ASPECTS OF GOLD MINING IN INTERACTING REGIONS (on the example of participants in the “Yenisei Siberia TRC”)

2020 ◽  
Vol 3 (12) ◽  
pp. 125-129
Author(s):  
S. P. MONGUSH ◽  
Keyword(s):  
Statistical Analysis ◽  
Gold Mining ◽  
Legal Framework ◽  
Financial Resources ◽  
Negative Aspect ◽  
Development Trends ◽  
Mining Companies ◽  
Gold Market ◽  
Processing Information ◽  
Strategic Goals

The article presents the results of the study of the gold market, taking into account the analysis of development trends, developed proposals for determining the optimal aspects of the work of gold mining companies in the Russian reality. methods of collecting and processing information, statistical analysis were used. The factors and reasons hindering the development of gold mining are described. The directions of achieving the strategic goals of the industry are reflected. it is concluded that the state needs to strengthen the legal framework and simplify the mechanism for obtaining licensing, but the main negative aspect is the lack of financial resources.

Egypt gold mining boom comes with risks for investors

2021 ◽  
Keyword(s):  
Gold Mining ◽  
Service Providers ◽  
Legal Framework ◽  
Mining Sector ◽  
Specialist Service ◽  
Content Type ◽  
Mining Companies ◽  
The Government ◽  
Petroleum Sector ◽  
The Military

Significance The government is prioritising expansion of the mining sector, including attracting foreign investment, after many years of neglect. However, the military's increasing dominance of parts of the economy, including the mining sector, creates risks, especially for foreign investors. Impacts The Egyptian bureaucracy and lack of specialist service providers will create obstacles for private sector investors. There is no immediate prospect of a legal framework to govern business relations between the military and international mining companies. Investors will not face the same credit risk in the mining sector as operators in the petroleum sector face.

When the Gold is Gone: Reporting of Asset Retirement Obligations for the Ultimate Cleanup of Closed Mining Operations

2010 ◽  
Vol 10 (1) ◽  
pp. 57-87 ◽  
Author(s):  
Paula A. Wilson ◽  
Fern Zabriskie
Keyword(s):  
Financial Reporting ◽  
Environmental Protection Agency ◽  
Gold Mining ◽  
The United States ◽  
Financial Resources ◽  
Mining Operations ◽  
Mining Companies ◽  
Exit Costs ◽  
Simple Ratio ◽  
Hardrock Mining

ABSTRACT: Hardrock mining companies contribute positively to the U.S. economy. However, they also cause serious degradation to the surrounding environment. According to the Environmental Protection Agency, hardrock mining companies are among the greatest polluters in the United States. Mining companies are responsible for satisfying legal obligations arising under environmental laws that include cleanup and exit costs for all mines shut down. These environmental liabilities are called asset retirement obligations and under FAS No. 143, U.S. mining operators are required to recognize their asset retirement obligations upon acquisition or construction of their mines. In this paper, we examine the financial reporting for asset retirement obligations for gold mining companies. Based on a simple ratio analysis, it appears that top U.S. gold mining operators have sufficient financial resources to meet their future asset retirement obligations. However, when we conducted sensitivity analysis to exclude intangible assets and to adjust the value of the asset retirement obligations, we found that firms are not likely to have sufficient financial resources to meet their obligations. Current financial assurance mechanisms do not consistently and effectively result in firms meeting their asset retirement obligations. As a result, U.S. taxpayers can be left with the costs of cleanup and reclamation.

scholarly journals The precious metals as a segment of the financial market

2020 ◽  
Vol 19 (2) ◽  
pp. 100-107
Author(s):  
Eduard Barinov
Keyword(s):  
Financial Market ◽  
Gold Mining ◽  
Precious Metals ◽  
Central Banks ◽  
The State ◽  
Mining Companies ◽  
Gold Market ◽  
Global Center ◽  
Production Demand

The article discusses the state of the precious metals market. The main focus is on the gold market, namely, production, demand, and prices. The role of Central banks in the precious metals market is noted. The state of the gold market in certain Western countries is analyzed. The role of London as a global center of gold is noted. The gold market in Russia is considered separately: the production of precious metal, the role of banks, the country,s Central Bank, and gold mining companies. Data on the state of the silver, platinum and palladium markets are provided.

