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

Marina Nevskaya (), Sergey Seleznev (), Vladimir Masloboev (), Elena Klyuchnikova () and Diminriy Makarov ()
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Marina Nevskaya: Saint Petersburg Mining University
Sergey Seleznev: LLC “Corporatziya Mayak”
Vladimir Masloboev: Kola Science Centre Russian Academy of Science
Elena Klyuchnikova: Institute of Industrial Ecology Problems in the North, KSC RAS
Diminriy Makarov: Institute of Industrial Ecology Problems in the North, KSC RAS

Mineral Economics, 2021, vol. 34, issue 1, No 7, 86 pages

Abstract: 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.

Keywords: Anthropogenic mineral resources; Mining waste processing; Economical effectiveness; Small- and medium-sized mining businesses; Legislation (search for similar items in EconPapers)
Date: 2021
References: View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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DOI: 10.1007/s13563-020-00222-7

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