Russia holds the largest deposits of titanic ore
Russia is ranked the third globally by the availability of copper
About 60% of mining development in Russia is coal. It makes the country one of the leaders in coal production worldwide. The country holds 1/3 of global coal deposits and 1/5 of explored reserves
Up to 43 million tonnes before 2030 coal production growth in Russia. 82 open pit mines and 64 underground mines will operate in the country
15% of global iron ore annual extraction in the country
40% of global deposits of iron ore are concentrated in Russia, it corresponds to some 65 billion tonnes of ore, including 45 billion tonnes relating to production category
4% gold production growth in Russia following the result of 2019 if compared to 2018 – up to 9,72 million ounces (302,3 tonnes), further on the annual growth will total 3,5% – up to 13,18 million ounces (410 tonnes) in 202
68 thousand tonnes proven silver reserves in Russia
US $123m before 2030 projected investment of the Russian government to support mining sector growth
Mining industry in Russia is 46% export oriented It generates about 10% of all currency earnings of the country
48 items of mineral stock are extracted in Russia
9,7% the share of Russian mining industry in the global ranking
1,5 billion tonnes per annum mining production in Russia; the country is ranked the third in the global ranking list after the USA and China
According to the strategy for development of mineral and resource base of the Russian Federation before 2035, it is projected to increase the production:
• up to 322,6 tonnes of gold;
• up to 2,505 tonnes of silver;
• up to 43,3 million diamond carats;
• up to 378,8 million tonnes of iron ore;
• up to 966,5 thousand tonnes of copper;
• up to 489,6 thousand tonnes of zinc;
• up to 270,6 thousand