scholarly journals Methodology and methods to assess library innovations efficiency: An approach proposal

2021 ◽  
pp. 15-26
Author(s):  
E. N. Guseva
Keyword(s):  
Financial Resources ◽  
Social Significance ◽  
Global Sustainability ◽  
Suggested Procedure ◽  
Russian State ◽  
Innovative Management ◽  
The World ◽  
Strategic Goals ◽  
The Innovative Management ◽  
State Library

The innovative management today is to promote and support organizational strategic goals through the rational use of material, labor and financial resources. The main goal of innovative management in libraries is to build the management system which enables focused search of options, development and implementation of novelties to increase the library’s competitiveness and sustainability and, in its turn, the sustainability of the environment. The specific features of innovations in the library and information sphere are as follows: comparatively rare radical while frequent modernizing innovations; consistency and systemacity (change in any element inevitably changes the library system overall); irreversibility. To assess the value of library innovations, the author suggests to apply the following criteria (characteristics) correlated with the world experience: innovative relevance, financial effectiveness, cultural efficiency, social significance, global sustainability. Each criterion has its own weight while the expertise has to be accomplished within the suggested procedure. This methodology enables to assess the library knowledgeably. It was tested thrice by expert teams – participants in the All-Russia Contest of Library Innovations initiated by the Russian State Library in 2013, 2015, and 2019.

Ecological Tourism In Uzbekistan

2021 ◽  
Vol 03 (02) ◽  
pp. 93-100
Author(s):  
Sherakhon Jurakhonovich Khashimov ◽  
Keyword(s):  
Legal Framework ◽  
Development Strategies ◽  
Legal Basis ◽  
Development Trends ◽  
Factors Affecting ◽  
Management And Development ◽  
Tourism Resources ◽  
The Rich ◽  
Ecological Tourism

The article analyzes the theoretical and practical issues of ecological tourism in Uzbekistan, its development strategies and problems, legal basis, development trends and factors affecting it. Issues of management and development of the potential of ecological tourism resources in Uzbekistan, formation of the infrastructure of ecological tourism, strengthening its legal framework were analyzed. Information was also given about the rich ecotouristic facilities of Uzbekistan and the work carried out in the field of their improvement.

scholarly journals Migration, housing and attachment in urban gold mining settlements

Urban Studies ◽  
2018 ◽  
Vol 56 (13) ◽  
pp. 2670-2687 ◽  
Author(s):  
Katherine V Gough ◽  
Paul WK Yankson ◽  
James Esson
Keyword(s):  
Gold Mining ◽  
Qualitative Data ◽  
Social Dynamics ◽  
Mining Companies ◽  
The Social ◽  
Wide Range ◽  
Heterogeneous Nature ◽  
Urban Settlements ◽  
Mining Towns

Mining settlements are typically portrayed as either consisting of purpose-built housing constructed by mining companies to house their workers, or as temporary makeshift shelters built by miners working informally and inhabited by male migrants who live dangerously and develop little attachment to these places. This paper contributes to these debates on the social and material dynamics occurring in mining settlements, focusing on those with urban rather than rural characteristics, by highlighting how misconceived these archetypal portrayals are in the Ghanaian context. Drawing on qualitative data collected in three mining settlements, we explore who is moving to and living in the mining towns, who is building houses, and how attachments to place develop socio-temporally. Through doing so, the paper provides original insights on the heterogeneous nature of mining settlements, which are found to be home to a wide range of people engaged in diverse activities. Mining settlements and their attendant social dynamics are shown to evolve in differing ways, depending on the type of mining taking place and the length of time the mines have been in operation. Significantly, we illustrate how, contrary to popular understandings of incomers to mining settlements as nomadic opportunists, migrants often aspire to build their own houses and establish a family, which promotes their attachment to these settlements and their desire to remain. These insights further scholarship on the social and material configuration of mining settlements and feed into the revival of interest in small and intermediate urban settlements.

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