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Order No. 40 of the Ministry of Natural Resources validating the Regulation on the classification of mineral deposits.

Country/Territory
Russian Federation
Document type
Regulation
Date
1997
Source
FAO, FAOLEX
Subject
Mineral resources, Water
Keyword
Minerals Classification/declassification Registration Groundwater
Geographical area
Arctic, Asia and the Pacific, Black Sea, Caspian Sea, CIS (Commonwealth of Independent States), Eastern Europe, Europe, Europe and Central Asia, North Pacific, North-West Pacific
Abstract

This Order establishes the basic principles for the calculation, assessment and state registration of mineral deposits according to economic value. State registration shall be compulsory for all explored mineral deposits verified by state testing. Mineral stocks shall be calculated based on the outcome of exploration practices. Classification shall be applicable to solid minerals and groundwater, which shall be classified into four categories: (a) developed reserves; (b) explored reserves; (c) approximately assessed reserves; or (d) prospected reserves.

Full text
Russian
Website
www.kodeks.ru

References - Legislation

Implements

Ministerial Decree No.210 of 1996 regarding institutions authorized to carry out state expertise of the stock of minerals, geological, economic and ecological information regarding the plots of subsoil conceded in use.

Legislation | Russian Federation | 1996

Keyword: Institution, Data collection/reporting, Exploration, Minerals

Source: FAO, FAOLEX