State of gold mining industry in the Republic of Sakha (Yakutia) in the period of sanctions and restrictions
The gold mining industry is one of the strategic sectors of the Russian Federation's economy. It plays an important role in the socio-economic development of Russia and its constituent entities. The Republic of Sakha (Yakutia) is one of the leading gold mining regions of Russia. Recent changes...
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ftdoajarticles:oai:doaj.org/article:1ba5502984be4ec4a902241617c60b55 2023-11-12T04:25:17+01:00 State of gold mining industry in the Republic of Sakha (Yakutia) in the period of sanctions and restrictions Nikiforova Valentina 2023-01-01T00:00:00Z https://doi.org/10.1051/e3sconf/202343103002 https://doaj.org/article/1ba5502984be4ec4a902241617c60b55 EN FR eng fre EDP Sciences https://www.e3s-conferences.org/articles/e3sconf/pdf/2023/68/e3sconf_itse2023_03002.pdf https://doaj.org/toc/2267-1242 2267-1242 doi:10.1051/e3sconf/202343103002 https://doaj.org/article/1ba5502984be4ec4a902241617c60b55 E3S Web of Conferences, Vol 431, p 03002 (2023) Environmental sciences GE1-350 article 2023 ftdoajarticles https://doi.org/10.1051/e3sconf/202343103002 2023-10-22T00:41:57Z The gold mining industry is one of the strategic sectors of the Russian Federation's economy. It plays an important role in the socio-economic development of Russia and its constituent entities. The Republic of Sakha (Yakutia) is one of the leading gold mining regions of Russia. Recent changes caused by political and economic events that occur in the global and domestic gold markets are of great interest to researchers. This article examines the consequences of the US and EU sanctions on Russian gold in 2022, reveals the level of impact of sanctions on the development of the gold mining industry of the Republic of Sakha (Yakutia) and the country as a whole. For this purpose, the analysis of the world gold market, the current state of the gold and foreign exchange reserves of the Russian Federation compared to other countries, the resource potential of gold mining companies in the region, and the prospects for its replenishment are evaluated. It is revealed that the US and EU sanctions on Russian gold for gold mining companies can cause mainly temporary difficulties. Russia can reorient its sales market to friendly countries and countries in the Asia-Pacific region. In this direction, the Republic of Sakha (Yakutia) will have a favourable position in terms of geographical location and promising projects. Article in Journal/Newspaper Republic of Sakha Yakutia Directory of Open Access Journals: DOAJ Articles Pacific Sakha E3S Web of Conferences 431 03002 |
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Directory of Open Access Journals: DOAJ Articles |
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English French |
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Environmental sciences GE1-350 |
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Environmental sciences GE1-350 Nikiforova Valentina State of gold mining industry in the Republic of Sakha (Yakutia) in the period of sanctions and restrictions |
topic_facet |
Environmental sciences GE1-350 |
description |
The gold mining industry is one of the strategic sectors of the Russian Federation's economy. It plays an important role in the socio-economic development of Russia and its constituent entities. The Republic of Sakha (Yakutia) is one of the leading gold mining regions of Russia. Recent changes caused by political and economic events that occur in the global and domestic gold markets are of great interest to researchers. This article examines the consequences of the US and EU sanctions on Russian gold in 2022, reveals the level of impact of sanctions on the development of the gold mining industry of the Republic of Sakha (Yakutia) and the country as a whole. For this purpose, the analysis of the world gold market, the current state of the gold and foreign exchange reserves of the Russian Federation compared to other countries, the resource potential of gold mining companies in the region, and the prospects for its replenishment are evaluated. It is revealed that the US and EU sanctions on Russian gold for gold mining companies can cause mainly temporary difficulties. Russia can reorient its sales market to friendly countries and countries in the Asia-Pacific region. In this direction, the Republic of Sakha (Yakutia) will have a favourable position in terms of geographical location and promising projects. |
format |
Article in Journal/Newspaper |
author |
Nikiforova Valentina |
author_facet |
Nikiforova Valentina |
author_sort |
Nikiforova Valentina |
title |
State of gold mining industry in the Republic of Sakha (Yakutia) in the period of sanctions and restrictions |
title_short |
State of gold mining industry in the Republic of Sakha (Yakutia) in the period of sanctions and restrictions |
title_full |
State of gold mining industry in the Republic of Sakha (Yakutia) in the period of sanctions and restrictions |
title_fullStr |
State of gold mining industry in the Republic of Sakha (Yakutia) in the period of sanctions and restrictions |
title_full_unstemmed |
State of gold mining industry in the Republic of Sakha (Yakutia) in the period of sanctions and restrictions |
title_sort |
state of gold mining industry in the republic of sakha (yakutia) in the period of sanctions and restrictions |
publisher |
EDP Sciences |
publishDate |
2023 |
url |
https://doi.org/10.1051/e3sconf/202343103002 https://doaj.org/article/1ba5502984be4ec4a902241617c60b55 |
geographic |
Pacific Sakha |
geographic_facet |
Pacific Sakha |
genre |
Republic of Sakha Yakutia |
genre_facet |
Republic of Sakha Yakutia |
op_source |
E3S Web of Conferences, Vol 431, p 03002 (2023) |
op_relation |
https://www.e3s-conferences.org/articles/e3sconf/pdf/2023/68/e3sconf_itse2023_03002.pdf https://doaj.org/toc/2267-1242 2267-1242 doi:10.1051/e3sconf/202343103002 https://doaj.org/article/1ba5502984be4ec4a902241617c60b55 |
op_doi |
https://doi.org/10.1051/e3sconf/202343103002 |
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E3S Web of Conferences |
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431 |
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03002 |
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1782339576470175744 |