M. V. Kurneva

In the future the economic and geopolitical rank of Russia in the world to a great extent will depend on the quantity, quality and cost of its mineral output. Today, due to the development of mining sectors the country’s mineral reserves are being depleted. Reproduction of mineral reserves and resources is a critically important condition of Russia’s staying on its leading position. The author presents the estimates of mineral reserves and resources of diamond deposits in Russia and emphasizes the necessity of enhancing the exploration efforts. Main problems of mineral reserves and resources reproduction are described from the standpoint of the government and mineral mining companies. A scenario is proposed of mutually beneficial cooperation.

Key words: diamond industry, reproduction of mineral reserves and resources, prospects of diamond industry development, reserves, resources

Mining Industry Journal №3 (115) 2014, p.58

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