Russian gold mineral resources: advantages, features, problems

Описание: Damir Vildanov – PhD student, Department of Geology, Geochemistry and Mineral Economics, Faculty of Geology, Lomonosov Moscow State University, Head of the Youth Scientific Community «GS Junior».

Lecture in English.

Gold, as it was thousands of years ago, is a constant object of interest of modern society. And, as before, it is not only an important status attribute, but also an effective financial instrument, especially relevant in the modern era of political and economic instability. In recent years, Russia has been a confident leader in the gold market, taking the first place in reserves and the third place in production among other countries. The rapid growth of Russian gold mining in the XXI century demonstrated a significant interest of private companies in this metal, but the rapid development of the industry brought with it problems with gold mineral resources base. The formal nominal calculation of gold reserves and resources, which is actively used in most statistical analyses of the industry, misses an important detail of the mineral resource base of this precious metal, namely, its structure and uneven rates of depletion.