
Full Text :
https://doi.org/10.1007/s13563-020-00222-7